Seeing a lot of posts on LinkedIn about the 50 year mortgage proposal. When the 30 year mortgage was rolled out 89 years ago in 1934 life expectancy was 60-63 years old. How does life expectancy track with a 50 year mortgage 89 years from now in 2114?
Discussion
In 2114, it's gonna be a totally different empire. They're gonna be talking about different religions. And different stuff than we talk about today.
Similar to 1934 compared to today? Just looking at the life expectancy piece of it, when they first rolled out a 30 year mortgage you were expected to die when you were 60. Now a 50 year mortgage, what is the life expectancy 89 years from now?