A dual-income couple in San Francisco weighing whether to keep renting or buy a $1.4M condo
Priya & Jordan, both 34, San Francisco CA
exampleMarried, no kids yet, considering one in the next few years · $360k/yr household income
They're renting a 1BR in the Mission District and debating whether to buy a condo before they start a family
Priya & Jordan are renting a 1BR in the Mission District and debating whether to buy a condo before they start a family The real question: With $1.4M condos and HOA fees on top of a mortgage, does buying actually build more wealth than staying renters in San Francisco?
The plan holds$21M
Projected net worth at retirement (2055)
Retirement year
2055
Safe withdrawal / yr
$719k
First shortfall
None projected
Modeled year by year, with the daycare, the mortgage, and every account and tax accounted for, Priya’s plan funds retirement. The safe withdrawal covers their projected spending. The exact answer always depends on the full picture, which is the whole point.
Your situation is more like this than a rule of thumb
Model your real household — kids, a home, a big expense — free in under a minute.
Get my verdict →An illustrative example household. The numbers are modeled by Rightmont’s engine from these inputs; your real answer depends on your full picture. Educational only, not financial advice.