Our cars are old; so’s our house. Old and paid for. :o)
You got it. My advice to young ‘uns is to max out your 401K contributions, do not go into retirement with any debt, and live below your means.
I am always surprised to hear of people in their 60’s with mortgages....but, then, sometimes I think....MAYBE they are the SMART ones....16 year old pick up here...with almost 300K on it...house not that old, but paid for...with a LOT of hard work over the past 40 years!