Buying a home earlier in life can seriously boost your financial picture in retirement

Buying a home earlier in life can seriously boost your financial picture in retirement
Burdened by student debt and less inclined to marry young, Millennials are putting off homeownership, waiting longer to buy a home than generations past. But a recent study by the Urban Institute reveals the financial impact of delaying homeownership, revealing that those who purchased in their younger years carry more wealth into retirement and suggesting that young adults “take into account the long-term consequences of renting when homeownership is an option.”
Source: https://www.housingwire.com/rss