Extended Living is 21st Century Retirement
So how’s 2011 going so far? This year of the Rabbit promises lots of positive hops and jumps if you keep your eyes and ears open for opportunity.
What’s one big mistake that can be made in deciding to arrange or avoid a reverse mortgage, as well as when you’re planning your future ("retirement" or whatever you call your decades-long extended living)?
Confusing this thinking about your future with vacation planning.
That is, with vacation planning
• the focus is on a few years, not decades into the future.
• the concentration is on good things happening, not temporary or permanent changes in interests or abilities that could cause, or become, problems.
• the question of where you’ll be living on your 100th birthday is not seriously addressed, but you may join the growing group of Centurions and use reverse mortgage funds to throw a fabulous birthday party.
- For those of you with practical experience projecting your life dreams into the unknown, what were you surprised to find out was a big issue, but that had been overlooked?
- Or, perhaps, something was considered essential to planning and proved much less important over the years?


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