Re: Off scope for subject home paid for when retired?

Posted by Hal--WA on January 18, 2009 at 17:38:26 from (208.81.157.90):

In Reply to: Off scope for subject home paid for when retired? posted by 1936 on January 18, 2009 at 09:15:15:

Unfortunately, I am. I hadn't planned on retiring when I did, but medical problems more or less forced it.

Luckily, I had my time in and was in a good State retirement system that is unlikely to go broke. Some of my friends have retired from other jobs in private business and now draw way less than I do each month. And some have lost their pensions after their companies were bought and sold and looted. I sure am glad I stuck with the job I had, even though I might have made more in the private sector.

I just got my yearly mortgage statement and it shows that I still owe about $61k. I refinanced a few years ago to get a much lower rate than I was paying, and should have the place paid off in 10 years.

I can't do everything I hoped to in retirement, but we are pretty comfortable and secure. I sure hope the POLITICIANS don't ruin what I have.

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