Quote:
Originally Posted by vintageogauge
Wherever you move to the homes will most likely appreciate over that 8 year period also.
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Not if we buy soon at 2025/2026 prices. Or if I say screw it and move back to my place in MN full time.
AND I'm gambling that homes in other places/states aren't going to appreciate like homes in The Villages/Middleton. Even if they do, cutting my tax rate by 80% is helpful. And lastly we paid mostly cash for this home and it will easily be paid off when we sell it (take the appreciation and run).
I have back up plans to my back up plans. My last resort plan (which is my wife's last resort plan and my dream) would be to move to my remote land in MN. Till up the 1 acre garden. Grow a years worth of veggies. Shoot a few deer and a bear for the freezer as well as fish and birds. Cut 10-11 cords of wood per year to heat the house and live peacefully away from society smiling comfortably until my last day.
Some of these people's statements in here about 3 million minimum or 5 million are so unrealistic. Obviously they have an unrealistic idea of wants vs needs.