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In reply to the discussion: And so it begins... [View all]

mnhtnbb

(32,196 posts)
12. It's a joke, isn't it?
Sun Dec 15, 2024, 06:32 AM
Dec 15

Only we're all not laughing.

I was surprised I could qualify for a mortgage on this house, but at age 69, I did. So I have a 15 year mortgage at 2.3 % that will be paid off in 2035. My income is 2/3 from SS and a federal pension survivor's benefit. Social Security will go belly up in 2033 if it is not 'fixed' and we all know there is zero chance this incoming administration will do anything to fix it, and is more likely to do something to hasten its demise. I'm already making changes to my budget in order to be able to throw some additional funds toward paying off the mortgage by or before 2033, in case I live that long, because I would be 82 by then.

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