Probably closer than you think! I turn 50 in May ;)
That's some sound advice. I've said it before, but health insurance scares me. Even when you have it they find a way to still bleed you dry. It's all those deductibles and out of pocket expenses that scare me the most. I planned on doing something (somewhere else) until at least 57 or 58 when my wife can also retire, but it feels like I might be better off just sticking it out here.
Plus, my wife and I would like to move eventually, so that throws the whole mortgage thing out of whack. I doubt our new place will be less than our current place even though we want to downsize.
You know the housing market has been quite weak... So you might be able to get something for less...
The problem is there just isn't anything that fits our list. We thought about buying property, but people are asking outrageous prices and the cost to build is often inflated by 3 to 4 times what it should be. We might be lucky to get $200K for our 1688 square foot house, but it would cost us $400K to build a 1000 sq ft. new house.
Well building new home is an expensive proposition... In fact I find the best deals in Seattle real estate are homes that are overbuilt and over upgraded you can buy those amazing places at fraction of the cost to build that...
We don't have much like that around here sadly. My hope is that if we move again it will be our last time, so I am kind of being a bit picky about all of it. It's not like we have to move, so we have time to wait for the right thing.