Quote:
Originally Posted by yads
Except statistics contradict what you say. In that Money Sense article linked earlier it says
Hardly earth shattering numbers. |
That article also says that its about $22k-$27k per year to live in most Canadian cities. That seems like a huge stretch!
Thats not to suggest that its impossible, but its not quite what I have in mind for my retirement. I just think that there are a lot of baby boomers who will get a rude awakening as their retirement nears. If I had a nickel for every guy who "has his retirement in his house" and just plans to sell the house and downsize I could probably retire today!