On my way out so making this quick.. but I have a friend that works at a company that specalizes in loans to elderly.. it allows them to cash out equity and the balance isn’t due untilt he person dies.. probably a rip off, but I thought it was interesting that people would do that.

PS, that sounds about right as far as what a retired person might want.. but I think cost is going to be a big factor and might cause them to find some happy mediums on the proximity to family and desire to work part time factors… like maybe they’d move a little more remote where they would probalby make the same part-time, but have smaller expenses.. sure it’s just a guess without running any real numbers or surveys.