Quote:
Originally Posted by mrf0151
So, the question is, why are they not living a comfortable lifestyle in retirement?
Poor planning is the answer for most. Sure, there could be other things that can derail your retirement plan but for the vast majority it will be that they did not enter retirement debt free.
Hard to imagine folks living in retirement with a mortgage or car payments or other bills that are not the normal day to day living expenses.
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you would be surprised how many retired people have mortgages including myself , I’ve owned a lot of homes including 6 in the villages ,all mortgaged , I do pay cash for my cars though