Sonntag, 6. Juni 2021

Downsizing in Old Age

https://www.smh.com.au/business/the-economy/grandparents-need-the-backyard-boomers-deepen-housing-crisis-by-staying-in-empty-nests-20210605-p57ydf.html 

we have the same problem. Kids in college.Ten years to retirement. What will life bring? Housing prices climb. Maybe downsize, buy a cheap place and use the spare cash to increase pension or if houses cost too much let son move in if he gets married by then. Y 2030 probably have a bust or a war, hyperinflation or all that making pensions worthless, jobs unavailable or mad max all round. Long term planning hard in ' interesting times'.

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