Brent,
As we are on a lot of subjects, you and I are very much on the same page with all this.
When we sell the big house, which will go on the market in a few months, the proceeds will be all free and clear, largely excempt from taxes under various rules for people down sizing in this country. And there is no debt on that property…or the new to us one we just moved into.
We also have some investment properties which we will gradually start liquidating, to make life simpler…
If we can’t live the rest of our lives on what we will have at that point, then shame on us…
The only parent we have left between us in my mother, I doubt I will have to take care of her, she would rather my sister do it if she can’t stay in her home. But mom is 1,000 miles from here…
Our kids are all long grown up and on their own, youngest is now pushing 34.
So I plan to build my new garage, make a few small changes to this house, and fill the basement with the new layout.
It was a long a careful search, but this is the perfect house, on the perfect 2.3 acres to keep people away, with the perfect basement.
My wife’s pet of choice is a cat. I like cats, they are very low maintenance, clean box and open the cans. I was not really a kid person, so that makes me not really a dog person…
Anyway, the new property is everything we need and want, nothing we don’t need or want, situated in a perfect spot, secluded but close to things we need and like to do.
I am thrilled. No assisted living hotel, or cookie cutter condo old age community for me, thank you. I don’t want to walk out my door and feel “obligated” to talk to someone on the sidwalk…or worse in the hallway - we don’t have sidewalks out here in the rural country side…
But if I want to socialize or interact with people, one of the highest rated small towns in America is only 8 minutes away: