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RE: Early Retirement Extreme Update: On track to quit work this August, and fully retire by 2022....
I've been wondering whether to sell the house and put the money into my pension fund and rent instead from the income generated.
Personally, I think rent is money down the drain. Keep the house!
I'm not so sure about that. There's a lot of upkeep and maintenance on a house. I'm wondering whether it would be better to have a more flexible asset, rather than money tied up in a property.
Well ATM I think property's at a peak (in the UK at least) so you might be better off with other investments.
Having paid £1000s every year for rent /mortgage I just look forward to having a paid off property and my biggest outgoing down to 0 - bar the roof, nothing's that expenisve surely?
Also I like the whole security/ homely thing - probably 'cos I'm a Cancerian.
Of course what you really want is a few acres of land!