My partner and I (ages 82 & 85) have been discussing moving into a CCRC about 500 miles from home, to be closer to our children for all the reasons stated and more. For now, we're in fine shape financially, own our home free and clear, have low property taxes, and (assuming we don't sell) could rent the house to help cover expenses later if needed. I am veryconcerned about many things: The effect the current administration will have on the stock market, the toll tariffs and greater unemployment may take, the private equity firms that are buying CCRCs and running them into the ground, not to mention where the employees who support those communities will come from in the future. There's no denying that many of the low paid positions have been occupied by immigrants and they are being either driven or kept out of our country. Am I too pessimistic?
Jonathan, I can't tell you how much your wisdom will be missed. I've shared many of your commentaries with my spouse, my children and friends when I thought they would benefit from your words. You have helped many of us see the world of finance differently, or more clearly; and now - our mortality. I hope I can face my own end half as gracefully as you are facing yours. Thank you for all you've given us.
Comments
My partner and I (ages 82 & 85) have been discussing moving into a CCRC about 500 miles from home, to be closer to our children for all the reasons stated and more. For now, we're in fine shape financially, own our home free and clear, have low property taxes, and (assuming we don't sell) could rent the house to help cover expenses later if needed. I am very concerned about many things: The effect the current administration will have on the stock market, the toll tariffs and greater unemployment may take, the private equity firms that are buying CCRCs and running them into the ground, not to mention where the employees who support those communities will come from in the future. There's no denying that many of the low paid positions have been occupied by immigrants and they are being either driven or kept out of our country. Am I too pessimistic?
Post: How to minimize the caregiving burden on our adult children when we need help?
Link to comment from August 3, 2025
Jonathan, I can't tell you how much your wisdom will be missed. I've shared many of your commentaries with my spouse, my children and friends when I thought they would benefit from your words. You have helped many of us see the world of finance differently, or more clearly; and now - our mortality. I hope I can face my own end half as gracefully as you are facing yours. Thank you for all you've given us.
Post: Model Behavior
Link to comment from December 21, 2024