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> I would say owning your home free and clear is a prerequisite to retire. People in countries like Switzerland with a high percentage of renters (58%) somehow

• jacquesm 4y ago
  Switzerland being one of the wealthiest countries in the world with a very good social setup may have something to do with that. In quite a few countries your whole social security payment and then some would be eaten up by rent if you're still renting at that point. Hence the existence of trailer parks and such niceties in other parts of the world.