I live in So Cal. I’m in my mid 40’s divorced with a 10 year old daughter. Never owned a home. Income is 105k a year. Currently 300k in a 401k. Pension lump sum will be around 900k to 1mil. I want to retire in 11 years.
Rent is currently $1050 a month for 2 bedroom apartment.
My aunt and her husband are in there early 70’s own a nice home in Long Beach. She recently told me she’s going to put the house in my name when they pass. And also leave me a bunch of money.
Given the circumstances I’m still considering buying a home in the 500k to 600k range sooner than later and house hacking to cover the mortgage.
But should I not and just wait to inherit the house?
Submitted September 28, 2023 at 11:43AM by UFCFN https://ift.tt/dPtolOF
