3 ms·
Why would it not be? Sounds about right. Even post-bubble, the median house is still worth a couple of hundred grand, and people do pay off their mortgages even
by planetguy 14y ago
Why would it not be? Sounds about right. Even post-bubble, the median house is still worth a couple of hundred grand, and people do pay off their mortgages eventually.
The scary part is how little other wealth people have socked away for their retirement. I was brought up to believe that you'll need at least a few million dollars in investments (in today's money) in order to retire comfortably, so you damn well better start socking that away as early as possible.