Reply to If your HHI went from $350k to $900k +

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[quote=Anonymous][quote=Anonymous]   [/quote]

Interesting question - why save first, and pay off mortgage second?  I'd likely reverse them, or at least split up investable income between mortgage and savings, under the theory that if the mortgage is paid off, we need a lot less income to maintain our very nice lifestyle.  [/quote]

Because if you need cash in a hurry, it's easier to withdraw from your investment accounts than to sell your house or get a HELOC.[/quote]

I'm not suggesting leaving your bank accounts bare, but there's a word of difference between having a healthy, six figure emergency find and a "seven figure post-tax nest egg."  That's the part I have questions about.  [/quote]

I’m the PP who want s seven figure post-tax nest egg.  We already have seven figures, but between retirement accounts and home equity.  We do have a six figure nest egg, which I love.  Frankly, if we had about a million invested the money it was making should cover our mortgage vs paying off the mortgage and having nothing left over.  I’d just rather have a big income stream vs asset, but it is riskier.  Plus I don’t want too much net worth stuck in a single asset/house.  [/quote]

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