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Money and Finances
Reply to "Can I refinance?"
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[quote=Anonymous]I would downsize the house, but for mostly non-financial reasons. It's just easier to downsize in your sixties than it is to do it later in life. My mom is in her mid-seventies and just moved into senior housing. She's in great shape - very active, healthy as a horse, travels all the time - and even then, the transition was really hard on her. Sooner or later we're also going to have to move her to a place closer to us and at that point it will be too late for her to establish roots in her new community. That's when she'll need those kinds of connections the most too. So, in your shoes my thinking would be focused on the question of aging and whether or not you can age where you are now. Assuming you don't want the care and upkeep of a large, expensive home as you age, I would be looking for a home that could accommodate a much older, much less healthy you in a location where you would have easy access to services and family. [/quote]
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