Impossible to answer unless one knows your life style, bills other than mortgage,
is the 50Ksalary, guaranteed income? or variable, how many years until you retire-if not already, whether you plan to live here or near here should you require assisted living , would you have access to other incomes, what type of house/CYV you would want, how many cars you would have, etc. etc. etc. Too little information. I can think of some who might be able to live on that amount, and them some who would feel stiffled. Depends on your life
|