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[quote=Anonymous][quote=Anonymous]Move. Single mom with 2 kids here. We moved out of our condo and into a SFH with highly rated schools a couple years ago. List was around $900k with 20% down, and I make $25k less than you do. DCUM tends to be conservative. I wish we'd moved years earlier (but the pandemic set that back). [/quote] Sorry but putting down $180K vs $500K is very different. I’d never lock up $500K in a house in today’s market w interest rates where they are. $180K is a different story. If OP puts $500K in an index fund like VOO or another S&P500 aligned fund, that’ll double that every 7 years. Then double again in another 7. And so on. That’s $4M+ liquid when it’s time to retire in 21 years. Then they can buy a house for themselves AND give their kids sizable downpayment help, which they’ll appreciate way more than having a separate bedroom growing up. Delayed gratification builds generational wealth. [/quote]
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