We have continued the same spending level in retirement for home maintenance, property taxes and home owners in retirement. Just not principal and interestJeepguy,
4) We calculate after paying off mortgage and 6% real estate fee that we currently have $600k in equity which is our budget for the new home.
Which means you have to pay property tax and insurance for the 600K house. This is not included in your 100K per year estimate.
KlangFool
Statistics: Posted by Jeepguy — Tue Jun 04, 2024 9:04 pm — Replies 33 — Views 2654