Downsizing when you age or empty nesters?
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Anonymous
| Moved to a LowerCOL area during the pandemic and WFH. Bought a single story home in a gated community that takes care of the yards. If RTO for DH's company happens he would retire. We knew we were taking the risk when we moved, but so far it has worked out. |
Anonymous
We tried this. Ugh hated living at beach full time . Sold beach place. Doctors and vets were too hard to make appointments and nothing to do in the winter… |
Anonymous
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Unless I’m in financial need, I’m staying in place. Location is ideal for aging in place. House is a 1940s cape with a first floor addition. Perfect one level living situation.
One option is buying on the ocean (I live in a coastal New England town). That’s the only thing that would push me to move. |
Anonymous
| My ILs downsized from a 4 bdrm home with a pool to a first floor gated 2bd 2ba condo with a balcony overlooking the condo gardens in order to be in the same city as their children and grandchildren. It worked perfectly for them since they had only their unit to maintain and could close it up whenever they wanted to travel. There were many retired people in the complex so a new group of friends to socialize with but also a few young families to keep it lively. It gave the flexibility they needed when FIL had to move to memory care assisted living but MIL could remain in the condo until she suffered a TBI in a fall. |
Anonymous
Pp said they would also have another place. |
Anonymous
| Bought our house soon after DH had a cancer diagnosis. One level living was on my mind, just in case. Twenty-five years later, so far it has been a feature that only our aging dog has needed. |
Anonymous
| We plan to age in place. We have a rambler with everything we need on the main level so there’s no real reason to go to the basement. |
Anonymous
Your 55 age is off. I really think downsizing is 75 if at all. |
Anonymous
| Our kids are in college and just out of college. We still live in our large home. While, in theory, I love the idea of downsizing and maybe living in the city, I think that logistics will keep us here. Of course our kids are only young adults and so stay at home frequently, but even once they’re older and fully moved out — our house is the gathering place for extended family for visits and holidays. While I often dream of not hosting Thanksgiving, for example (though I also love hosting it), I can’t picture where gatherings of 15 or 20 of us would take place without our house, which is the largest and most conveniently located. Is this a concern for anyone else? Joe have you managed it? |
Anonymous
Master suit on ground floor is a must after 60. |
Anonymous
| We will sell our house and move to our second home - a condo in NYC. I'm very excited. |
Anonymous
| Condo in a lively part of DC with access to restaurants, parks, metro and zip car, will get rid of big house in suburb and cars. Less house care and more self care. |
Anonymous
My parents are 77 and bought a small two-story house a few years ago (there were no one-stories in the community). They lived in a two-story house for the 40 years before that, too. I’m convinced that having to climb stairs daily is about the best way to keep healthy as you age. Of course, that all changes with real disability, but for many folks now that doesn’t come until well into your 80s. |
Anonymous
You must be young! Most people in their 60s are fine with stairs. |
Anonymous
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I'd like to move to a house with a more spacious layout. However, our house is nearly paid off, and homes are extremely expensive around here.
It'd be nice to have more space for children to come back with their significant other / kids one day. |