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Reply to "$7M vs $10M"
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[quote=Anonymous][quote=Anonymous]I have NW of $10+m although $3.5m is tied up in 2 houses which have increased substantially in value in recent years. And no plans to sell either of them, so our non house NW is closer to $7m. I expect to get about $1.5m in inheritance at some point, but not relying on that. And we are still saving a lot. The only thing that really changes is that I am more willing to spend current income since I am pretty comfortable with our financial position from a future retirement perspective. So I don't sweat travel expenses or home improvement investments the way I once did. [/quote] I am the poster who the other guy hates. I’d still consider one of those two houses as part of your portfolio even if you never plan on selling, because the fact is that if you had to or wanted to you could. You only need one house to live in, not two. [/quote]
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