Something New for Seniors

Life before you get to old to enjoy it. About four years ago I began to wonder what I was spending on my lifestyle. My house payment was $1800 a month. It was pretty good I had a home valued about $200,000 and the taxes were about $9,000 a year, the insurance was about $1000.00 a year. The cost of utilities Electric, water, trash and heating was on average about $180.00 monthly. The cost of TV cable was $49.00 monthly basic. We ate out about two times a week spending around $360.00 a month and our food at home cost was about $200.00 a month. We went dancing and to a movie once in a while so we were spending $80.00 a month. The total spending of my life style was over $3000 a month. Wow, what an eye opener!!!

I found that the new resort lifestyles offered today are about the same cost and everything is done for you. All inclusive one payment a month and you know how much you pay month to month. When living at home it is impossible to see how much we are paying for your lifestyle unless you really know all the costs you are paying. Most people forget items or don't include the real cost of living.

Some people say "My house is paid for so I don't pay a house payment" What does it cost you to have your money invested in your house. If you had $200,000 invested in a good investment you can make $1200 on an investment paying 6%. A good broker can usually over the years make you around 11% at least. That would be $2200 a month so it does cost you to keep your home even if it is paid off.