Reply to PSA: Save early

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Saving early is for the rich.

We both worked, but money was siphoned away to paying student loans, saving for a down payment[b], paying for that expensive house, [/b]childcare, paying for kids, and saving for college.

Sure we started saving for college and increasing retirement savings in parallel b/c we can’t get loans for retirement, but saddling our kids with loans is an unpleasant trade off.

Where does this early come into play?  Our down payment for a standard 40s special in the DMV was $140k. That took forever to save for. 
[/quote]
You don't need an "expensive" house, especially with student loans.  
[/quote]
Hey boomer. ALL homes are expensive now, at least if you want safe and okay schools. [/quote]
No, not "all" houses are expensive now. But, even if they are, then you should rent till you can afford it.  You chose to get an expensive house even with your student loans, so now you have sacrificed your retirement.

Pay now or pay later. You chose to pay for it later.

And I'm not a boomer.[/quote]

Where are the cheap houses with safe communities and good schools?[/quote]hartford suburbs [/quote]

That’s great for people’s whose careers make Hartford make sense (insurance?). For those of us with DC type jobs, thanks for playing?[/quote]

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