20-11-2022, 05:58 PM
(20-11-2022, 03:22 PM)debono Wrote: Many will want to own a home at least for a lease hold of 99 years..........
Yes but this should be your retirement home. A retirement home should be inexpensive and not costly to maintain.
Most people worry about cost of living when they are old or reach retirement age BECAUSE they have ZERO INCOME (Plus money is smaller every year).
If you can generate income till you die, no problem with all these big ticket items and debt. But you have more use for money at old age than lifestyle debt. Healthcare cost is a worry.