Researchers found that unexpected costs are the norm, not the exception. In any given year, 83% of retired households experience at least one unexpected expense. These fall into three broad categories: Rainy-day costs, such as major home or vehicle repairs Family-related expenses, including helping relatives or covering emergency travel Health-related expenses beyond routine care Health and home costs are especially common, with each affecting well over half of retirees in a typical year.
My dream has always been to buy a house. Once we got in, the slew of shortcuts the contractor took cost us thousands in repairs and new appliances. We need a new AC unit and can barely afford it with the huge rise in property taxes and homeowners' insurance.
A lawsuit filed by the Jungwirths accuses California's FAIR Plan of bad faith regarding claims for their fire-damaged home, alleging delays and seeking crucial document disclosures.