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Reply to "Anyone transition from big pay/big house/big expense to a low cost, simple, yet fulfilling retirement life?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Before we retired we sold our single family home in the city and bought 2 condos, one at the beach and one in the city. Makes it very easy to close the door and walk away. HOA takes care of everything, packages, gardens, pool, security, maintenance. Our life is so streamlined now, we don't really need a car as we can walk everywhere. One of our kids returned after college and we have plenty of room. We may just lend them $ to purchase something, we made plenty of money sending our house and downsizing.[/quote] Condos are not a good investment. Waste of money.[/quote] Thanks funny, our condo more than tripled in value and has been a profitable rental for us. Your advice is not good, not an investment in a condo.[/quote]
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