This might be duh for some people, but if you’re like me and considering a mortgage; at today’s rates in the US at around 5-6%, over 30yr mortgage you will pay about same in interest as you will for your house price.
Your $500k house will cost you around $1M total over thirty years.
I was surprised.
Oh good point about the medical benefits if you are in the US, I live in the UK so that isn’t something you need to think about.
Yeah, if you have healthcare covered one way or another, then you just need enough to pay the bills if you have enough savings to grow into a retirement nest egg.