If it's any consolation, my MIL is basically in this same boat. In her case we need to convince her to sell the house, it should give her an extra $200K to live on for awhile....and I guess we just need to plan on supporting her 15+ years out when that runs dry. Either that or she's seriously considered moving to Panama....a cheaper place to live. Would a reverse mortgage help out in my case? How do those work?
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