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Started By
Message
re: This Is What Life Without Retirement Savings Looks Like
Posted on 2/22/18 at 9:09 pm to fallguy_1978
Posted on 2/22/18 at 9:09 pm to fallguy_1978
quote:
There are plenty of millennials on here that live in 350k houses on 85k income.
That isn't THAT far fetched.
And that's from a dude living in a sub 600 square foot microhome with my wife AFTER living in a 3400 square foot home with the same wife.
2
Posted on 2/22/18 at 9:22 pm to X123F45
quote:
That isn't THAT far fetched.
And that's from a dude living in a sub 600 square foot microhome with my wife AFTER living in a 3400 square foot home with the same wife.
So you’ve been on HGTV?
Posted on 2/22/18 at 9:24 pm to X123F45
quote:
That isn't THAT far fetched.
And that's from a dude living in a sub 600 square foot microhome with my wife AFTER living in a 3400 square foot home with the same wife
The old rule of thumb used to be don't buy more than 2.5x your income. Obviously other debts, bills and down payment come into play there but that's still over 4x your annual income. A lot of younger people are house poor or they rent so they can live in expensive areas. Whatever, to each their own.
This post was edited on 2/22/18 at 9:33 pm
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