Our home has been paid off sine befoe we married 25 years ago.It is nothing to write home about but it is ours so only pay utilites,taxes and insurance on it.We are still working and haven’t really chaged much of anytihng except we don’t buy as much stuff as we used to do and don’t buy as many extras in groceries as we used to do.Do not owe 1/5th of what you do on cc and really don’t use them much at all anymore.
25 years of $400 a month rent payments, if my math is correct, kinda comes to $120,000. Nothing to sneeze at.