The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Are Americans saving too much for retirement||Date: 2/20/2007 4:33 PM|
|Author: Gingko100||Number: 2570 of 69760|
Do you have any idea how BIG the United States is?
Oy. Living without a car is only possible for a few people here.
Not for the majority.
The answer - as with many things is - "it depends." I agree that majority in the US need a car. But I have known many, many people without cars.
When I lived in New York, most people I knew didn't own a car. It was actively a liability there. I now live in the SF Bay Area, and for my first year here didn't own a car. I know five people who have never owned a car here, and three more who don't own one now but may again. For them it's cheaper to do this. They rent from time to time. There's a retirement apartment up the street from me and most people there don't have cars.
In urban areas it's often possible to do without a car and not have much trouble at all.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|