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Reply to "Anyone at $330K HHI have a mortgage that is $4900/month (37% of net pay / 17% of gross)?"
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[quote=Anonymous]I wouldn't do it. You don't have enough savings (emergency fund), credit card debt too high, assuming too much about what the next 23 yrs as a Fed will be like in terms of retirement (I was 20+ yrs in when things started getting chipped away but if you have 20 to go you're going to take the full brunt of any cuts, and I am sure there will be significant ones in both retirement benefits, contribution to health plan, etc.) ... IMO you're assuming too much and taking on more than I'd be comfortable with but you have to gauge your own risk tolerance and realize where you're pushing it.[/quote]
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