thank you Greg....I am definitely on the fence about this. I do like the feedback....bob
A thought Bob-
You do a RM, you both are in your late 80’s and need nursing home/hospice care for 3 years, that cost will hypothetically run you $300k. If you had a house without an RM that would be the time to tap that equity. If you have an RM you may be screwed.
I truly fail to see where an RM makes sense for 98% of people, and you don’t seem like the 2%. Maybe you just need to adjust your budget to handle a safe withdrawal rate from your nest egg? Just my 2 cents.
