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Personal Finance (Not Investing) • Aging couple move from NV to CA? Worried if health declines. Advise?

Might the daughter and her family move to Nevada? They too might welcome the much lower taxes and COL. Are they outdoorsy? If so, my city of Las Vegas has a lot to offer. Take it from resident Alex Honnold of "Free Solo" fame. An article that popped up today:

https://www.latimes.com/california/stor ... -las-vegas

If the answer is no, then even though I share the OP's aversion to high taxes and a VHCOL, I'd move to San Diego, but to a facility.

I'm in the same age bracket as the OP, with no local (or distant) relatives, and healthy thus far, but I wrestle all the time with "what's next?" I've decided that any move from my house would be to a senior facility: an independent living/assisted living facility or a CCRC (Nevada has only one, here in Las Vegas). It would be foolish, I think, to downsize to a condo or to a smaller, newer house only to find that I have to go through the huge disruption of a move all over again, this time to a facility, a couple years later.

I may just stay put, avoiding a lengthy, effortful, stressful disruption of the possibly few good years left to me, and opt eventually for an unorthodox solution that probably wouldn't appeal to the OP and/or his wife.

Statistics: Posted by Tib — Fri May 24, 2024 6:34 pm — Replies 57 — Views 5482



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