Quote:
Originally Posted by Bill14564
Who is paying $30,000/year for a bond payment? It is typically more like $1,500/year.
Who is asking for advice? The OP asked for opinions on whether it is possible. The numbers make it look like it is possible. Desirable? Maybe not, but possible.
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They were asking for advice as to whether they could live here on SS benefits alone. Semantics.
Some are paying on a $30,000. bond every year. Again semantics. With your breakout of $1500. once a year doesn't make the budge look any better. Squeaking by isn't fun, in fact, it could probably affect their health if things get too tight.