The housing market price is nearing its 2008 high price this year.  Many young couples love the feeling of owning a house beyond their means. A modular house can be a solution although in Silicon Valley space rent ranges from $600 to $1200 per month.

Renting a medium-size house costs between $2000 to $3500 per month.  Young couples want to belong to a community while the older generation are downsizing from a palace to a two-bedroom one-story house or even join a senior’s apartment or housing complex with nursing care.

Save while you are young since it costs you more if you save later in your 50s.  Better yet, make it electronically deposited so you do not touch it to buy electronic fad gadgets. American garage are filled with stuff that are not a necessity. It is a must to retire comfortably, tax-free. Call Connie  Dello Buono 408-854-1883 and email at motherhealth@gmail.com CA Life Lic 0G60621 (in 50 US states).

Here’s an illustration showing why that’s true: Suppose you’re 30 years old and for the next 35 years you contribute $5,000 a year (well below the maximum), earning 8 percent per year. At age 65 your account will be worth $861,584.

But if you delay your participation just one year, starting instead at age 31, your account will be $68,451 less! If you contribute $1,000 a month and wait a year to start, your loss will be more than a quarter of a million dollars!