Too many of my friends, old enough to know better, are struggling with money. That doesn't mean that they don't have assets, but it does mean that they've got too much going into real estate payments and upkeep. But they all tied themselves up in those properties, no one held a gun to their heads.
Probably ya'll would disapprove of my friend who has a $350,000 paid-for house in Mexico whining because he can't get Medicaid in our state which did not expand Medicaid as part of Obamacare. He has other real estate but little cash flow.
Multiple friends with multiple financial problems, and it doesn't look like smooth sailing for several of then for the next few years, they are all working until age 66. One friend just retired at 75, but she honestly enjoyed her job and she is very youthful and spry. Oh yeah, ,she retired and then--immediately went back to work for them temporarily because they needed her.