Random Thread - Anything Goes
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@Dashrender said in Random Thread - Anything Goes:
@JaredBusch said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
@DustinB3403 said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
Is there any good reason to have a reverse mortgage? The only situation I can think of where it sort of makes sense is from a survival standpoint. I'm sure some older people have lost their spouse and may not be able to make payments and still afford to live. It looks really predatory on paper. I'm curious if I am missing something here
A reverse mortgage allows you to access the equity of your home, without having to move. It's usually marketed to older people who aren't working, but need money (and some place to live). Because selling your house for the cash and not having anywhere to live doesn't really work.
This is why retirement communities exist though. You sell your house and move into a much less expensive house.
What do you define as a retirement community? Most senior housing is expensive or subsidzed for low income. Because Retirement communities almost always are assisted living.
In schaumburg, the top rated place is $40k down to get into an apartment that is then $3k-$5k/month.
My mother just moved into a Skilled Nursing facility - $132/day... $46,992/year... this is surprisingly low, I was expecting it to be over $80K/year..
For this she gets a room with a roommate/closet/dresser/3 meals a day/general nursing assistanceSounds like she's paying to be in prison..
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@RojoLoco Can't wait for 90 year olds to be playing gangster rap
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@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco Can't wait for 90 year olds to be playing gangster rap
Until last week, we had a drummer who was 62, still playing original metal. Hope I'm doing the same at that age.
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@RojoLoco said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco Can't wait for 90 year olds to be playing gangster rap
Until last week, we had a drummer who was 62, still playing original metal. Hope I'm doing the same at that age.
I used to work in the operating room of a major hospital and one of the general surgeons listened to metal while he was working. Great guy, very talented surgeon.
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@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco Can't wait for 90 year olds to be playing gangster rap
Until last week, we had a drummer who was 62, still playing original metal. Hope I'm doing the same at that age.
I used to work in the operating room of a major hospital and one of the general surgeons listened to metal while he was working. Great guy, very talented surgeon.
People aren't plumbed like cat5. That must've been an awkward transition. Is Ethernet cable latex free?
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@Grey said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco said in Random Thread - Anything Goes:
@wirestyle22 said in Random Thread - Anything Goes:
@RojoLoco Can't wait for 90 year olds to be playing gangster rap
Until last week, we had a drummer who was 62, still playing original metal. Hope I'm doing the same at that age.
I used to work in the operating room of a major hospital and one of the general surgeons listened to metal while he was working. Great guy, very talented surgeon.
People aren't plumbed like cat5. That must've been an awkward transition. Is Ethernet cable latex free?
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@scottalanmiller said in Random Thread - Anything Goes:
Dog disguised as a sandwich waiting on ham. Or baloney.
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@Danp said in Random Thread - Anything Goes:
Me on the weekend because Corona is on sale due to people's stupidity
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@nadnerB said in Random Thread - Anything Goes:
Because Zoom doesn't use point to point infrastructure and funnels all connections through their own servers.... glad professors understand how the Internet works.
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