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To: Pearls Before Swine

In our case, it isn’t so much investments as it is the capital gains on our house, which we plan to sell shortly now that we are in retirement. Being in California, you can have quite a bit of capital gains on a home owned for 23 years and not be wealthy.


32 posted on 07/25/2018 11:21:54 AM PDT by CatOwner
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To: CatOwner
In our case, it isn’t so much investments as it is the capital gains on our house...

Sorry for your loss, as the saying goes, but also happy for your gain.

California real estate has bailed out one of my financially improvident old acquaintances in his retirement... so far, until he overspends his reverse mortgage. And it's providing a divorcing cousin with a pot to divvy up, which will help him avoid eternal wage slavery.

34 posted on 07/25/2018 11:26:18 AM PDT by Pearls Before Swine ("It's always a party when you're eating the seed corn.")
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