Perhaps the best house is one where you sleep best.
If i had 30 million, and bought a 10 million house, im left with 20 million.
What if the market tanks 60%, i have 8 million and a 10 million house thats worth say half.
Sure, the market will likely rebound, but who knows when. Suddenly im waking up in the middle of the night. The house sucks! Im irritable, groggy.
Bad for sleep
Plan b. Sleep in a 2 million house, with an awesome mattress.
live off 4 perc of 28 million,
1.1 million a year, say 800k after taxes a year, not superrich but definitely conducive to deep sleep.
buy a lot of help with that. truly able to relax in freedom.
No worries! Great for sleep!
Money is only truly wonderful if you slept the night before. Ergo, having a mere 30 million, the 2 million house is far better than the 10 million house.
If you have 150 million, then you can sleep well in a 10 million house.
