Reply to Anyone transition from big pay/big house/big expense to a low cost, simple, yet fulfilling retirement life?

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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I wish the people in their 60s and 70s in my neighborhood would downsize so that we could buy one of their big houses.  We bought a small house 10 years ago in a lovely neighborhood.  Now with a preschooler, an elementary schooler, and both parents WFH we would love more room, but no one is selling.  I don't know why the elderly want their 4000 sq. foot houses now that their kids are long gone, but that it seems they don't want to leave them.  [/quote]

probably because moving in a PITA, they have a low mortgage rate, and the new townhomes are almost as expensive as the 4000sf houses.
Unless you are planning on moving south to retire, it's easier just to keep your current home[/quote]

And then when they die, get dementia or are otherwise incapacitated, they can leave the cleaning out the big house and moving for their kids to deal with. Very considerate.[/quote]

Seriously, after they raised you and did and paid everything for you for 18 years, and then probably also college, you can't take a couple weeks out of your life and use some of your inheritance to pay to clean out the house?  Selfish[/quote]

DP, but we are going through this with my mom who is a widow with Parkinson’s. It’s not that I mind taking time to clean the house and handle her belongings. It’s the stress of knowing she shouldn’t be living alone, has already had some falls, and I’m terrified of her using the stairs. We’ve tried to get her to downsize and even offered to help pay for a downsizing service. But she is just in denial about her condition and you really cannot force a grown adult to do something they do want to.

So the house is going into disrepair and I just know there is going to be some emergency forcing us to help clear out the house at some totally inconvenient time (DH and I both work FT and have 3 kids including 1 with SNs). It would be nice to be able to help my mom during a time we have a break to do things, not when our SN kid is going through a hard time or we are crazy busy at work or we are out of the country on vacation, etc.)

So yes, I am upset that this task is being left to us and is a ticking time bomb over us on top of all the other middle age life stressors. I’m an only child so it will all fall to me. I hate it.[/quote]

i guess this is how a spoils rotten child turns out. [/quote]

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