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  1. Monopoly

    Friend Aged 47 Wants 1 house paid off Before Retirement - IP or PPOR ?

    Kim5, be her friend, but don't get involved. At 47 (same age is myself) if she's living from pay cheque to pay cheque unable to balance a credit card, she most certainly won't be able to handle a mortgage. :o
  2. Monopoly

    Friend Aged 47 Wants 1 house paid off Before Retirement - IP or PPOR ?

    EXACTLY!! Look at the facts: 1. She's spends and doesn't save (obviously living beyond her means??) 2. She doesn't care about super (although can't say I blame her for not trusting super, with changing govts who knows what it'll be worth come time to cash in??!!) 3. She's hoping to...
  3. Monopoly

    Friend Aged 47 Wants 1 house paid off Before Retirement - IP or PPOR ?

    Option 3.... YOU not waste your time trying to convince her to buy either (IP or PPOR) because she has ABSOLUTELY no intention of buying anything!! Sorry but I've witnessed this mindset too many times to care...over it!
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