Les
👤 SpeakerAppearances Over Time
Podcast Appearances
My groceries are about 200.
And so, uh, yeah, that's it.
No, I did open up a credit card last year, and then I found you guys a month later and closed it.
Yes, I have about 2.5 saved.
The only thing is that's earmarked for a car right now.
I work for a company, and we get company vehicles, so that comes out of my check.
So I'm saving that 2.5 to just get another car right now.
Right.
What a pleasure to speak with you.
My question is, is there any rule of thumb or percentage of how much of our assets we could have tied up in our home versus cash?
Our current situation is I'm 72.
My wife is 69.
We still have income from our business of $300,000.
But that will slowly curtail as we enter more of a semi-retirement mode.
But we're currently $2.5 million net worth, $2 million cash, half a million in the home.
We were looking at a potential purchase or upgrading or wouldn't this be nice in a home.
We're a little bit spoiled.
We've had two occasions where we've lived on the water on a lake.