trirod
Recycles dryer sheets
- Joined
- Jun 21, 2007
- Messages
- 148
Just looking for feedback from people who have been there and whether you ever regretted the decision? I am FI now and plan to retire within the next 18 months. I will move on retirement to an area that is a little bit more expensive than where I am now but not horrendously more. The problem is I am really getting pretty interested in some waterfront property which is way more expensive than my current house (like 3 times the price). In theory the numbers still work with such a purchase but I will have a lot less slack in my budget.
So my options are:
1) Forget about buying waterfront property and just get a nice regular house and have plenty of cushion during retirement
2) Buy my dream house but be more careful about spending and know there is always a chance I would have to go back to work if things don't go as planned
3) Work another year or so to get some more cushion and buy the dream house
Obviously this is only a decision I can make, but I was just curious if anybody out there had made a trade-off between buying a house they really loved and having more day-to-day spending available, and how that decision had worked out?
So my options are:
1) Forget about buying waterfront property and just get a nice regular house and have plenty of cushion during retirement
2) Buy my dream house but be more careful about spending and know there is always a chance I would have to go back to work if things don't go as planned
3) Work another year or so to get some more cushion and buy the dream house
Obviously this is only a decision I can make, but I was just curious if anybody out there had made a trade-off between buying a house they really loved and having more day-to-day spending available, and how that decision had worked out?