You will have different considerations later in life, skiing won't be one of them. |
My widowed MIL lives alone in a 1,200sf two story house it is way too small. Why she has three kids all married, 9 grandkids. She also does Xmas and invites extended family, going over to a 600 sf main floor whee she is entertaining 20-5 people is crazy crowded in 600 sf. And we stayed over last time. We came 5 people, dog and a Guinea Pig and stayed over two nights. (She insisted I wanted to stay hotel) I learned from her mistakes. My house my main floor is 2,000 sf and I have a full finished basement with two bedrooms and a full bath for guests |
Yes and no. I know several retired couples who dramatically downsized. The trick is to use an interior decorator to create beautiful spaces that are functional. And, a balcony, patio, or access to walking paths, etc. are critical. Most of the folks I know have two condos: someplace warm/fun, and someplace near their grandkids and good healthcare. I know one couple that downsized from a ginormous house on a huge property to a more modest yet stunning 4 bedroom home. One partner gardens and wanted a new project. It’s a cozy 4 bdrm, but still |
Ahem. WE love to ski, now in our early 60s. |
Also for any kind of decent healthcare you have to go to Philly or Baltimore. My parents tried it for a few years because they love the beach but had to leave because they got too old to commute 2 hours to the cardiologist. |
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Another Hawaii story here. My parents (now 80s) retired to a 700 sq ft condo some 20 years ago. No need to hire cleaners, no heating bill, no yard work, they are allowed to have their 2 cats. Dad serves on the Board of the condo association. They happily help family find a hotel. They spend every sunrise at the beach with a cup of McDonalds coffee, chatting with other retirees.
Luckily I will be inheriting that condo. |
| If I had my druthers, I would be in Charleston SC area in winters. Daughter is about to get married though and grandkids will keep me around here more, even though I hate it here. And I mean HATE |
You're too young to get it. It's like when I was young and single and couldn't imagine going to an all inclusive resort instead of traveling to an exotic locale. Then I had kids and realized how easy and fun the resort would be and how hard it was to wing it with kids somewhere more exciting where you have to plan every meal and activity. I wouldn't move into a retirement community now. But when I'm 70 and most of my friends moved away, I might see the appeal of having immediate friends and activities. It's just easy. At 70+, many people want easy. |
+1 And the non-elderly have very little interaction with the elderly, especially if they weren't tight when they were young. Maybe pp's parents prefer the lack of interaction though, so to each his own. Retirement communities aren't great for people who want to avoid social interaction. |
Oh I get retirement communities -- my mother (80) lives in a beautiful independent living facility in California. She's thriving. Best thing she ever did. The Villages is a very different thing. The Villages is hell on earth. |
Fly in once a month. We have 3 airports here. Hotel if it's not logical to stay with them. Just budget for it. Go forward with new plans, making visiting them, in the overall budget, a priority. |
+1 |
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Probably wherever our only child puts down roots. If it’s someplace we hate then maybe a condo there and a condo someplace we prefer more, but we don’t want our only child having to deal with the stresses of elder care and aging parents from a long distance.
Sandwich generation realities are rough. |
Plenty of retirees ski. |
| Eastern NC. |