I am about 1 yr from retirement and we have been house hunting. We just sold our home and am looking for the right house to live in until CCRC time. .... low maintenance, 1st floor master berm, etc.
We have found that homes that meet this description are few and pricey.
We have found new construction which we love and great location. But, it is really stretching our budgets. It would mean taking a chunk out of our retirement savings to do it.
Just put down a refundable small deposit. Will also mean carrying a mortgage.
Are we crazy??
I am going back and forth on it and losing some sleep. Will spend the next few days running all the calculators on it. It might mean having to put off retirement for 6mo to a year to handle it.
We have found that homes that meet this description are few and pricey.
We have found new construction which we love and great location. But, it is really stretching our budgets. It would mean taking a chunk out of our retirement savings to do it.
Just put down a refundable small deposit. Will also mean carrying a mortgage.
Are we crazy??
I am going back and forth on it and losing some sleep. Will spend the next few days running all the calculators on it. It might mean having to put off retirement for 6mo to a year to handle it.