Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 06-04-2008, 10:49 PM   #21
Thinks s/he gets paid by the post
 
Join Date: Oct 2006
Posts: 3,811
I think I would look into gov't subsidized housing first. I believe the rules are that your income needs to be less than 80% of the median, and your rent will be 30% of your income.

Most of these units are in buildings that are entirely older people. So you still have some possibilities for socializing.
__________________

__________________
Independent is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-04-2008, 11:46 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,380
Quote:
Originally Posted by Independent View Post
Most of these units are in buildings that are entirely older people. So you still have some possibilities for socializing.
Unless of course you prefer las jovenes.

ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Old 06-05-2008, 12:53 AM   #23
Full time employment: Posting here.
old woman's Avatar
 
Join Date: Dec 2005
Posts: 551
My mom, brother and SIL are going to be sharing a house starting this summer or fall.
They are buying a house with three bedrooms and a bath upstairs, 2 bedrooms and 2 baths downstairs and a living room and family room and kitchen. Mom will get the two downstairs bedrooms, one bath and the living room and have her own coffee pot in the kitchen. Brother and SIL will have a business in the garage and are setting up mom with Yahoo messenger so she can invite them for tea. They will share meals or mom will go out she doesn't cook. Mom will pay her share of the housekeeper and buy some of the food.
Mom is looking forward to it, she is 81 and very lonely. My brother retired last year at 57 and has been married to his wife 40 years. His wife came up with the idea and everyone respects each other so with the kitchen being the only shared room they won't go in each other's space without being invited. Mom can have her boyfriend sleep over and have people in to play cards without interfering in their life. They aren't charging her rent or utilities so she will sell her house to their son on contract. She will collect from him and stop paying property taxes, insurance and utilities so save about $500 plus get a check for life.
__________________
old woman is offline   Reply With Quote
Old 06-05-2008, 07:50 AM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,030
Quote:
Originally Posted by old woman View Post
. Mom can have her boyfriend sleep over

At 81 as Wags would say GOD BLESS !
__________________
Moemg is offline   Reply With Quote
Old 06-05-2008, 09:26 AM   #25
Thinks s/he gets paid by the post
happy2bretired's Avatar
 
Join Date: Mar 2007
Location: Nebraska
Posts: 1,337
Remember the TV show The Golden Girls? That would be a nice arrangement. I don't know what their financial arrangement was but they did appear to live in a nice house and really had a good social network going for them.
__________________
happy2bretired is offline   Reply With Quote
Old 06-05-2008, 10:38 AM   #26
Full time employment: Posting here.
 
Join Date: Apr 2006
Posts: 944
Quote:
Originally Posted by happy2bretired View Post
Remember the TV show The Golden Girls? That would be a nice arrangement. I don't know what their financial arrangement was but they did appear to live in a nice house and really had a good social network going for them.
I don't know - living with Maude might be a challenge..:ang el:
__________________
Freed at 49. You only live once - live it
Donzo is offline   Reply With Quote
Old 06-05-2008, 02:49 PM   #27
Thinks s/he gets paid by the post
 
Join Date: Apr 2007
Posts: 1,304
Sounds like a rational solution, but we Americans can't even ween ourselves off of our gas guzzlers ... (check out the morning commute and see how many 1 guy in a car are tooling along the expressway to their downtown or suburban j*bs).

IMO, our culture is one of independent indulgers. I doubt that this solution would work for even 1 month. This would be a great reality show scenario. 4 independent 'boomer roomies' at each others throats.
__________________

__________________
Life is GREAT!
megacorp-firee is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Beautiful Blond lobbiest. newguy88 Other topics 10 02-25-2008 08:52 PM
Retiree college student (or: the grey wolf) pedorrero Life after FIRE 4 01-31-2008 10:54 AM
Grey hair: men=hot women=old??????? Orchidflower Life after FIRE 88 08-13-2007 02:22 PM
For those that dream of sailing around the world... teejayevans Life after FIRE 16 01-31-2007 01:54 PM
Sailing and Cruising Skylark Life after FIRE 0 02-20-2004 01:52 PM

 

 
All times are GMT -6. The time now is 11:34 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.