Join Early Retirement Today
View Poll Results: Percentage of home related expenses to investment portfolio
0-5% 55 83.33%
6-10% 2 3.03%
11-15% 4 6.06%
16-20% 1 1.52%
21-25% 2 3.03%
>25% 0 0%
These poll choices are terrible! None fit me, but I wanted to participate. 2 3.03%
Voters: 66. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Poll: Compare housing/shelter expenses
Old 09-24-2016, 09:55 AM   #1
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 9,381
Poll: Compare housing/shelter expenses

Spinoff from W2R's Compare Value of residence to investment portfolio thread, here's my poll.

THIS IS JUST FOR FUN. If you want something different, feel free to start your own poll.

Criteria for responses:

What is your (annual housing expenses) / investment portfolio.

Again - we're not looking at income sources nor NPV of pensions or rental propeerties.

However, in *my* poll we will include expenses from second (and 3rd and 4th) homes that are used by you.

Renters feel free to participate.

Expenses should include:
Mortgage + interest or rent; home owners insurance (but not umbrella); HOAs; power utilities (but not phone since that's used outside the home); home improvement/repair; property taxes; gardeners and/or housekeepers... In other words any expenses directly tied to living in your home.
__________________

__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-24-2016, 09:59 AM   #2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 43,572
Quote:
Originally Posted by rodi View Post
In other words any expenses directly tied to living in your home.
Do I include expenses for my quarterly pest control treatments? What about the cost of Off! I have to spray myself with before mowing the lawn?
__________________

__________________
Numbers is hard

Although rare, it is possible to read something on this forum you don't agree with and simply move on with your life

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 09-24-2016, 10:01 AM   #3
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 9,381
I would include the pest control treatment... but not the OFF.... but use your own judgement.

I just modified the poll #'s because I figured my own value and it was super low.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 09-24-2016, 10:01 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,401
0.2%

Thank you rodi, this makes me feel much better about deciding to hire a cleaning lady!
Meadbh is offline   Reply With Quote
Old 09-24-2016, 10:02 AM   #5
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 9,381
Ok... I calculated my numbers and "all in" my annual housing expenses are just about 1% of my investment portfolio.

It is 37% of my WR and 18% of our annual spending. (We have rental and SS income on top of our withdrawals.)
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 09-24-2016, 10:07 AM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Sunset's Avatar
 
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 5,505
If you have a landline phone, that should be included as is part of the house expense like cable.
Sunset is offline   Reply With Quote
Old 09-24-2016, 10:12 AM   #7
Thinks s/he gets paid by the post
 
Join Date: Nov 2011
Posts: 2,589
Mortgage will distort the result as it can be a large number, much of which merely reflects increasing investment in real estate. It's akin to moving cash from your bank to a VG real estate fund and calling that an expense.
GrayHare is online now   Reply With Quote
Old 09-24-2016, 10:14 AM   #8
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 40,278
Between 0% and 1%.... specifically 0.7%.

No mortgage, no second home. Expensive insurance, lawn guy. 18% of my WR.

And yes, Meadbh, you were right to hire a cleaning lady!
W2R is offline   Reply With Quote
Old 09-24-2016, 10:22 AM   #9
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 9,381
Quote:
Originally Posted by Sunset View Post
If you have a landline phone, that should be included as is part of the house expense like cable.
I agree... My percentage remains the same because we have super cheapo magic jack for our landline.

I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 09-24-2016, 10:25 AM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,401
Quote:
Originally Posted by rodi View Post
I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
Which is why I posted my poll on debt ratios.

Poll: what is your debt to total asset ratio?
Meadbh is offline   Reply With Quote
Old 09-24-2016, 10:33 AM   #11
Thinks s/he gets paid by the post
 
Join Date: Nov 2011
Posts: 2,589
Quote:
Originally Posted by rodi View Post
I also agree that mortgages will distort things. Just as in W2R's poll... I could borrow against my house (decreasing equity) to increase my investment portfolio...
For the crowd here such borrowing will not increase investment much, not as much as including the principal portion of a mortgage payment distorts expenses.
GrayHare is online now   Reply With Quote
Old 09-24-2016, 10:37 AM   #12
Recycles dryer sheets
 
Join Date: Aug 2013
Posts: 275
0.46% based on OP instructions. No mortgage and I do pay for monthly landscaping. ~22% of yearly WR.
bradaz2488 is offline   Reply With Quote
Old 09-24-2016, 10:52 AM   #13
Recycles dryer sheets
 
Join Date: May 2011
Location: Austin
Posts: 256
I am not sure whether people here factor in their big repair. For the 8 years I live in my current house, I had 2 of those. This year, I need to pay around $5K to get roof replaced, even though I bought my house new.

Properties tax is a biggie for me at 2.5%. I assume all others will be around 1.5%. Based on my house is 20% of my investment (from the other poll), my expense should be about 0.8% of that.

I think most people will be in 0-5% in this poll.
HillCountry is offline   Reply With Quote
Old 09-24-2016, 12:38 PM   #14
Full time employment: Posting here.
Taxman59's Avatar
 
Join Date: Sep 2014
Posts: 520
My housing expenses run about 29% of my annual expenses and 1.5% of investment assets. The mortgage is the bulk of it, and I included the extra monthly payment I make in the expenses and the mortgage will be paid off in 4 years which will drop the % to about .75% of assets.


Sent from my iPad using Early Retirement Forum
Taxman59 is offline   Reply With Quote
Old 09-24-2016, 01:05 PM   #15
Full time employment: Posting here.
 
Join Date: Jul 2011
Posts: 722
Still have a mortgage - I'm at about 2.4%.
panacea is offline   Reply With Quote
Old 09-24-2016, 02:27 PM   #16
Moderator
rodi's Avatar
 
Join Date: Apr 2012
Location: San Diego
Posts: 9,381
Quote:
Originally Posted by HillCountry View Post
I am not sure whether people here factor in their big repair. For the 8 years I live in my current house, I had 2 of those. This year, I need to pay around $5K to get roof replaced, even though I bought my house new.
I did. I put $8k/year for home repair and upgrades. We've been upgrading of late. New master bath last year, new carpet and a few more windows this year. Fortunately, for the windows and bathroom DH is the labor.... Saves us big bucks.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 7%, rental income 18%
rodi is offline   Reply With Quote
Old 09-24-2016, 03:33 PM   #17
Recycles dryer sheets
 
Join Date: Feb 2013
Location: San Jose
Posts: 190
Should the bins be divided by 10 to break up that top bar? Mine would be 0-0.5%.
dunkelblau is offline   Reply With Quote
Old 09-24-2016, 03:49 PM   #18
Recycles dryer sheets
 
Join Date: Mar 2011
Location: Dallas
Posts: 488
All in, maybe, .6%. Property tax hits us for 2.3%...��

Take out that and, .2%...or less.

No mortgage.
Surewhitey is offline   Reply With Quote
Old 09-24-2016, 03:55 PM   #19
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,977
I'm polled out. My brain is fried.
__________________
......."Everybody has a plan until they get punched in the face." -- philosopher Mike Tyson.
aja8888 is offline   Reply With Quote
Old 09-24-2016, 04:18 PM   #20
gone traveling
 
Join Date: Sep 2013
Posts: 1,248
0.0...0.1
0.1...0.2
0.2...0.3

Would show us better numbers. So for me it is 0.2% with taxes, repairs, insurance and non existent mortgage
__________________

eta2020 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Poll: Compare value of your residence to investment portfolio W2R FIRE and Money 185 10-07-2016 05:11 AM
House: shelter or piggy-bank ScooterGuy Other topics 11 12-24-2007 12:20 PM
House as shelter ScooterGuy Other topics 28 09-30-2007 10:14 PM

 

 
All times are GMT -6. The time now is 06:05 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.