A high-earning couple in Manhattan weighing whether to buy a $1.4M condo or keep renting
Maya (34) & Chris (36), New York NY
exampleMarried, no kids yet, planning one in the next two years · $340k/yr household income
They're renting a two-bedroom in Manhattan and debating whether to buy a $1.4M condo before starting a family
Maya & Chris are renting a two-bedroom in Manhattan and debating whether to buy a $1.4M condo before starting a family The real question: Should Maya and Chris buy a $1.4M Manhattan condo now, or keep renting at $4,800/month and invest the difference?
The plan holds$18M
Projected net worth at retirement (2054)
Retirement year
2054
Safe withdrawal / yr
$613k
First shortfall
None projected
Modeled year by year, with the daycare, the mortgage, and every account and tax accounted for, Maya’s plan funds retirement. The safe withdrawal covers their projected spending. The exact answer always depends on the full picture, which is the whole point.
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Get my verdict →An illustrative example household. The numbers are modeled by Rightmont’s engine from these inputs; your real answer depends on your full picture. Educational only, not financial advice.