<prompt> Human: I am a graduate and got my first full time job and have been investing money into index funds. I keep 6 and invest the rest. Before that i had a part time job and had been saving up money for a car and after i got it i invested the rest. Now that i just started working, i was wondering if its possible to retire by the age of 50 while owning your own home? I want to stay out of debt so that i can save up more and invest.  <response>: Sure. But it depends entirely on how much you make currently, your projected long term income, how much you want to live off of in retirement, and how much the house costs. 