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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op, you seem like a lost cause. I get that taking a loss sucks, but sometimes you have to make a hard decision for the long term. You aren't looking At the flipside ... In ten years would you rather have money to help your kids put their first down payment down or not? Do you think they'll give two shits if they grew up in a rental? When you hit retirement age will you say "Fucking tumbleshits, thank god we have enough to retire" or will you say "Thank Christ my counters are carrera and not some fucking soapstone".... And when you lay on your deathbed will you say "I helped my children grow and leave them enough money for them to be less stressed in their own life" or will you say "That twat next door doesn't have a Mercedes!"[/quote]

I am considering selling. However,  I do wonder if our house will be a nest egg for our kids. In 25 years we will hopefully have a good amount of equity and it will have appreciated some. On the other hand, investing some of that money in a 401k might be smarter, just not sure.[/quote]

I don't what more to tell you. The real estate will never ever be more than 25 years of $5,000 or more month going into tax advantaged accounts. You can easily prove this yourself with some simple math. You'll have recouped losses in two years, and in five you'll have $300k in an account throwing off perhaps $15K a year. In ten years your contributions alone would have hit $600k, to say nothing of the hundred grand or more you'll have seen via appreciation. It's entirely possible that within 15 years you could have a million in there. Even at the five year mark you could easily take out $200k for a sow payment on a house and not be stretched (assuming of course you buy what you can afford). Anyway I digress, best of luck to you.

Signed - 33 yo, $1.6M and making far less than you [/quote]

Thanks for the post. We are leaning towards selling. I think your numbers are a bit optimistic, partly because I don't think we can find a rental that fits our family of six in the school district where our kids currently  are for less than $4000, maybe 4500. So at best we save $3000. Also, some of that may need to help pay for college, (in addition to our savings from not paying for private school) especially in three years when we'll have two in college.

PP, just curious,  what do you mean by the 100 grand or more you'll have seen via appreciation?
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