This sounds about right. Your home basically pays for assisted living or nursing home.Our house is worth about $1M.
We don't include it our portfolio because it's not liquid.
It's our nest egg for when we get too old to live alone, sell it, and go pay for an assisted living facility.
The impact on our asset portfolio is that the income stream we need is lowered because we have no mortgage.
Statistics: Posted by Mrbogleheads — Tue Nov 19, 2024 7:06 am — Replies 29 — Views 2152