$50k is the average salary for a person who has a degree. Houses are a liability and not an asset. And you are helping pay for a house that some day you and your brother will split or both live there. If you have a 30 year mortgage then the first 10 years it's almost like you're paying rent so you don't build up equity for that first 10 years. And as far as stocks are concerned well stocks go up and down so you have to keep a daily/hourly watch on them because of people and companies who pump and dump. So it's real easy to lose money. Times change so you have to keep your ear to the ground to know what's going on economically. While stocks may be good today they might not be good tomorrow. In years past (up to 2008) you could consider a house an investment, but not so today.
People who couldn't make it when the 2008 mortgage fiasco hit move home or to the streets, and students went back to live with their parents so you'll find them at age 32 still living with their parents.
The reason people move from their parents home are for many reasons but the major one is to marry and have their own family, but if that's not your interest then you're fine where you are.
Reading the whole of your question, you seem to be pretty 'switched on' to be asking such an 'innocent' question.
I lived at home until I was 24 for two reasons. 1) Until I could afford to 'buy' rather than waste money on rent. and 2) Because I had a great relationship with my folks, who allowed me to live my own life in a house that was big enough that we could respect each others privacy,
At the end of the day......It's nobody else's business except yours !
If everyone involved is happy with the arrangement, why wouldn't it be OK? A lot of people move out because they don't get along well with their families, but that doesn't seem to be a problem here.
What country you live in as it varies greatly.
In USA what state you live in
40000$ for single is good living in some states, others barely break even.
Go to library to learn about house buying and owner ship.
It is not the best thing at 23 - 28.
the myths of it supports many industries.
If parents siblings cool with u there, stay.
How EVER living with parents will limit your life with other sexs .
Here 40k$ income limits house buying to 160k$ mortgage.
what type of house is that where you live?
Learn more about local housing market.
It happens. The economy sucks right now. I'm 22 and I live at home as well. My cousins lived at home until they were 27 or something because places were too expensive and no one was hiring.
It happens dude. Our generation got ****** by the older generation and now we're paying for it.
To answer your question, since you have a steady job and decent income, I'd say move out on your own. I'm not very knowledgeable about the stock market to be honest, but if you can afford to support yourself, I say go for it.
You are doing superb, and respecting your parents by helping out with "rent" and chores. [It is only a western thought that young adults must leave home.] I moved home AFTER 4 years in the military so that I could keep costs down and concentrate on college. {Got married after graduation, and that is when I moved out.}
A cousin (-in-law) moved back home AFTER RETIRING from the military to help take care of his parents. That is also working out well for everyone.
First of all, you are doing an amazing job financially! You should be very proud of yourself. I would recommend staying at home for as long as you can, to be honest. If your parents/step-parents are ok with you staying there, I would really recommend saving as much money as you can for as long as you can.
I wish the best of luck to you!
You are an adult. You can live wherever you chose. You do not need to ask strangers on YA where you should live.
it is your life to live, do you value your privacy, having your space, entertaining friends, perhaps having a spouse / partner someday, get out and live on your own
