The question is, can you really afford to pay for a house and still save for retirement. Will you have sufficient income to pay the mortgage, insurance, real estate taxes, utilities and maintenance costs and still sock away enough in 401(k)s and other retirement plans so you’ll have an adequate nest egg when you retire? That can be a tough call. For one thing, you’ve got to have a sense of how much of your annual income you should be saving for retirement. You’ve also got to factor in future earnings prospects. After all, things could be tight now and for the next couple of years. But if your salary is likely to rise significantly in the not too distant future, then you’ll probably have a lot more wiggle room after housing costs, allowing you to ramp up your retirement savings effort. Who Says You Can\'t Buy a Home!

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