On Tue, 21 Nov 2017 04:10:34 -0000 (UTC), Bill wrote:

wrote:
On Mon, 20 Nov 2017 19:12:12 -0500, Alex wrote:



Too many people spend every dime they make, don't take advantage of
401K's, and wonder how they are going to retire on SS alone.

I also wonder how anyone over 50 or so with a mortgage and car
payments ever expects to retire. I paid cash for my house here in 84
and I paid off my mortgage on the condo in 1990. I haven't had a car
payment since the Nixon administration. In spite of all of that I
sound like a pauper when I hear how much money you guys make.


Last car I financed was wife’s Venza 2009. Interest rate was way lower
than investment income. I am comfortable, but California costs a lot more
than Florida.

We financed my wife's new Subaru. Zero percent interest was hard to beat, and that was after we got
the price we wanted.