Author Topic: Downsizing Home - Who's been there and done this?  (Read 9106 times)

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scarpsD40

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Re: Downsizing Home - Who's been there and done this?
« Reply #25 on: November 30, 2015, 06:57:45 AM »

A couple of thoughts:
- The $100K+ in changeover costs (real estate agents, removalists, stamp duty etc.), would go a long way to updating your current place to suit your new mode of living.
- My folks moved to a smaller place and the issue is there is now not enough room for us to stay there.
- See a retirement advisor re asset base to cash base, it may not pay to have less capital in a house and more cash in the bank
thnx Jamie. Pm sent

Offline Bad Scott

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Re: Downsizing Home - Who's been there and done this?
« Reply #26 on: November 30, 2015, 04:19:24 PM »
thnx Jamie. Pm sent
Retirement??? Government wants ya to work till ya 70
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scarpsD40

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Downsizing Home - Who's been there and done this?
« Reply #27 on: November 30, 2015, 04:38:32 PM »
Retirement??? Government wants ya to work till ya 70
yes but they don't say doing what. I'm thinking gigolo
« Last Edit: November 30, 2015, 04:40:04 PM by scarpsD40 »

Offline lino6

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Re: Downsizing Home - Who's been there and done this?
« Reply #28 on: November 30, 2015, 06:32:25 PM »
Keep your house, buy a log splitter and go around splitting fellow swaggers firewood for a fee. Slab of green is the normal currency!
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Offline cruiser 91

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Re: Downsizing Home - Who's been there and done this?
« Reply #29 on: November 30, 2015, 07:44:40 PM »
The secret is cash follow. The next secret is tax. Understand these 2 principles and you'll be right.
 :cheers:
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« Last Edit: November 30, 2015, 07:50:25 PM by cruiser 91 »
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Offline speewa158

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Re: Downsizing Home - Who's been there and done this?
« Reply #30 on: December 01, 2015, 05:53:23 AM »
Most of all whos getting clawed  at the same time  ??? >:D
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Offline plusnq

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Re: Downsizing Home - Who's been there and done this?
« Reply #31 on: December 01, 2015, 05:57:49 AM »
Most of all whos getting clawed  at the same time  ??? >:D

Only if you like it that way  ;D ;D

scarpsD40

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Re: Downsizing Home - Who's been there and done this?
« Reply #32 on: December 07, 2015, 05:45:07 PM »

Keep your house, buy a log splitter and go around splitting fellow swaggers firewood for a fee. Slab of green is the normal currency!
after 2 weeks of research, you could be onto something here.......