How to avoid Ponzi and pyramid schemes
Watch for these red flags
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Cottage life can be more expensive than staying at a very nice hotel on a per night basis
For every $1K in monthly income you want in retirement, you need to have saved $240K
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Most earning less than $5K
Fred's mother wants to claim the cottage her principal residence before selling it to the kids
Why retire when you can combine “the life” with work?
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Downsizing and reverse mortgages are good options for those who are house rich and cash poor