We Want to Retire in 2-4 Years and Spend $150K a Year - Can We Afford a $1.5 Million House in a Pricey Housing Market?

We want to retire in 2-4 years and spend $150K a year - can we afford a $1.5 million house in a pricey housing market?

If you have reached a point where you can retire sometime before your 50s, you should feel great about hitting such a major milestone. This is exactly what those in the FIRE world aim for as the goal of early retirement is far more than just a dream, it’s a reality that can sometimes lend itself to dramatically saving every month to achieve.  Key Points This Redditor hopes to retire in 2-4 years, but wants home security. You need to be mindfu…

Another debate on housing affordability: ‘Soon a row house will cost a million

On Tuesday evening, Eindhoven’s councillors tackled the housing issue yet again. Many new homes must be built, but progress is stalled. Why? Some parties point to the agreement mandating a high proportion of affordable housing. Housing councillor Mieke Verhees views the construction challenge as a ‘many-headed beast’. Eindhoven is betting on 85% affordable housing in new construction projects, while the government is taking the line of 67%afford…