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Money and Finances
Reply to "Stupid me emptied my 401k to buy a house at 42"
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[quote=Anonymous][quote=Anonymous]You will be fine. Not the end of the world. You put 40% down. It's okay. Just save and avoid unnecessary expenses. You will social security and perhaps a small inheritance. Nowadays everyone is all doom and gloom. We bought in 2020 and have a 2.6% interest rate. I think it's very easy for people who bought houses when rates were cheap and/or houses were cheap. These people sit in their chairs with popcorns and scorn people like you. We have friends who have been priced out and are renting crappy places for insane money. Frankly many of us don't understand the situation that a lot of folks like you are under.[/quote] I understand it just fine. I also cannot afford to buy a house unless I massively raid my retirement account. so I am just going to rent or buy a very cheap condo that does not require me to spend my retirement money. Nobody has to own a home. [/quote]
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