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re: This Is What Life Without Retirement Savings Looks Like

Posted on 2/22/18 at 9:24 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48800 posts
Posted on 2/22/18 at 9:24 pm to
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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