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Reply to "What is your house worth"
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[quote=Anonymous][quote=Anonymous]Ages - 48, 49 NW - $6.3M (including paid off house worth $800k). HHI - $300k Kid - 17 year old I shared but I’m not sure that it helps you in any way. Will your health issues mean higher expenses in retirement? Do you know how you will deal with elder care expenses? You guys are definitely fine but doubling the cost of your house may not be the wisest decision. Sure you won’t lose the money exactly but it will be tied up. Can you find a lower priced option in a neighborhood you like? Your kid is in private school so the schools are not an issue. [/quote] OP - why bother on here? It doesn't take a math genius to figure out 90% of these posts are outright lies (not sure why people lie on a anonymous forum, but so be it). The above post is classic...unless there is family month then it's impossible for most of the numbers here to make sense. Move on, talk to real people or a financial planner. [/quote]
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