4 ms·
I can, rent in cheap cost of living location. Why pay 600k+ usd to purchase in m-hcol when instead can live abroad during retirement and pay 1k/month and use th
by rootsudo 2mo ago
I can, rent in cheap cost of living location. Why pay 600k+ usd to purchase in m-hcol when instead can live abroad during retirement and pay 1k/month and use the remaining for better living or health care or whatnot?
- bluGill 2mo agoI can sell my house when I'm retired if I choose to do that. I can only save so much money in retirement plans. A house (in the US - other countries have different rules!) is my next best retirement investment because I can live there rent-free after I retire, or I can sell it for more cash. If you are not maxing out your retirement accounts then the house may be a worse investment than adding more to your retirement accounts.