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Reply to "Retiring on $60k/year"
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[quote=Anonymous]I recently helped a family member in a similar situation find a condo to purchase. It took over a year, getting on the waiting list for multiple low income apartments and condos in 2 different states. There are many nice apartment and condo buildings that have one or 2 low income units. This family member was able to buy a one-bedroom unit in a nice complex (pool and tennis courts) for $95k, with $200/mo HOA. It is a relief knowing they will have a home they can afford on social security. Just something to consider. [/quote]
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