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Lessons from Zsa Zsa: Could You Outlive Your Money?

“I’m a great housekeeper. Every time I get a divorce, I keep the house.” – Zsa Zsa Gabor

Turns out, keeping houses was a handy skill for Zsa Zsa to have – near the end of her life her $11 million Bel Air mansion was one of the few assets she had left.  Zsa Zsa sold that home not long ago, with the provision that she could continue to reside there for three years-a time period that was due to run out in just a few months. Stretching assets to cover long life expectancies and significant medical expenses is no small challenge, as this Think Advisor article points out.