Trapped in a US $ 1.6 million home!

Here – call it bias – confirmatory bias or whatever else…here is an American story. It shows how a home – expensive in this case – or even a cheap home can push back your retirement by a long time. It is a long post but it is interesting. Many Indians are trapped in such expensive toys that they bought and are now paying the EMI right through their nose.

If I had a house costing 1.7 Million US $, I have no clue what I would have done but I liked the approach that the author has taken.

Read the article, and retweet it to your friends…many of them are in a similar trap…and do remember to read the 70+ comments..it is interesting…

Reader Case: Want to Retire but Trapped in a 1.6 Million Dollar House

 

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