Re: Borrowing money during retirement.
Actually, I own my home and a rental property. A home equity loan might be the ticket. I'd eventually like to sell both properties and move to the country but my lovely marriage partner isn't quite ready to make that commitment just yet. We have to stay put for a little while anyway to take care of elderly parents.:P
8)The cabin will be primarily a weekend home. Since I'll be doing a lot of the work myself, most of my building expenses will be for materials.
I, like you, prefer to pay cash for everything. I would rather wait and pay as we go, but in this instance, we want to begin enjoying our retirement ASAP.
As you simplify your life, the laws of the universe will be simpler; solitude will not be solitude, poverty will not be poverty, nor weakness weakness. -- Henry David Thoreau <br />