Quote:
Originally Posted by Happy in Wyoming
You're reading about someone's fantasies. This same person has said that he can't afford medical insurance until he's old enough for Medicare. He has also claimed that he had numerous friends who died because they had no insurance. A few days ago he said he had just bought two properties to develop into geriatric living.
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Yep, all of the above... And MUCH more, such as my $35 car that gets 50 mpg on free cooking oil... sorry, but all true..(2 of my 3 friends that DIED were close to YOU!! (MT) BTW, their surviving wives EACH had to sell their homes to pay Medical expenses incurred with deceased spouses (if you would like to donate to their Spousal Impoverishment fund). (The 2 props I have are currently 'income props' so currently self supporting while I work a temp job in Asia.). I NEVER have included my RE investment assets into my PAY INSURANCE FUND...
How could I afford my multiple props if THAT were the case
If YOU are under Medicare age with a sick spouse and can afford private pay medical insurance in USA... More power to ya. I AFFORD what I CHOOSE to afford, and $15k/yr for catastrophic insurance is NOT one of them... (OK, as Obamacare takes that option away).
After 32 yrs of caring for a disabled parent, and homeschooling my kids... I QUIT working multiple jobs and retired 'pre-age 50... I grew up milking cows 24x7 so I'm TIRED.... (Had equivalent of 99 yrs of 40hr work weeks by age 48).
I'm getting by FINE... Just not inclined to continue to pay $15k / yr in Healthcare and $14.4k for property taxes on Casa Grande *that I built for under $100k. So.. will be OUT of country till age 65. My choice, not yours!
I will trust My BiL will help bring the 'dream' to reality. He has 6 such communities and 'memory care units' in PNW, NM and CO. Just a matter of time, and I have about 40 more yrs in retirement to complete it. As I ALWAYS mention, I will probably be my own first client.