Glenn/RZ500
Well-known member
I think it`s been discussed before,.. anyways. I`m getting old, like many members here are, approaching geezer status. Off to see my financial planner next week to go over everything related. I think it is possibly viable for my situation. I`m thinking of living large for my remaining term, I`m 68, of 13 family members, no one got past 81. And health generally declines for all of us. I looked into CHIP and qualify for about 240K, they have several payment plans so amounts can vary as well as residual home value after 10 to 12 years. All my family are gone and beneficiaries are 2 friends, husband/wife who are great people but we don`t often see one another or even talk. My home runs about 725K, I`m lucky to have good total pension income, work and gov`t and decent savings and investments, no debt of any kind too. After 12 years the home runs about 625K to 675K, as it appreciates annually, after repayment there will be a bunch of cash left too. I count my blessings every day, I know how lucky I am, 5 years out from prostate cancer, living thru the debacle of Covid and now dealing with spinal stenosis. I get it that the clock is ticking and have serious fear of regret of not going for it as I age. Like Valentino Rossi said about racing, " What if I had never tried it "? Also too, don`t be the wealthiest guy in the cemetery, and in the end, it `ain`t my problem. What say you, `O wise collective?