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KansDem

(28,498 posts)

2. Hey, Boomers! Say "goodbye" to your nest egg...

Reply to FarCenter (Original post)

Tue Dec 20, 2011, 02:38 PM

Dec 2011

I wondered if this would happen: securing a 30-year mortgage only to have your "investment" depreciate to the point you will not be able to retire securely even if you manage to sell your house. There could be more sellers than buyers.

And with SS and Medicare on shaky ground, what's a senior to do?

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Americans ditch home ownership [View all] FarCenter Dec 2011 OP

I would rather not live like this snooper2 Dec 2011 #1