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Reply to "$2M home w/ $160k HHI?"
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[quote=Anonymous][quote=Anonymous]Maintenance, upkeep, furnishings, and landscape maintenance will suck up all of your disposable income and then some. I'd split the difference - [b]find a nice, updated, well-maintained but slightly smaller home for $1M-ish.[/b] Put another $0.5M in a low-risk account to cover your move-in costs (including furnishings) and 5-10 years of maintenance. Keep investing the other $0.5M.[/quote] Good luck with that in this market. [/quote]
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