Aug 25, 2024
Houses are non liquid assets. But you have to live somewhere. I’m not financially independent but have no debt, own my house worth about 380K, have a SEP IRA and 401K totaling about 450K. That’s after having nothing after a divorce 8 years ago. Owning two houses for 7 years allowed me be mortgage free on one by selling the other. There is another 170K lying around here somewhere.