Originally posted by Lockhouse
View Post
Most people would be fortunate to come out with 50 grand if that. Although not to be sneezed at, it only works out at an extra 10 grand a year for 5 years. Yeah you could eek it out further to a 100 quid a week for 10 years but that's hardly likely to make much of a difference once you sold on the familiy home, upped sticks, paid moving fees andspent an age trying to find this downsized gaff you do not want or need to spend money on, bring it up to your expectations.
Apart from that, you have to find a downsized property that is in a decent area, well served by local amenities, shops and broadband speeds. Of course if you dont mind living in just any tuliphole then you could make it work.
Comment