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Reply to "Your spouse’s net worth is not yours!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Because shared expenses is cheaper than single expenses, and when calculating for retirement, we use combined net worth.[/quote] 2 $500K townhouses are not more expensive than 1$1.5M house so not necessarily [/quote] ? running two houses is way more expensive than running one house. -signed a former two house owner[/quote] +1 Look at it as, you live together in a 800K home. It's not that easy to find a 400K home/TH in the same neighborhood, so your kids can continue to attend the same school. And ideally both parents need to live near each other, so kids can easily get to school daily (if they alternate who they live with weekly). And even if you do, the expenses are still higher for 2, 400K homes versus one 800K [/quote] There is no need to stay in the same neighborhood [/quote] If you have kids in school, you may choose to ease the transition to a 2 household family by keeping them in the same schools with all their friends. That means at least one parent home needs to be in the same school zone And for parents who do 1 week on/1 week at other parent, it helps if they are not too far apart. [/quote]
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