Sorry, to clarify: where I live, let's say that 3% is roughly $2k per month. And, if you've continued to borrow against your home you'll still have mortgage pay

Sorry, to clarify: where I live, let's say that 3% is roughly $2k per month. And, if you've continued to borrow against your home you'll still have mortgage payments. That can be unsustainable housing expenses in retirement for many people.