At 58 years old, should I buy or rent?Looking for home around $200,000 and have $50,000 for down payment. I'm retiring soon and will bring home $3700 a month. I have no bills. Spoke to a lender and house payment would be around $1,000. Or should I rent at approximately $1800 a month. My age is my big concern as I know I won't be around to ever pay the house off.March 20 2012 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.