I will continue to use my current checking account for my day to day living. When it comes time to pay taxes, and the option is available, I will do an automatic payment from my checking account to keep things simpler, and not have to worry about checks getting lost or stolen in the mail. If everything can be done electronically, then I will do it that way. Since the house will be paid for in full, there is no mortgage. I will just have to worry about property insurance and taxes. When my checking account drops below $25,000 – I will add $225,000 to bring it to the maximum $250,000. This will assure that I will aways have the money needed to do my day to day living without stressing over everything monthly.