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The New DU. Reply #64: No doubt
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serryjw
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Thu May-11-06 12:30 AM
Response to Reply #63 |
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IMHO, this is not the time for middle America to take risks with the most basic things like housing. While I was fundraising for the DNC talked to thousands of seniors that where living on SS and maybe a small pension. The ONLY reason why they were OK was their homes where paid for.
Look at the stats. Most retire with little more than SS, the dollar is in crisis and the next 20 years will bring challenges that no one has seen since the great depression. You feel comfortable with the risk...go for it!
I hope it all works out well
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