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The Importance of Having a Primary Residence
The house that we're living in now is the perfect size for us. It's nicer than where we were before. It has all of the things that were on our list of checkboxes whatever however you want to describe it. So I'm just so happy here so I don't feel any kind of desire to move. Okay well regardless of the logic actually no the logic is obviously important but let's talk about the math. If you have a one million dollar net worth try to have a primary residence equal to about three hundred thousand dollars or less and ultimately have that figure be around 20 percent. You have enough exposure to your primary residence where your long real estate it's large enough as a