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[quote=Anonymous]We are a family of 3.  Own a condo in DC worth $500 - $600K that is totally paid off.  Gross annual rental income is $36k-$38k.  We have a house in MD that we could sell for at least $1 mil, and have a $200k mortgage on it.  We have combine student loans of $65K at a very low interest rate (less than 3%).  Only about $100K in savings, and a combined total of $100k in 401ks.  DH is starting business but isn;t earning income yet.  I make about $80K a year with ok benefits at a nonprofit.  DS is in preschool and can go to great public schools in MD.  Sometimes I think we should cash out of our house, maybe keep condo for rental income, and live someplace cheaper where we both could work parttime (or in my fantasy not at all).  DH is in early fifties, and I'm early 40s, so we hopefully have some years of living ahead of us.  We'd like to be able to pay for kids college, etc.

I'm looking for inspiration of how to make this a go.  Would it be possible to stop working, pay for affordable care act medical coverage and just piss around without bankrupting ourselves?  Where could we move on the East Coast to live more cheaply?[/quote]

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