Here's the deal...
You now get $3500 a month at a minimum for the rest of your life and have to choose a place to live. Would you rather:
A. Buy an amazing, modern home (pic related) on a mountaintop with several acres for ultimate privacy and amazing views. Also has access to high speed internet. After all your bills and living expenses you will only have $800 left a month for entertainment.
Here's more of the home, http://www.honomobo.com/ho4-2/
B. Buy a far cheaper, typical suburban home. Nothing in particular interesting about the home, neighbors all around you. However, after all your bills and living expenses you will have $1400 left a month for entertainment.
Is it worth spending the extra $600 to have option A, or would you rather have option B and the extra $600 to spend? Why did you choose your option?
Interior. Also video:
https://www.youtube.com/watch?v=cz_d1mprtlI
I live on >€8k a year now so 800 a month for fun things seems luxurious and decadent to me.
I also don't care much for people so I chose the former.
$9600 vs $16800 in spending cash every year.
That IS a big difference...
I'd be a transient if I made that much.
>>1002893
Clearly A is the only option, although I would prefer a cabin near water over a modern home on mountains.
>>1002893
oh my they actually build it out of container, thought they just stole look with some sheet metal casing, which would be smarter and cheaper
>>1002925
Kill yourself you filthy Jew
>>1002982
It's a hypothetical question. I don't want that much money, but that's what I would do if you gave it to me for free.
>>1002893
Option C.
Earn $6k a month.
Already buy house on lot in glorious PNW.
15% to retirment.
All else to mortgage(only debt) payed off in 2020 by current buget.
Then stack retirement/investments like crazy till aprox $2k/monthly passive.
"Retire" from regular work at that time, sooner if I find a way to keep funding investments with a part time business.
Basically working my ass off toward financial independence while also trying to make my own money and get out from having a boss if I can. Priority now is pay of muh 40 acres before I worry to much about breaking away from the boss.
30btw. Wish I had these goals at 20...I'd have had this place paid off at 27 and be 6 years closer to financial freedom....
>>1003034
Cool story bro. But there wasn't an option C. I already fully retired at 35, which is why I asked the question in the first place, so your option C doesn't help me at all.
>>1002893
I already live in a house in rhe mountains option a just give me a nicer house and more money so fuck yeah
>>1003059
There's always option c...if you just go back to work you can pay off that modern woods cabin in like 4 years and keep all the passive income. That's not worth it to you really?
>>1003059
I mean seriously. At 35 why would you get into 30yr debt if you're able body and could just pay it of quickly? I guess I just don't get it. Like what are you going to do for the next 40yrs? Have $1k+/-200 a month to live on and sleep in? I want to be my own boss buy even if won the lottery I'm not sure I could be fully retired at 35. I just enjoy doing stuff to much...might as well get paid to do the stuff.
>>1003072
Just imagine. Epic woods modern house and $3k monthly play money....I can and am putting in way more the half a decade for that. I still take vacations and do shit. Not like I'm not also living but I guess I also enjoy what I do so I don't get that Monday dread.
>>1002893
Option A all the way, that's all I would ever want in life and I can only dream of being blessed with that situation
>>1002893
I just want the acreage desu, keep your homohobo house
>>1003168
Honomobo is sexy tho.
>>1002893
That would be a dream. Of course I would choose the forest. I currently live off 800 $ (€), but the rent is only 300 € and I live in a forest. The internet is pretty shitty unfortunately.
You don't need a lot of money for "entertainment", I managed to build a 4K rig and a secondary computer. You just need to focus priorities. I don't have a reallife and walk distances like 30km.
>>1002893
You bet your ass I'm taking the mountaintop home. A place like that is EASILY worth an extra $600/month, and in a place like that, most of your entertainment is going to be cheap/free anyways, so $800/month will be plenty.
>>1002893
A you fucking moron. A
>>1002893
$800 a month is a ton for just entertainment.
More than enough, I'd pick that easy.
>>1002893
acreage can be used to make a profit and has significant tax write offs if used agriculturally.
if you worked the land for a few years and developed it, you could eventually afford both A and B.
>>1002893
That's $100 less than I make in a year. I seriously wouldn't even know where to begin with $42,000 a year.
>>1006004
Won't be doing any farming on top of a mountain. Pic related, the land looks similar.
>>1002982
Thats more than enough money to travel with. Why wouldnt you?
>>1006465
not that guy, but hydroponic farming is pretty cheap and easy to set up