The Dave Ramsey Rule on Mortgages Is Quietly Destroying Middle-Class Retirement Plans

Quick Read Buying a $400k home with 15-year mortgage at 5.44% requires $140k income under the 25% rule. Renting eliminates forced equity accumulation that compounds into hundreds of thousands in retirement wealth. Delaying homeownership by 5-10 years eliminates appreciation gains during prime earning years. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. A middle-class family earning $90,000 a year ...