I think I can do renovations now at 120k to 150k+ but appreciate a second set of eyes.
Portfolio 2.5m
Primary residence 500k
Saved 130k - 150k per year but not this year. This year saving is likely zero. (Will still fully fund 401k etc but will be selling some taxable)
Typical annual spending ex tax 50k
Originally I plan to start renovation after I reach 5m liquid but I found a contractor (highly recommended from friend group) and he can start in 2 months.
Portfolio 2.5m
Primary residence 500k
Saved 130k - 150k per year but not this year. This year saving is likely zero. (Will still fully fund 401k etc but will be selling some taxable)
Typical annual spending ex tax 50k
Originally I plan to start renovation after I reach 5m liquid but I found a contractor (highly recommended from friend group) and he can start in 2 months.
Statistics: Posted by Coco nuts — Sun Jul 14, 2024 4:59 pm — Replies 6 — Views 535