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Just as important as what you would like, is what you can afford. Not that you should be discouraged by what may appear to be financial limitations—there are several ways to make living arrangements to live in a warm climate, if that is what you or your parents would most like to do at this time, just as there are several ways you may be unaware of to make arrangements to stay in one’s own home . What is important is knowing what you have to work with, financially.
We therefore suggest that you take some time and work on the Estimated Monthly Income Chart and the Total Assets and Net Worth Chart. As you can see, the charts are largely self-explanatory. At this time, you may not want to have an antique gold necklace you inherited five years ago appraised to find out what it is worth. But it’s still a good idea to make a start. We provide a fair amount of information concerning hourly rates, monthly costs, admission fees, and down payments for various types of living arrangements. You will probably find it useful to do some preliminary work on this chart now so as to have the bottom line as a basis of comparison.Then, if you decide to consider one or another housing option seriously, and need a realistic view of your financial situation, you can come back and complete the chart with greater accuracy.