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Originally Posted by chinaco
I believe planned extraordinary expenses should be pulled out and not factored in. For example: I am getting ready to retire and the Year I retire I am going to rehab the house at a cost of $300k and Buy $60k worth of furniture.
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Even amortized over your lifetime this is quite an expense. Are you sure your house will not just swallow up the $300,000 of rehab?
Ha
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