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Reply to "Would buying an expensive house be a bad choice?"
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[quote=Anonymous]You don't list your ages, but we're 41 and 35 and have around the same HHI as you. We only have 500k in equity in our home, but have 1.5MM in cash and investments. We would never consider a home this expensive because I don't think we'd hit our retirement goals if we bought one. We're currently in a 15 year mortgage with about 10 years to go and can't wait to get that yoke off our necks. Moving into a fancier home would just reset the clock, but I can understand the appeal. We certainly look at those big homes from time to time and think hard on it. Good luck! [/quote]
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