Familiar issue... Didn't have the presence of mind when designing our home of the past 34 years to put any bedrooms on the main floor, so my dilemma is more costly as it will include a suite-type addition we're currently designing. As the typical advice is to NOT incur debt in retirement, looking for input on the best way to finance the addition, estimating about $200K all-in with new furnishings included.
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Familiar issue... Didn't have the presence of mind when designing our home of the past 34 years to put any bedrooms on the main floor, so my dilemma is more costly as it will include a suite-type addition we're currently designing. As the typical advice is to NOT incur debt in retirement, looking for input on the best way to finance the addition, estimating about $200K all-in with new furnishings included.
Post: Getting Old
Link to comment from April 19, 2023