do you consider a house retirement savings? we will downsize in 25 years, and sell our house for a condo. we just bought so i assume we will make at least 500K in this. can we assume...
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this is 500K of retirement savings if we will fully own the house by thtat time? i am posting this b/c there were all these posts of people having 100Ks of retirement savings in their thirties. we have 60K in 401Ks, but own 60% of our house and will have paid off the 40% when we sell to downsize.
posted March 9th, 2010 at 3:31pm in
Toddler
9 Replies (log in or sign up to post a comment)
- Im sure counting my house... abut I bet others are not 3-9-2010 3:31pm
- we are hopibng to count our house too, 3-9-2010 3:32pm
- No 3-9-2010 3:32pm
- I do, but that's because we have a 2 family house that we're using as a 1 family. DC will either have to move out or start paying rent. 3-9-2010 3:32pm
- op- i feel like our 60K in 401K is nothing now after that post. i try to tell myself only people with thigns to brag about respond to those poll type questions 3-9-2010 3:35pm
- Eh, thats where I am too. I was just looking at real estate on the Dominican Republic for retirement.... its cheap!! 3-9-2010 3:37pm
- do you have college savings? we have 1 year old, no college savings yet 3-9-2010 3:39pm
- nope:) My Dad promises to help a little. What can I do- Im a single mom, no dh- but we are really happy anyway 3-9-2010 3:43pm
- being happy is what is most important. i need to learn to ignore these crazy polls!! the responses are out of touch with the reality for most americans 3-9-2010 3:46pm