Has anyone taken the home equity from their expensive big city real estate and used it to retire early to a smaller, lower-cost of living town? What are your experiences? Did you like it or regret it?
I am 39. If I took my NYC home equity plus savings I could retire to a smaller town fairly easily. However, I really like NYC and the culture it offers. My job is both stressful and boring, but pays in the upper hundreds. It is not likely I could replicate that income in a new position if I quit and then wanted to change my mind.
Any experiences of a similar situation?
I am 39. If I took my NYC home equity plus savings I could retire to a smaller town fairly easily. However, I really like NYC and the culture it offers. My job is both stressful and boring, but pays in the upper hundreds. It is not likely I could replicate that income in a new position if I quit and then wanted to change my mind.
Any experiences of a similar situation?