Has anyone here rented after they RE?
I have FI'd, but am still working for a bit, but am thinking of renting - possibly for my entire retirement. I am 54, and would net $400k on my house. It seems when I run the extra $400k in FireCalc for 30 years it would make more sense to buy. But, my family is in central Florida 10 miles off the gulf. Renting a 1 bedroom is around $1700. But buying - well it's FL with all their issues. I figure my current house still costs me $700/month with taxes, insurance, maintenance etc.
Thoughts?
I have FI'd, but am still working for a bit, but am thinking of renting - possibly for my entire retirement. I am 54, and would net $400k on my house. It seems when I run the extra $400k in FireCalc for 30 years it would make more sense to buy. But, my family is in central Florida 10 miles off the gulf. Renting a 1 bedroom is around $1700. But buying - well it's FL with all their issues. I figure my current house still costs me $700/month with taxes, insurance, maintenance etc.
Thoughts?