- Sell your long-loved Home for $1 million, or more. Move into an Independent-living facility as a care-provision buffer. When or as needed hire externally-provided support help.
- At $10 thousand a month rent and expenses, you’ve got ten years covered – possibly. Might you live that long – or longer, in these years of “The 100-year Life”?
- Think about changing your investing strategy from “buy&hold” (passive, little capital growth > inflation) to “active re-investments” (substantial capital growth > inflation).
- Have something besides family survivors to keep your mind active instead of just “waiting to die”.
- Without the change you might have had a “thing” to worry about, but with it you can have much more personal & mental comfort.
For further details see:
A TSM-POWI Swap: Your Elder-Care Financial Planning