This might be duh for some people, but if you’re like me and considering a mortgage; at today’s rates in the US at around 5-6%, over 30yr mortgage you will pay about same in interest as you will for your house price.

Your $500k house will cost you around $1M total over thirty years.

I was surprised.

https://m.mortgagecalculator.org/?q=A1Nzy-8KX

  • sugar_in_your_tea@sh.itjust.works
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    5 days ago

    Yeah, if you have healthcare covered one way or another, then you just need enough to pay the bills if you have enough savings to grow into a retirement nest egg.