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Main question: Do you live in a 55+ community or aspire to live in one?
Optional feedback:Please talk about how the numbers work or don’t.
I’ll go first. I don’t live in a 55+ community, and should I need one, it would probably be an Atria/Sunrise type of rental deal as opposed to buying,
My dh worked for a complex where the units literally remain at 2010 prices due to 5k/mo Hoa condo fees that heirs remain responsible for until resale. The hoa has been buying them up and marketing them as a rental after an “entrance fee.” Again, I could get that at an atria and get meals too all without an entrance fee or a toxic property.
I mean, we won’t be around for the end of any new 30 year mortgage. Why make such a commitment with either a loan or cash when rentals are readily available in these communities?
I don't know what the future will bring. I am planning if DH goes before me, to sell my house and use the proceeds to help offset the cost of a regular apt. We have HUD apts and low income 55 and up here in town. My State is making it mandatory for us to build another complex of low income.

We have a little nestegg that may help us stay in an AL. Which is another option for me if I feel thats the way I need to go.
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