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[quote=Anonymous]I house is just a house. A big one or a small one are both going to have kitchens, beds, garages, bathrooms, everything you could want. That being said, do not use this forum for advice on retirement. People here are spending 4K on water heaters.... That's like saying a $10 cup of coffee is normal.

With 750K saved up, putting that into a properly proportioned index fund will give you over 80k a year in interest alone on average. IF you decided to mortgage, the interest alone from this would not only pay the payments, it would still give you an extra 40k a year just from the interest... and you can pay it off whenever you want.
90k a year....

I would still get a cheaper home. What's an extra $300k going to get you? A pool that you might swim in a couple weeks out of the year? If you bought a house outright for $450k, You could go to the local pool every day for the entire year, eat the restaurant food every day, and still not deplete the interest that 300k would make, and on top of that still spend a few weeks at tropical beach resort, all expenses paid, and still not deplete that same interest...
over 70k a year with a house paid off...

This is more than enough to retire on. If I was in your situation, with a small child, I would buy a nice small sized condo.... then never live in it and travel the world with my child, homeschooling him/her as we moved about. That would be an education more valuable than most of what the school system offers now.

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