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Originally Posted by Carla B
In response to your question about finances and the suitability of reverse mortgages, etc. , there are numerous "advisors" around The Villages that bombard you with offers of free lunches in order to manage your investments, but financial planners are scarce. I really can't come up with the name of one. Maybe a tax consultant living in The Villages could answer your questions. There is a poster here, Jane_ _ _?, whose husband is a practicing CPA and they themselves relocated from out of state. I bet he would have some good answers. I can find his contact info if you would like.
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Carla, the CPA you are thinking of is Bob Bloom. I have never met him, but he used to post some very helpful information here on TOTV. (I liked his posts. Not only were they useful, but they appeared to be his own writing -- not just links to the words of others.) I am not sure if he still advertises here. But a Google will find him.
I, too, think that the right CPA can be the best advisor when navigating through all the decisions we have to be prepared to make when entering retirement -- and throughout. (I already have a CPA back home, but if I were looking for some big-picture help in TV (beyond just annual tax-filing) I would want to interview Bob Bloom.
To the OP,
I hope you will take your time. I don't think there is any reason to create a sense of urgency for yourself. A lot can change in those 7 years your husband has until retirement -- not only with your lives, but with TV, too.
Of course, if your present location is within a distance that would allow you to use -- or check on -- your TV home on a manageable basis, that would be a plus for buying early......but 7 years could be too far out.
(We bought after retirement and did so because it was the right house at the right time. We were in no hurry. One thing for sure about TV -- there always will be another house and I don't think anyone can be so sure prices will go way up.)
Actually, OP, when it comes to any big financial decision, after doing my homework, I always do one final, most important, test......the test that tells me every time what I need to know........I weigh each potential decision against The Cost of Sleep.
Boomer