No. of Recommendations: 3
At 53 separated and walked away from a house I owed 300k and was worth 130k. With about 50k total in my ira i decided to reduce my cost of living substantially not only for my benenfit but so at some point going forward my kids are not fighting over who is going to pay my rent.

So I took 10k out of ira and baught a fixer upper mobile home in a nice mobile home community. I call it the house that Craigslist built. At this point two years later I have all modern Stainless steel appliances. Beautiful furniture, still need to paint and replace a few windows (3)

It is a 2 bedroom 1000 sq ft and this is what it cost me monthly.

440 lot rent
120 electric for some heat, hot water, lighting etc
30 propane heating
40 taxes school
630 total

My previous 4 b/r house was running me 2500 month to maintain and all I did was work to pay the taxes utilities and maintenance. What a waste of most of my life.

I plan on using the extra money to enjoy life (and pay alimony). I should have done this 20 years ago
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