January 25, 2019 rummy

It may sound like a cliche but the truth of the matter is, starting young in terms of owning a home truly helps build up a person’s wealth and be financially secured for early retirement. Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became homeowners at a younger age than today’s young adults. Half the older adults in our sample bought their first…