Rip, travel safely.
as a retired financial planner, I can confirm that many folks have real problems dealing
with their last premises and their eventual demise, even getting a will and medical power of attorney is challenging.
but before the end, many of us will have extended need for assistance of some sort.
Ignoring that is pretty dumb unless you have a family property like Popgadget where your kids live there
also. He built his plan, pretty smart.
lot of what ifs like stroke, dementia and parkinson's
not making a plan and then being a serious burden on your kids and even their kids
is not good.
having too much money tied up in real estate later in life creates cash flow risk for survivors.
Security includes liquidity.
we all want to get to the point where we don't worry about money any more. Some have.
I expect to run out of time before savings. Not having kids makes this much simpler.