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Reply to "Middle-class, reasonable, not extravagant retirement plans"
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[quote=Anonymous]My block a “trade up block” I say average “new” homeowner is 50-55. I bought my house when I was 55 myself. A few on my block refinanced or bought in 2021 and for most the mortgage is done between 80-85 and a few people who refinanced the mortgage is fine between 85-100. Middle class people generally are loaded in retirement. Much more than rich people. My 82 year old MIL makes way more than here salary when working thanks to SS rising each year. [/quote]
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