For many buyers and investors, $500,000 is a benchmark budget. But in today’s housing market, that number doesn’t stretch the same way everywhere – and the trade-offs reveal a lot…
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500K
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“Our annual income is $140,000. We are both on Medicare.”
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Stocks
I put my $500K inheritance into a joint account with my husband. Can I leave half of it to my son from a previous marriage?
“If I predecease my husband, my will states that my son will receive half of this account.”