Oct 22 Changing retirement scene

Oct 22 Changing retirement scene

Here's attorney Diane Gruber.

A new phenomenon has developed on the west coast due to Bidenomics inflation. Retirees and those nearing retirement worry that they will outlive their savings. They are opting to sell the houses they had expected to live out their years in and putting most of the equity into retirement accounts. They free themselves of mortgage payments, property taxes, and other expenses associated with home ownership. Then they buy used manufacturer homes in mobile home parks which they can use at home basis to return to after they travel to visit relatives, visit America's national parks, take cruises, etc. They can enjoy the luxuries of life instead of pinching pennies. This is quite a change from generations past when retirees could afford to stay in their homes until they passed away.

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