4 ms·

And property taxes.

• Someone1234 11y ago
  And routine maintenance and repair (e.g. complete roof replacements every 20 or so years). Owning a home is super expensive even without a mortgage. So even going into retirement with a paid off house, you'll still want to set aside a decent pot of gold to keep that house "going" even aside from utilities (some of which are optional anyway, like cable/landline).