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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's great to be excited about something in your life at any age. Sounds like you have plenty of resources of anything should change. Enjoy![/quote] Thanks! We are mildly panicking, but moving along. We meet with an architect and contractor later in the week to see if our vision or tweaks of it might be possible. FWIW, we had always talked about an NYC pied-a-terre - even before we lived here - as mentioned in my OP and this could really have that feel. [/quote] It sounds like you're rich, and you have a plan. If you don't mind my asking - why are you soliciting opinions about this on DCUM? I am not asking this to be rude - it's just hard to see how anyone could possibly offer any insight into this other than "sounds great!" or "I don't have enough money for it but if you do, awesome!"[/quote] There have been a slew of posts, especially over the last few weeks, about when to consider downsizing/exploring CCRC settings, etc. Across these threads, folks have suggested 55+ communities, some say "live in your house as long as possible," and some say "don't wait till you burden your children with a crisis." I posted because I am interested in whether people have BTDT, considering something similar, or have positive/negative experiences themselves or with their parents in doing something similar. The positive could run from "we've been so happy" or "we really enjoyed visiting my ILs" to the negative gamut of "took up all their money and were left cash poor" or "they wouldn't leave even though they should have left a long time before." I find most folks who post in this forum to be helpful and insightful and I come here whenever I think I could benefit from their expertise, even if anonymous. [/quote] It's just not really possible for anyone to tell you if it's a mistake. You may have 30 good years left, you may have one. (Hopefully the former!) At 60, with money, you probably have at least 15, right? So what do you want to do with those 15 years? Assuming this apartment has an elevator and you aren't going to be schlepping up and down stairs, what info could anyone possibly give you, other than actuarial data? It sounds awesome to live part of the year in NYC in a fully renovated apartment, and part of the year out west. I hope you enjoy it.[/quote]
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