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Eldercare
Reply to "Retire where you live or "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I wouldn't move close to kids until I knew they were well enough along in their careers and likely to stay put. One of my mother's friend moved to be near her daughter and SIL. SIL lost his job, then struggled because daughter refused to move. A mess. Many older people can't afford to get out of the big house, because while upkeep is expensive, it is a slow bleed of expense, vs buying something smaller, generally in not as desirable area/neighborhood, for as much or more. [/quote] [b]But wouldn't selling a larger house in a more desirable neighborhood be likely to net you more (not less) than enough money to buy a smaller house in a less desirable one?[/b][/quote] Yes, but who has a goal of living in a less desirable neighborhood? Generally, your friends are in a certain area. To can't just move one or even two neighborhoods away in order to get the math to work. And the answer is in regards to the original question of preferences. [/quote]
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