Forum Discussion
WeBeFulltimers
Sep 05, 2013Explorer
CKNSLS wrote:WeBeFulltimers wrote:CKNSLS wrote:MeanderMan wrote:
"OK-Where would you go if by some chance your health was bad after 5 years of full timing? Would you have enough funds to buy another house? Or, would you have to SETTLE and rent somewhere?"
We've been full timing for eight years, and I find this statement ridiculous. Why, at an advanced age that takes me off the road, would I want to BUY a home? What, am I going to build equity by living to be 112? And why is renting a condo or townhome with all of the maintenance taken care of SETTLING for less. The last thing I ever intend to do is become another homeowner. I already own one, and it can take me anywhere I want to live.
Some of us (not everyone) wants to leave a legacy of some sort to our children and/or Grandchildren. One sure way not to do this is to sell an appreciating asset and buy one that not only doesn't appreciate, but may even need to be replaced.
Leaving money or real estate is not "leaving a legacy" for a child/grandchild. My memories of my parents and in-laws revolve around the conversations and good times we had together...not what they left me!
You know I completely understand that. Real world-TODAY a college education is now the equivalent of a high school diploma. Right or wrong big business and society do not put much value in a high school education, thus the emphasis on College. And while memories are a great thing-they don't pay for college. Historically real estate has been a sound investment. Selling that investment and buying something on 4 wheels is not going to help your grandchildren.
We have already seen to it that our 3 children received all the education they needed or wanted to include advanced degrees. That prepared them to do the same for their children. We love our 6 grandchildren, but it's not our responsibility to raise them.
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