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Real Estate
Reply to "Retirees buying 4,000 sq ft houses?"
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[quote=Anonymous]20 years ago.my in-laws moved from a decent sized 4 bedroom house to a much larger new build house. They were in their 60s. They customized it how they liked, etc. Whenever you talked to them at that time, it was all about retirement. IMO, they were living their lives in the future and retirement was their big reward for working in their careers. Their house was spartan with old furniture but they bought all new for the new house, that kind of thing. The big house was not for the family as they moved out of state and people may visit every other year or so. I'm their age now and retired myself. I have a different mindset than they did. My husband and I traveled and have spent money on our house. We don't plan to move. I did not think of retirement as a time of big rewards, but I think a lot of people do: that will be the time they can finally enjoy themselves. I think the big house reflects that.[/quote]
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