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09-06-2023, 02:22 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,885
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Thanked 5,115 Times in 1,959 Posts
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Charles D. Ellis argues that the equity in one's home is akin to a bond, one of the legs of the retirement stool. If necessary in the future the home can be sold and funds used for independent or assisted living costs. Here he is on 'Wealthtrack'.
https://www.youtube.com/watch?v=MrhITGB8EYU
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
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