
is it okay to rent forever I hear you talk about a paid-off home being a large piece of people's net worth but is it still possible to build wealth if you don't own a home I always look to when it comes to retirement the singular expense that continues to go up that you will not have control over is your housing so rent will continue to rise and if you own your home and you pay it off then that's an expense that you don't have and it's continuing to work for you building Equity so it is a part of your financial pi sure that I would want you to have a part of it it doesn't have to be today it doesn't have to be in the next 5 years but eventually I would have home ownership in your financial picture for many reasons but I think mostly when you look towards times like retirement you won't have to have that expense that continues to rise and you actually have an asset