Quote:
Originally Posted by graciegirl
We have always looked at our home as an investment that we can enjoy in the present and that will continue to earn money.
We would like to be assured of being able to meet all bills in our lifetime and leave something for our children.
How about you? Do you hope your home will continue to become more valuable, although it may be your last home?
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I don't understand the correlation between meeting all bills in our lifetime and having a house being an investment that earns money.
However, to answer your question, I don't really consider this house we bought in The Villages recently as an investment. I have plenty of those. It would be nice if it appreciated but I certainly am not banking on it. If anything I consider this home purchase as an investment in our retirement well being and health.
When it is all over, the kids get what is left. Financial planners tell me that the absolute best financial planning is to spend your last dollar as they are closing your coffin