(04-09-2019, 01:15 PM)Kaan Wrote: I think we want to still "own" home base... without a payment (outside of taxes). I call it home base, because we want to travel as much as we can while we can (even in retirement) but its got to hold most of our normal stuff... single level, smaller (under 1500 sqft), etc.
Our plan is to downsize dramatically and live with only stuff we'd be willing to move around. My dad was renting houses six months at a time in retirement and just moving with the seasons. I'd like to adapt that and move to a new country/city every 2-3 years.
Owning a house could be a nice safety net, but I definitely don't want to have one as a place to keep my things. If we did own, we'd very likely rent it out.
All that said, are you factoring in excess equity after you downsize? I gotta think by then you've got at least six figures in excess, if not more.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth