All Forum Posts by: Gail Roberts

Again, thank you very much for your responses and I'm going to look at these carefully! I think there are some very good thoughts here! 

Thanks for your note: I hadn't really had much of a plan for retirement! I hadn't had a very successful working life and didn't have enough sense to get into housing earlier on here in Oregon! The other $245,000 is just sitting around and I wonder if I can go through my life span, housed with some income from this money? I've thought about a duplex, but at this point couldn't do any upkeep myself due to chronic neck pain, I may have been able to move ahead easier without the health issues? I'm afraid to do anything with the money and I'd like to get my money out of the mutual funds eventually! At times I've thought about annuities. I'm even interested in these 55 plus home parks as a long term living solution, though the space rents keep going up on these and they are vulnerable to development. Thanks for the responses! 

Thanks for all of your ideas, I'm going to look carefully at all that you've written. I also wonder if I'd do just as well not touching my money, but I do need a place to live. 

What would you do if you had these assets and such a limited income? Actually my investments might be earning me about $500.00 a month. 

Hello, I'm new to this forum: I've never owned property, I have about $100,000 of my money invested in a mutual fund and municipals. I don't feel very comfortable with mutual funds!  I've been staying with a frenemy for very cheap but would like my own place. I've wondered about a duplex, and living on one side, I've wondered about buying a house that has a converted garage apartment or a mother-in-law unit that I would live in. It's really scary to do anything with this money. I don't know how I'd manage as a landlord, actually I'd probably pay for management and I'd want to pay off the property completely. I'm in Lane County Oregon, the market is going crazy here.