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Reply to "Boomers can’t downsize "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents sold their 4/3.5 house in the DC suburbs, and moved to SC. My mom says she “downsized” because she now has 3/3.5, but after all the “must have” upgrades, she only saved about $40k in purchase price. In rural SC. It blows my mind.[/quote] This. All the places that used to be cheap are not. In fact, they’re relatively expensive when you account for the things you lose by leaving a big city. I was willing to move to places I don’t even like that much for low COL and good weather. Similar COL? What’s the point? [/quote] +1 Not a boomer, but I feel bad for the OP and posters like this. Now they have to come up with a different retirement plan, and moving might not even make sense anymore. [/quote]
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