Because retiring when you don’t own a home is difficult. Not only is rent a lot more than property taxes, but it tends to go up unpredictably.
So for most people, buying a home of some kind is a given. Doing so sooner means saving more money, both because rent is generally more than property tax and because loan payments build equity, which is still fundamentally yours.
Because retiring when you don’t own a home is difficult. Not only is rent a lot more than property taxes, but it tends to go up unpredictably.
So for most people, buying a home of some kind is a given. Doing so sooner means saving more money, both because rent is generally more than property tax and because loan payments build equity, which is still fundamentally yours.