Background: I live in a High Cost of Living Area (Washington DC area). I like it here and want to stay until my work career is over. I'm 41 and renting makes more sense for me since I'm single with no kids and don't plan on having any. There is really no reason for me to have a mortgage (and all the expenses that come with home owning).
However, I have to start thinking about what I'm going to do when I retire. My thinking is just to rent until I retire, then move to a lower cost of living area and then buy a home outright with cash. Thoughts?
Submitted January 08, 2019 at 07:04AM by Mind_Explorer http://bit.ly/2TDVoQv
