"Can I afford to buy a house now?"

Today's guest, Jake, wants to buy a house— but he's not sure if he can afford it. Nicole helps Jake think through whether it makes financial sense for him to buy a house, or if he's just trying to keep up with the Joneses. Magnifi helps Jake build a portfolio to invest towards his downpayment, and a realistic timeline for getting his dream home. If you want to check your own retirement progress, have your very own chat with Magnifi and download the Magnifi app at moneyassistant.com. Learn more about your ad choices. Visit megaphone.fm/adchoices