Quote:
Originally Posted by mswlogo
Maxum's point is those generous programs may disappear.
I know half a dozen families that were "taxed" out of their home in NH over the years. And I know several planning on it. They know they can't afford to stay after they retire. I don't know of any in MA.
|
They failed to save and invest properly.
The numbers show this is the case with roughly 83 percent of all NH residents.
Even after paying off the mortgage, and lowering monthly costs, they have failed to save enough to reach replacement income through their investments.
A live for the moment and suffer the consequences of such later.