Reply to If you retire early, where have you considered moving to?

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[quote=Anonymous][quote=Anonymous]In reality moving in retirement will be a thing of the past. People are buying homes later and later in life and the average age of first time home buyers is now 38 and average age of all home buyers is now 56. Gone are the days you buy a house at 25, have kids at age 26-30 and by 55 are an empty nestor mortgage free with fully launched kids ready to move on.

I am guilty myself. I bought my first home at 38 and my trade up home at 55. My 30 year mortgage is done when I am 85. My kids are all college educated, getting career going no rush to get married till around 30. Meaning my house is still thanksgiving, Xmas, birthday parties and hang out till they are married and have homes.

I will be around 70 when youngest kid is fully out, done grade school, place of her own maybe engaged and by then oldest two maybe getting married or maybe later.

I am not packing up a house at 70-75 and moving. My block most of new owners have been 45-60. All this is their second or third home.

A few of them including my spouse is open to a little condo to be a snowbird or a place near grandkids when they come. But packing up a large house in my 70s no way.         [/quote]

Why not "pack up at 70+"?  Why would you want to daily have to deal with a large home?  I'd prefer a 2 bedroom/2bath condo or home somewhere.  If kids are not nearby, you can rent a place for the holidays for sleeping. 
Also, you don't have to keep a huge home just because your kids still rent apartments.  I don't want to deal with a huge house once the kids are done with college.  You can sell your home, pay off the mortgage and take your cash value and purchase something affordable/smaller [/quote]

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