Reply to Downsizing when you age or empty nesters?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think this is more of a finance question than a real estate or midlife one, so posting here.
What are you doing with your real estate options when you get to say 55, or when you are empty nesters? Are you downsizing? Moving to a TH? Aging in place? Keeping a larger home for family gatherings, grandkids? What’s your plan?[/quote]

Is this post from 1975? Empty Nestor at 55 ready to retire?

That was back when my Uncles were cops and Firemen married HS sweethearts young and by 55 a full pension and kids long gone. Kids just went an inexpensive local college.

Today men and women are having kids much later. Their kids are having kids much later and college costs are insane.

When I was 55 I had a 16, 14 and 10 year old at home.

Hence the issue downsizing no longer works

My youngest graduates college when I am 67 and then wants to move home for grad school.

Then until they are married with kids I am still hosting holidays.

I thought I was an old parent but tons and tons parents my age at school.

My friend is 61 with a 13, 11 and 6 year old at home. Had last kid he was 55, wife 45.

55 year olds are still having kids and 25-30 years from retirement.

[/quote]

There are also plenty of people that age who become empty nesters, retire, and downsize.[/quote]

Yup!  Did have kid until almost 30, was done by 35, by 52 last kid was off to college.  
Sold big family home and moved into our 2 bed/2bath condo in the city.  Won't retire until kid is done with college but we could if we really wanted to, the money is ready and waiting

DOn't know about most people, but I don't want to be over 60 and still have kids on my payroll/supporting my kids because they are not yet out of college.  So we chose not to have a kid at 40+[/quote]

Also your body and your circumstances allowed you to “choose” that path. What a smug response that indicates lack of awareness of the realities of other people’s lives. [/quote]

DP here - I think it was more of a response to the poster calling us child brides for having a baby at 30. [/quote]

You are a child bride. When did you marry?

I would hate for my daughters to waste their youth getting knocked up and being a servant to some bum in exchange for when they are 55 can be an empty Nestor. You can’t be 25 at 55.

To be honest if I was a widower at 70 and met a hot 42 year who wanted a kid I have another.

[/quote]

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