Jade Warshaw
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My wife wants to move to a one-story, but it is almost $800,000, which currently has a mortgage of about $4,500 a month, which is currently 25% of our current income, which I think is okay.
But I plan on retiring officially because, I mean, between deployments, I mean, you name it, overseas, PTSD and everything else, I really wanted to retire and start focusing on my family, my grandkids in the next 15 years.
15 years, okay.
So just people getting cut daily.
I'm afraid that if we make this purchase that she really wants to make that we can afford right now, that if anything happens, uh,
It's going to ruin us.
She grew up with a lot of great things.
I grew up poor, so I know what it's like and I can deal with it, but I know it's going to tear us apart.
And I don't know if I should do this.
No, so what I'm saying is that it wouldn't be impossible.
I could find another job.
So the issue is that the house that we live in right now, we only owe $130,000.
That's what we have set aside for retirement.
Over $324,000 is the exact number.
The house that we live in now, the plan that we were looking at, and I'm sure a lot of people want to tell you this, is that my current mortgage is only $1,100 a month.
Love that for you.
But with the current market, I could easily rent it out for twice that and allow that renter to pay for it itself.
Well, I just focus on the new house, which I don't know is a good idea.
Yes, we have about $100,000 just sitting between our savings accounts.