Current Events > How do renters retire

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REMercsChamp
12/22/18 2:01:42 PM
#1:


I can't really understand how renters retire.

They throw money away on rent instead of saving/investing in their own property. Then when they can't work anymore they still have to pay rent instead of having their own paid off property.
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MedeaLysistrata
12/22/18 2:02:24 PM
#2:


idk but my grandmother was a retired renter so clearly it's within the realm of possibility
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UnfairRepresent
12/22/18 2:02:41 PM
#3:


man this is a weird thing to troll about
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^ Hey now that's completely unfair.
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IloveJesus
12/22/18 2:04:50 PM
#4:


To be honest, I'm a homeowner and doubt I'll ever get to retire.
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Broseph_Stalin
12/22/18 2:05:04 PM
#5:


Property is not the only way to build wealth.

Why do people not realize this?
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Romes187
12/22/18 2:06:39 PM
#6:


Lmao owning a house is like level 1 finance. But once you actually know what youre doing and arent just getting out of high school thinking a house can be your only source of income later on in life you realize there are far better investments lmao

This topic is like someone bragging they know how to add numbers haha. Come back when you learn groups, rings, and more advanced topics please
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ArchiePeck
12/22/18 2:07:20 PM
#7:


Good long careers with great pensions would i guess make it feasible.

But I think it's a ticking timebomb for a lot of this generation - they'll never get on the housing ladder so they'll have to keep working until their physically incapable and then become destitute and homeless in their final years.
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Broseph_Stalin
12/22/18 2:07:46 PM
#8:


ArchiePeck posted...
But I think it's a ticking timebomb for a lot of this generation - they'll never get on the housing ladder so they'll have to keep working until their physically incapable and then become destitute and homeless in their final years.


Broseph_Stalin posted...
Property is not the only way to build wealth.

Why do people not realize this?
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REMercsChamp
12/22/18 2:07:49 PM
#9:


Romes187 posted...
Lmao owning a house is like level 1 finance. But once you actually know what youre doing and arent just getting out of high school thinking a house can be your only source of income later on in life you realize there are far better investments lmao

This topic is like someone bragging they know how to add numbers haha. Come back when you learn groups, rings, and more advanced topics please

Sure - keep telling yourself that while you piss away your money on rent and pay off someone elses mortgage
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itachi15243
12/22/18 2:07:54 PM
#10:


How does anyone retire

Even if you own your home you still have to throw money at property taxes
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Romes187
12/22/18 2:08:56 PM
#11:


REMercsChamp posted...
Romes187 posted...
Lmao owning a house is like level 1 finance. But once you actually know what youre doing and arent just getting out of high school thinking a house can be your only source of income later on in life you realize there are far better investments lmao

This topic is like someone bragging they know how to add numbers haha. Come back when you learn groups, rings, and more advanced topics please

Sure - keep telling yourself that while you piss away your money on rent and pay off someone elses mortgage


who said I rent? Lmao
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Romes187
12/22/18 2:10:00 PM
#12:


Guys everyone who rents has no money lmao!



The best thing is tc thinks its a great troll topic when it just shows how dumb he is haha
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Lairen
12/22/18 2:10:29 PM
#13:


They mind their own business.
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Romes187
12/22/18 2:10:50 PM
#14:


Pics of tc? Just want to see what we are working with here

I have a feeling I know haha
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knutjob
12/22/18 2:15:51 PM
#15:


This gimmick is so bizarre
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Space_Man
12/22/18 2:19:10 PM
#16:


rent locked apartment.
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1337toothbrush
12/22/18 2:25:41 PM
#17:


Just follow the advice of investment geniuses on the internet who started investing during one of the longest bull runs in US history:
"Renting is better since it feels up cash that you can put that into better investments. Here, let's make a conservative estimate of 10% rate of return per year... after seeing this math, it's obvious that renting is the way to go!"
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EzeDoesIt
12/22/18 2:26:25 PM
#18:


UnfairRepresent posted...
man this is a weird thing to troll about

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KILBOTz
12/22/18 2:34:43 PM
#19:


being a landlord is a cornerstone of my retirement plan. Let all the lifelong renters pay for my umbrella drinks on a tropical beach.
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lesidesi
12/22/18 2:35:43 PM
#20:


another version of this topic again
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