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Originally Posted by HaHa
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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It was just an example of an extraordinary expense that should be accounted for differently than on going expenses. It skews things. Plus, if I were planning on something like that before I retired... I would not consider it as part of my retirement portfolio that would be used to generate income.
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Planned FIRE Summer 2011
Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.
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