[Codeflier]

My house is paid off, but it’s amazing how much you still have to spend.

My property taxes work out to about $550 per month. Homeowners insurance about $200 per month,

And then there is maintenance, yardwork, termite bond renewal, etc.

So I think the downsizing advice is good. When I retire, I am downsizing big time.

[sjmjax]

Yes, (insert obscene word here) property taxes!
House paid off but (******) property taxes eats over 40% of my total annual income.
And, there’s nothing I can do about it except sell my home.
And, half of those taxes are squandered on a corrupt and utterly dysfunctional school system.

[BBQToadRibs2]

Holy crap, you must be on the coast. I’m in the northern prairie and my 3BR2B house property taxes are $210/month and insurance $75/month.

Flyover country has it’s downsides, but also upsides.

[ronniesgal]

we retired and are not ready to downsize.
Maybe when my dogs die. But now i need the space.

[cherry]

property taxes run at $6600 per year, for now, until they raise it again...its a major burden for us...

you can cancel cable, the daily newspaper, eat only at home, shop sales, etc but what do you do about property taxes?....

[Fledermaus]

$550 a month is high.