No bank is going to hand out a first-time mortgage to someone when they are fifty-five. Lots of people think they will pile up the savings while they rent. But

No bank is going to hand out a first-time mortgage to someone when they are fifty-five. Lots of people think they will pile up the savings while they rent. But life happens and they want to live somewhere nice in the present, so they end up making their landlord rich and no one else. I am almost fifty. I now see life from the perspective of approaching retirement. At this point, if I were renting, I would be in deep trouble. And forget this idea that you love your job and will just keep coding/growth hacking/whatever until you are seventy five...no one will want you around the office. This is just a myth people are constructing for themselves.