Long story short (pm for more details if you can offer advice), I inherited a house outright, no mortgage. My car is paid off, although I have 50k in student loans. Home is worth 300-350k. My spouse and I are sick of the working grind, and are planning on living out of our Prius and traveling the US. Budgeting our monthly needs projects a need for 1,000$ per month. We are considering selling our house and furniture and, after paying off all debts, investing the remainder into stocks, etfs, and index funds aiming at 1k dividend income monthly. After all debts are paid we would likely have around 250k to invest. Does anyone have any suggestions or insights? We are in our early 30s and intend on traveling for the foreseeable future. If we ever decide to buy a house, we would have the principal invested to buy outright. Any ideas?
Submitted October 23, 2018 at 12:02PM by protegomyeggo https://ift.tt/2NYkar9
