Forum Discussion
R12RTee
Feb 23, 2014Explorer
Bumpyroad wrote:I don't get this thinking at all. I sold my house and if and when I decide to no longer live in an RV there are plenty of places for rent. I have no intention of doing all the upkeep on a house when I am old. I have enough capital from savings, investments, pension, SS and the house sale to buy a home but I would never want to.Flanz wrote:Bumpyroad wrote:
that's why I caution people about selling their homes. nothing to fall back on.
bumpy
There's nothing wrong with selling the home as long as you take all or a good amount of the proceeds and put them away in a safe account. Then when your ready to come off the road you will have a good chunk of cash to use for your next home.
-paul
today that might be OK if you can find an insured guaranteed investment, but previously if you sold your house and full timed for some years, you wouldn't be able to afford to buy your house back.
bumpy
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