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Eldercare
Reply to "Reverse mortgage retirement plan?"
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[quote=Anonymous]Social security of 2K or more a month will likely cover real estate taxes and food and utilities. Make sure you have a paid off car and you should be fine. You have 100K now, it will be 200K by the time you need it. You can use it for emergencies if cautious, fun if you have a YOLO outlook, and you could draw another $500 a month for extra spending money. You are fine as long as you don't need the money for another 10+ years. You will be very comfortable if you inherit as planned.[/quote]
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