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Reply to "Florida more expensive than Great Falls? I don't know how anyone plans to retire there"
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[quote=Anonymous]Let’s say I want to stop working and retire. I won’t have income anymore. So do I buy a $2 million home in Florida, save the extra $1 million from selling my Great Falls home, and just plan to slowly spend it down on property taxes, HOA fees, and insurance until I die? That’s what it’s starting to look like, and honestly, it doesn’t make much sense. I was hoping to buy a home outright and have minimal carrying costs in retirement. But between the rising HOAs and increasingly expensive insurance, Florida isn’t looking as affordable or stable for retirement as it used to be.[/quote]
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