Also in this playlist...
This transcript is automatically generated
-- in Tampa Florida hi Barbara how are you tonight.
I -- aid has great can be achingly if you night you to -- -- My husband -- both happy that the company and conine who have a contract -- home.
No markets Garnett and -- pat cash.
And I had been diagnosed with I mean -- and -- -- -- this kind hand.
And along you know long term to hear it and I eat there we dropped -- that he would account statement.
We worry we're worried we can't afford -- house.
I had -- hit that the medical problem they -- meant not as much medicine he and in early stages though he's just.
Helping with men and -- -- -- the day is all that.
-- -- -- Problem now but.
He definitely couldn't pay BP.
I guess I don't like this in the end we what we look at -- we can afford it how good how listening.
He had 87 -- be the older you get -- one.
What other kinds of health problems as you have.
He has that beating you who I thought pressure and cholesterol.
Prop eight would.
Blue guy and he's done here except for his.
I -- but it it is they've arrived there is sure to secure.
Sure now it just slows the progression down thinking I gotta -- -- relative struggling -- the same thing.
How much you -- spent on the house.
Pending any Q and how much money do you have.
-- Strahan didn't when he pick out things I -- gate and the pain.
And other money anywhere.
I mean come -- apple -- -- And then nearly eight he had 80000.
And that's and -- I have a 35 and I our day.
I had a 130000.
Dollar -- I am I ain't -- And I think I think that.
From and so if -- my 8200000.
You have about 400 K left over give or take.
That sound about right.
After that angle cut I'm doing that pretty quick in my head here but that's -- well life.
How I think about his -- -- -- sick and then I trip that you had to I didn't think about all the others.
Well right well.
-- and we we never know what's gonna happen.
-- in life.
Statistically speaking I'll be cold hearted for a moment.
And say he's older than you and he has substantial health problems -- will probably.
Outlive him 75% of the ladies in America outlive their husbands so that would be a normal.
-- And the issue is how much -- -- gonna have but in the meantime and therefore can you afford the house.
And your body that the point you -- access any of these retirement accounts without any penalties certainly.
But you don't want to you wanna try to live on the 4300.
And if I'm in your -- I am buying this -- yes.
It's gonna get -- the stability.
It's gonna get your place to care for him.
And -- place for you to live when he passes some -- in the future.
And -- And dom and I think the 4300 you guys can probably live on can't you.
Unless except for the big events that yet and at some point you're probably gonna have some -- care to come -- And helping in home care with him.
And if the disease progresses before his other health problems.
Calls -- problem then he may have some nursing home time and you're probably looking at.
Thirty to 50000 dollars a year to take care of the nursing home expense.
But what you're describing -- crumbling.
Statistically speaking not a protracted nursing homes day.
But that's how we never know what we're facing but if I were in your shares.
I think you having the stability this home is gonna add to.
You're emotional ability to fight through and have the strength to deal with all the stuff you -- -- facing in the next few years.
And yes I would buy that house does that help you.
It sure I listen if you get scared in the middle of all of this -- you don't know what to do.
Money stuff you call me anytime okay.
Great thank you very -- thank you for the call.
Filter by section