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have jobs, wife works from home office for a corporation. my

Posted on: July 26, 2017 at 09:48:51 CT

90Tiger STL

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M.O.B. Votes:

job is local. moving out of state is just what we want to do when we retire.

renting for 10-12 years to me doesn't seem prudent, not building equity in a property, no mortgage interest to deduct, etc.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

Downsizing prior to retirement....Shack ridicule/input? - 90Tiger MU - 7/26 08:43:43

what do you want to do?(nm) - cnk ATL - 7/26 09:07:17

DANCE!!! - hefeweizen MU

- 7/26 09:09:24

he's quite agile for a man of his size - cnk ATL - 7/26 09:19:03

If you are looking at a 10-12 year range - meatiger MU - 7/26 09:06:50

have jobs, wife works from home office for a corporation. my - 90Tiger MU - 7/26 09:48:51

Mortgage interest deduction is virtually nil on a $40k - tigerdb MU - 7/26 09:56:29

and live where? (nm) - 90Tiger MU - 7/26 11:07:10

Rent - tigerdb MU - 7/26 11:22:18

Or sell/rent for a 1-2 years and see if the market cools. - tigerdb MU - 7/26 09:11:44

The only good part of buying today - meatiger MU - 7/26 09:19:58

Look at it this way... you have no clue what the - bactgr JC - 7/26 09:04:23

#2 is definitely the big driver and nothing is tying us to t - 90Tiger MU - 7/26 09:50:02

#4. Houses are selling in less than a week where I live. - catbirdseat MU

- 7/26 09:38:58

Historically, property values rise. There's no reason to - TheWildcat STL - 7/26 09:18:31

You wanna roll the dice on that, fine. Cash is king and if - bactgr JC - 7/26 10:03:55

Plenty of reasons - meatiger MU - 7/26 09:21:13

sell the house then buy a duplex and rent the other side to - lqf2b8 MU

- 7/26 09:03:47

Go slightly bigger than a Tiny Home... talking like 850 sqft - KCT-BoneTiger A - 7/26 09:03:35

If I owned a tiny home manufacturing company I would - lqf2b8 MU

- 7/26 09:13:15

Sell it all, get on your bicycle and don't stop pedaling(nm) - MidMoBaller4Life MU - 7/26 09:02:55

I'd stay where I was until I was ready to leave town (nm) - TheWildcat STL - 7/26 09:00:31

Reasons? (nm) - 90Tiger MU - 7/26 09:50:55

I was in a fortunate place when I retired early at 52. - Nebraska99 STL - 7/26 08:56:04

what was asbestos like (nm) - lqf2b8 MU

- 7/26 09:01:45

Itchy. On my first ship we were in the shipyards.. - Nebraska99 STL - 7/26 09:04:03

sounds like a real mes-sothelioma(nm) - lqf2b8 MU

- 7/26 09:06:05

1 kid, isn't even dating anyone (yet). He can visit, - 90Tiger MU - 7/26 08:59:50

Ah, gotcha. Seems like it should be an easy choice. - Nebraska99 STL - 7/26 09:02:49

My father did the same thing about 10 years ago in - Joeboo MU

- 7/26 08:54:49

Yeah, that's the ultimate issue - can you be happy in what - 90Tiger MU - 7/26 09:01:02

very isolated life - meatiger MU - 7/26 09:08:59

iso doesn't mean we hate people. It means we don't - 90Tiger MU - 7/26 09:51:46

we just did pretty much exactly that - quantrill MU - 7/26 08:49:51

I'm just sitting here thinking about how much money you - tigersknowbest MU - 7/26 08:59:54

I don't have the time to purge everything over a period - - 90Tiger MU - 7/26 09:02:16

do it, mother ****er!(nm) - tigersknowbest MU - 7/26 09:03:55

let's do a consignment deal. I'll give you all our stuff. - 90Tiger MU - 7/26 09:05:31

Nice deal, but I don't have anywhere to put a uhaul full of - tigersknowbest MU - 7/26 09:32:30

and neither do we - get it? :=) (nm) - 90Tiger MU - 7/26 09:52:13

Just order a 10 yard dumpster and go to chunking stuff out - hefeweizen MU

- 7/26 08:55:59

thats kind of what we did, and it was cathartic. nm - quantrill MU - 7/26 14:33:55

i'm great at that. my wife is like "these were your dad's" - 90Tiger MU - 7/26 09:02:56

I need to improve at that. (nm) - TheWildcat STL - 7/26 09:10:30

I've become a less is more guy. - Evenflow MU - 7/26 08:49:13

That's EXACTLY what I want and how I feel. If you don't - 90Tiger MU - 7/26 09:04:12

My parents downsized and now their house is too small - kmawv8 MU - 7/26 08:48:05

I like how your parents roll. It's your fvcking time to hos - 90Tiger MU - 7/26 09:07:29

Yeah that would be my only concern in that situation. If - mizzou541 MU

- 7/26 08:51:30

RE: Yeah that would be my only concern in that situation. If - 90Tiger MU - 7/26 09:07:48

makes sense. Use the extra money to buy a beach house - hefeweizen MU

- 7/26 08:47:20

we're thinking about that. putting some money per month int - 90Tiger MU - 7/26 09:08:49

That's a good idea(nm) - mizzou541 MU

- 7/26 08:49:50