Wait, what? Is there really a state of being “location broke?” YES! There are some states where $10k can buy you what would cost $1M in California, for instance. If you’re constantly feeling broke because you live in a high cost state, my advice is that you could move to a more affordable state (you’re not a tree.) Some people just will not consider a move under any circumstances. Moving is a hassle, but you could gain savings, peace of mind, an easier pace of every day life and tha ability to retire if you do consider it.
2024 Retirement Update (Since 2021)
Tried to retire, but it’s not taking hold…if you need the advice of an experienced professional, let me know. I am not a member of any REALTOR organization. What you are hearing about the new required practice changes for REALTORS take effect on August 17, 2024. In some instances, practice changes for REALTORS took effect on August 1, 2024.
The largest uproar over their practice changes are requirements for buyers to sign “showing agreements” for VIRTUAL or IN PERSON property showings.
2021 (Original Post)
It’s been a monster 3 years. Trying to recover from losing a large number of family members (before the pandemic) with the inability to travel for funerals beginning (just after losing a son) and then dealing with everything this pandemic has dished out, as well as reaching full retirement age in the middle of this mess, well let’s just say that I’m retired.
