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Eldercare
Reply to "What are your plans to downsize and move? How do you feel?"
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[quote=Anonymous][quote=Anonymous]For DH and I, our overarching theme we don't want to be living in a more expensive home than what our adult children can afford. Once they are settled, married and starting a family. It would just seem inside-down to us. In comparison to them, we don't want to own in an area of the better commute, the better school district, not when we don't need them. [/quote] This makes no sense unless you are planning to give your kid your better- located home. Otherwise, how does getting rid of it help your child? Couldn't this actually hurt your child, if you move to an area that is more remote, less accessible to amenities, including health care, just to preserve some overarching theme? It could certainly hurt you. I'll also add that my parents have owned 2 houses (not at the same time) in retirement that could be seen as nicer/better located than mine, and I've always been thrilled that we have such a place to visit. Before they retired, they lived in the small town I was raised in, and visiting them there with young kids was not great-- so little to do. So much better to visit them at their other homes, with fun things to do nearby. It's because of this experience that I will try to do what my parents did: live somewhere that my kids want to visit, with enough space to host them.[/quote]
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