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Reply to "Anyone transition from big pay/big house/big expense to a low cost, simple, yet fulfilling retirement life?"
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[quote=Anonymous]We're starting the process- DS is headed to college next year, and DH has a new job across the country. We'll be fully relocating by the end of the school year. Plan is to rent in the new, higher cost living area while DH finishes out his career, but also buy a smaller home in a different state that has the things we will value in retirement-- I'm currently scoping smallish 3 bedroom homes with at least one bedroom on the main level, manageable yard, HOA to cover things like snow removal, etc. We're going to pay less for the house and carry only a very small mortgage for the tax advantage. I want to travel, renovate a smaller home to my choosing, and age in place. With one DC, 3 bedrooms is enough if the worst happens and he needs to live with us for awhile. [/quote]
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