We are about to sell our home; we expect to realize gains of about $400,000. I am 84 and will go on dialysis within the year. My husband is 82 and has begun cognitive decline. We are still able to live independently, but need help. I don't think we need assisted living quite yet.
My question is whether we should rent or buy our next living space. I think renting would make transitioning to assisted living much easier when needed. We have no other major assets and no heirs.
kind of a no-brainer
Let somebody else deal with all the hassles of upkeep and get a little place all on one floor
you’ll be glad you did
you will be independent longer
at least that’s the way it seems to me
I wish you well