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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI - 400k (two fed lawyers) NW - 5 million not including TSP or home equity of around 2 million House cost 1.2 million and we put about 500k into it, now paid off. [/quote] Why such a cheap house with your net worth & HHI? [/quote] We have similar stats as the original poster. Our house is maybe 950k. No desire for bigger grander house. If we didn’t love area and our mortgage rate wasn’t microscopic, we’d actually look to downsize into less expensive house. [/quote] And how do you find a cheaper a house than 950K in this area? In Bethesda 950k is a small house on an extremely busy road with a small plot. https://www.redfin.com/MD/Bethesda/9504-Old-Georgetown-Rd-20814/home/10659902 And also who wants to retire to a dump? My wife is like maybe a place in a Rehoboth type place. My Brothers FIL and MIL he was a cheapskate retired young at 52 as he had 30 years in a Union pension plan and saved a lot. He bought in the cheapest area of Florida in dead central Florida. It was a living Hell to live there. He lasted 30 years. Then at age of 82 him and his 79 year old wife re-retired to a nicer part of Florida closer to Beach. Who wants a dump in retirement. [/quote]
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