Comment

Comment on Congrats to all 2024 college graduates!

Asafum@feddit.nl ⁨7⁩ ⁨months⁩ ago

The only hobbies I actually enjoy require space: gardening and lapidary “arts” (gem/stone cutting). I can’t buy equipment because I don’t have the space to store them and having to move every 2-3 years is not only very difficult when you have more stuff but also really damn expensive.

So there’s that, and there’s retirement. Having set expenses (aside from taxes) is super important and you’ll never have that with renting when you’re retired.

Then again who am I kidding, I’m 38 and working in a factory. My retirement will be whenever I decide to buy a gun lol

source

Sort:hotnew top

aeharding@vger.social ⁨7⁩ ⁨months⁩ ago
I’m currently renting a home for space for gardening. Tomato seedlings went out last weekend :)

So there’s that, and there’s retirement. Having set expenses (aside from taxes) is super important and you’ll never have that with renting when you’re retired.

I don’t consider my home a retirement vehicle. I save separately for that. But I do understand that for some people, it is, and that’s understandable.

source
- scoobford@lemmy.zip ⁨7⁩ ⁨months⁩ ago
  Its a retirement vehicle in that it prevents future rent raises from threatening your retirement, not in that you can/should live off of your home’s equity. Nobody wants to go back to work at 85 because their rent doubled.
  
  source