That's what I do...Mine's 8500/10K and can run the survival stuff with no problem.
Have to cycle the breakers on the well and hot water tank. Hot tub, dryer, heat pump/electric furnace breakers get turned off. Better than living in the dark.
I have propane heat and hot water so I am lucky on that front. My dryer is electric and so is my stove. We had no problem running the stove with all the other stuff going and we even ran the dry at night when we had everything else off for the night. Had to do it during our 8 day outage because we had a 2 month old little girl who made lots of dirty laundry.
Wife laughed at me for buying the genny and setting up the switch. She said it was the biggest waste of $1000 she had ever seen. We already had a Honda 2000 genny but I had a gut feeling we would need it. Sure enough 6 months later the ice storm hit. Some were without power for 3 weeks. We were lucky and only out 8 days. About day 3 she told me I was a genius after seeing how others were struggling.
One last thing to think about is gen security. I chained mine to the propane deck the first year but the next spring I poured a 3'x5' slab with a rebarb ring in one corner. I got a nice heavy duty bike lock, coated cable type. Generators were getting stolen right and left. I know one lady who was sleeping and she heard the ceiling fan shut off. She woke up and still heard the genny running and she woke her husband. He looked at his watch and said it was 5 am and they would be fine for a few hours till they had to get up for work. When he went out to check why the power went off the genny was gone off the back deck and a POS push mower was sitting in its place running. Pretty smart crooks, figured the sound was about the same and most would not notice till its too late.
Also be careful of genny placement. I seen some idiots with them in the garage, ect. Make sure you have a Carbon Monoxide Detector in your home. I installed 2, one downstairs on the wall near the genny and another in the hall near the bed rooms.
Where I poured my slab I installed 2 hooks on the house 6' apart. They are about 8' up. I have a blue tarp that hooks in each of the hooks then I have 2 tent stakes and 2 bungee cords that I simply drive in the lawn and hook the other end to. Makes a nice shed roof to keep the weather off it.
My "genny kit" contains the genny, fuel that is rotated out every 6 months, tarp, bungee cords, tent stakes, bike lock, and of course the custom cord made up to run from the genny to the large twist lock on the side of the house.
Chris