The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: OT: house values...||Date: 2/14/2007 11:47 PM|
|Author: telegraph||Number: 1980 of 69725|
See whose 'rich' and who is poor...
go to www.zillow.com and type in your address..no need to register..then check out your neighbors, or bill gates...to see how much the tax folks think your house is worth....
If you cash out of an expensive house, move to TX or MS or AR or AL, and buy an inexpensive home, if you haven't 'cashed out' all your equity, you might be able to retire early.
Interesting thread on moving to Panama..you can live well, with a maid, garderner, have world class medical care, eat well, and live on $1200 month, about what SS might pay you if you had a 'middle class income' level while you worked...and you are able to retire now and get SS, or have savings to fund you until you get to SS age....or you don't 'need' SS....or maybe get a pension....(Gov't workers don't get SS..never pay it...they get pensions from the Fed saving plan when they are eligible to retire at whatever age - 50, 55, etc...same for military)......except some of them double dip...get military pension, then other pension or some other stuff....
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|