Reply to Downsizing when you age or empty nesters?

Forum Index » Money and Finances

Reply to "Downsizing when you age or empty nesters?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote]I wouldn't downsize until your kids have large homes that they can use for holidays. My parents have 3 spare bedrooms upstairs still (from when my siblings and I lived there) and it's SO nice to visit them. My kids can have their own rooms, there's 2 bathrooms just for my family to use and it's quiet up there. We pile in like sardines at my inlaws and kids get cranky after 2 nights of that.

Or if you do downsize, be okay with people not visiting you. One of my grandparents downsized and it's very hard to visit her. She's had numerous surgeries and there isn't a spare bedroom for her kids to stay with her.

We downsized to a 2 bed/2bath condo in the city. Living the life we want. Kid 1 is 2K miles away and happy. Kid 2 will likely be 2-3K miles away. But could end up in our area. If they do we will help them with rent for the first few years (VHCOL). We rent the guest suite at the condo bldg when wveryone is home. Or a hotel room 1 block away. Sometimes we rent a whole house somewhere to gather for the holidays. Much easier to rent a big home for 7-10 days than maintain that extra space in a place we own, when we only need it for 2-3 weeks/year.[/quote]

This. My parents and my in-laws eventually got to the point where hosting was too exhausting (cooking, cleaning, putting up a tree, etc.). So they went this route and we either stayed in the guest suite or a hotel (which my parents paid for). We were walking distance to grocery stores and restaurants. It was a much better experience for everyone TBH. 
[/quote]

Yes—we pay for the vacation rental or the hotel/guest suite for our kids/family.  It’s more fun to be in the city and we have plenty of room to entertain in our condo for up to 8-10 people, just need a place for them to sleep.

Once grandkids come, we will visit them for holidays or rent a house somewhere so we are all together.  But with adults, the hotel room for night is great[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics