Talk of The Villages Florida - View Single Post - Do I get my bond value back if I pay if off early?
Thread: Do I get my bond value back if I pay if off early?
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Old 01-12-2021, 11:34 AM
John_W John_W is offline
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I look at it this way, do you think you're going to live 30 years after buying your retirement home in TV. My bond is $1,100 a year or $14,000 when I started in a CYV. So if I die within 13 years I'll come ahead, if I live longer I'll pay more than was needed. I'm just pay the $1,100 and not really think about it.

I have a reverse mortgage, so I'm not worried about heirs inheritance. My wife is 9 years older than me, so we'll probably live about the same life span. Now at age 70, having smoked 3 packs a day for 35 years, I never thought I would live this long.