Actually, 200k might be better depending on your age. Rental
tenants, you need to do homework, etc, etc to check. But 200k at an
age of 60, it is equivalent to 2k a month for 8yrs 4 mths. Put it
in fixed D, it could probably last a bit longer.
If you put it into a GLC corporate bond or SGS bond at 3% coupon
yield, you could still get an average of $500 a month.
Plus you get the advantage of it being liquid...
So it really depends on the person's lifestyle.
I think rent out better because say after you rent out 10 years,
you earn 10 years of rental money and the prices will have
increased by than you downgrade can earn more money
