Once Retired. Rent or Own? - Page 2
Page 2 of 2 FirstFirst 12
Results 16 to 18 of 18
  1. #16
    Registered User
    Join Date
    Sep 2008
    Post Thanks / WTG / Hug
    Rep Power


    Thank you lady in the shoe. Very informative post! As an RN, believe me, I have seen people on medical get the best care without it costing them a dime! I'm worried when I retire as it will just be myself and a limited income. I have no retirement plan where I work.

    I'm afraid of getting into another money pit. I can live frugally but could I afford a new roof on a manufactured home once retired? The answer seems to be closer to no.

    I'm a bit stuck in my though process and will have to decide what to do. Seven years in that house was a nightmare.

    Checking if they allow kids is a really good idea. I know they often cannot discriminate against kids but if all the apartments are one bedroom then children would be unlikely.

    I feel I may be better off and have less stress if I stay a renter.

    Thanks again so much for your very informative post.

  2. #17
    Registered User banana's Avatar
    Join Date
    Feb 2006
    Post Thanks / WTG / Hug
    Rep Power


    We plan on staying in our home until 62 then going into a senior building. Rent is based on your income.

  3. #18
    Registered User frugalfranny's Avatar
    Join Date
    Mar 2009
    PNW in summer---SW in wnter.
    Post Thanks / WTG / Hug
    Rep Power


    ANOTHER REALLY OLD POST.............

    But some interesting reading...........

    Only thing I would add............if the whole complex is a 'no pets complex' then they can deny pets---senior or not..........with the exception of service animals....in this area anyway.

Page 2 of 2 FirstFirst 12

Similar Threads

  1. Rent? Or save and live rent free?
    By Hyeon-In in forum Debt Reduction & Money Management
    Replies: 28
    Last Post: 08-06-2010, 04:24 PM
  2. Retired Once.....
    By forHISglory in forum General Chat
    Replies: 11
    Last Post: 07-11-2010, 07:29 PM
  3. Once retired, what do you plan on doing?
    By homesteadmamma in forum Third Agers
    Replies: 23
    Last Post: 04-08-2009, 02:44 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts