Seriously, would it not be better to cash out and rent a place?
greg I don't need to do that.....bob
I understand this. I’m a numbers type guy, and was trying to give you another option to consider. To me, a reverse mortgage removes too many variables from my control. There are just too many variables in the future you aren’t able to accurately predict.
How long will you live? How will your health be? Will you value the same things ten years from now you value today?
Again, I’m a numbers oriented guy. I’d love to travel to Africa, but I just can’t justify the cost in my mind. I’m likely missing out on something great, but that’s just how I’m wired. I’d prefer to die with money lleft rather than become broke and homeless with five or tens years left.
