sndral
DIS Veteran
- Joined
- Feb 3, 2008
In my mind this is roughly an $8000 question, which is approximately the difference in cost between a 260 point resale OKW contract ($90 pp) v. a resale BC contract ($130 pp.) Put another way, it’s renting 260 BC points 1 1/2 times at $20 per point v. owning those points (& paying MFs on them) for another 18 years. A third way to look at it to divide the years left on the BC by how much more it’ll cost - so roughly $450 per year more for buying BC v. OKW.
My question is how successful have you been at using your OKW points to reserve BC recently? If that’s worked for you maybe it’s worthwhile to just stick w/ OKW. If, OTH, you want to stay at BC & you can’t do that w/ the OKW points you have currently, then it’s a question of is getting what you really want worth paying a premium to you & the ‘to you’ part is very personal. To me, I’m at the point in my life where I could easily pay the difference, thus paying a little bit more to get what I want is a no brainer. When I was younger I didn’t have that luxury, I needed to save to pay for my son’s college & invest to fund my own retirement, etc. & thus paying more would have been a poor choice for me back then.
My question is how successful have you been at using your OKW points to reserve BC recently? If that’s worked for you maybe it’s worthwhile to just stick w/ OKW. If, OTH, you want to stay at BC & you can’t do that w/ the OKW points you have currently, then it’s a question of is getting what you really want worth paying a premium to you & the ‘to you’ part is very personal. To me, I’m at the point in my life where I could easily pay the difference, thus paying a little bit more to get what I want is a no brainer. When I was younger I didn’t have that luxury, I needed to save to pay for my son’s college & invest to fund my own retirement, etc. & thus paying more would have been a poor choice for me back then.