Quote:
Originally Posted by villagetinker
OP, your mortgage appears to be low, but not knowing the amount or length of your proposed mortgage it might be right. We have 15-year 3% mortgage, and it is over twice of your estimate. Also, TV is very low, unless you are streaming everything and even then, it appears to be low.
You completely missed medical, even with Medicare and supplemental figure on $150 to $250 per person per month, not including co-pays. Now if you are figuring on Medicare Advantage plans, your coverage will be limited as the villages health system only accepts 3 or 4 advantage plans and many outside doctors do not accept advantage plans, contact SHINE for unbiased info, SHINE - Home. |
Many thanks, Tinker!
(First, any chance you are the kind soul that helped my father repair an heirloom pepper grinder a few months back?)
I'll be tweaking the mortgage numbers based on the net proceeds from my Wisconsin residence and the gap to bridge to the value of my Villages home. I'm guesstimating $150k and a 30-year fixed, at 6..625%, is $960 per month.
As for medical, it's factored elsewhere...this is a subset budget to keep the roof over my head. In fact, I'm working full time for the first two to four years of Villages residency and have fabulous coverage.