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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (43575)	12/8/2008 7:02:07 AM
From: abuelita	Read Replies (1) \| Respond to of 219924

he should have checked with us first, eh? we would have told him how to go about it. have been in mexico since november 8th. two months to go. ahhhhh. retirement is good. :)

To: elmatador who wrote (43575)	12/8/2008 8:45:48 AM
From: Snowshoe	Respond to of 219924

>>Why he and his wife needed a 5-bedroom house for?<< It's common with upper middle class retirees. They take out loans to buy nice big retirement homes in the Sun Belt, expecting to pay the mortgage out of their IRA distributions. The extra bedrooms are used for an office, craft room, exercise room, visiting relatives, etc. They think they're almost as rich as Croesus, and then the hammer falls in the form of financial and health problems. I've watched this scenario play out several times with family and friends.