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URL:  https://boards.fool.com/when-we-see-prices-like-8000-12000-per-month-34362647.aspx

Subject:  Re: Retirement housing glut? Date:  12/11/2019  7:36 AM
Author:  RetiredVermonter Number:  21594 of 22927

When we see prices like $8,000 - $12,000 per month for "retirement living", we wonder: Can so many people afford that? How many retirees have incomes in the, say, $150,000/year range? Nobody we know, but I guess we don't travel in the "right" circles.

Our own home, almost paid for, even with all associated costs for heat, electricity, phone, internet, TV, maintenance, etc., comes in at FAR less than that. Add food and so on, it still comes in to a lot less.

To each his or her own, I guess! Whatever works for people!

Vermonter
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