It is a very real thing for many Canadians as well.

I picked up a 240d in New Jersey many years ago. The older fellow was selling his house and many items. As we talked he told me he was moving to Pa. His property taxes where about ten thousand a year and increasing.

The house was fairly new and perhaps 2k square feet. It was well out in the country as well. On a very large lot. But really if he was telling the truth it makes you wonder who really owned the house.

He also sold specialty pet foods by mail to help sustain himself. This was at time when mailing things was much cheaper than today. My take from the situation was that property taxes vary a lot from state to state.

Remember this was probably at least fifteen years ago. No ideal of what that house and property would command property tax wise today.

I guess as a safety issue financially. One can develop a sideline of some sort. Since I am seventy five now we have been kind of retired for ten years. When young we as a couple never gave this period in life a lot of consideration.

Inflation alone can become a serious issue to retired people. For example if we were just on fixed pensions alone. I can assure you the reduced buying power today compared to ten years ago. When we started to draw those pensions is substantial. The indexing of those pensions to inflation is a total joke.

Technically retirement should be a cheaper time to live. The reality for all the basic needs inflation has changed this. Today our actual cost of existence although we do not monitor it. Has to be higher than say twenty years ago.

Things like the utility bills and insurance policies plus food in general have probably doubled in cost at least. I like and buy a certain brand of tire for example. I noticed they are up twenty percent in the last year alone. Automotive fuel was perhaps 2.00 a gallon back then. We will see six dollars a gallon this year. In our area of Canada.