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re: Discussion about retirement spending and how much you should save...
Posted on 7/22/15 at 12:17 pm to TheHiddenFlask
Posted on 7/22/15 at 12:17 pm to TheHiddenFlask
Why are you considering equity in a primary residence as "savings" but not a vacation home? If anything, I'd think the second home is more a savings asset type vehicle than a primary residence, no?
Posted on 7/23/15 at 1:21 pm to Y.A. Tittle
Because second homes cost money. They are an extravagance and whatever savings you are doing is probably being offset by the amount you are spending on it.
You don't save your money in paying off boats either.
You don't save your money in paying off boats either.
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