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Retirement Living:
Are you ready for retirement living? | |||
Visit us to get information, inspiration and interesting ideas about wealth, health and lifestyle in retirement. Through planning discover how you can be in control of your later years. There's something for everyone. Thumbnails powered by Thumbshots
AARP: Help Prevent Harmful Cuts to Social Security and Medicare Cites ‘unpredictable’ home prices...as well as seniors’ ability to pay property taxes and other home ownership responsibilities. |
Yes, the rising number of baby boomers (according to the United Sates Census Bureau...those born between 1946 and 1964) will likely have a great impact on retirement living. Many are near retirement and they will likely alter the definition of what it means to be retired.
You know what they say - 60 is the new 40 - when it comes to age and many seniors today are seeking a more active lifestyle.
Many men and women don't really want to retire, and some will work part-time for the rest of their lives. In fact, working during retirement may be considered a blessing
Other seniors view retirement as being a time where they can enjoy hobbies and other things they are interested in such as traveling the world.
In fact, here are four more great places to retire.
To serve this large market, a number of destination retirement communities have been established. You could decide to retire in the United States but have you ever considered what it would be like to retire overseas?
It was definitely a viable option and a definite consideration for both my parents and us after decades spent in countries we came to view as "home".
These retirement living communities are targeted towards seniors who want low living expenses, or who prefer to live in warm climates.
For other seniors, living close to family members is very important. Eventually, it was our decision to retire in Woodbridge, Virginia for this very reason.
While they may want to move into a place that is smaller, they will not want to leave the comfort of the communities they live in. The goal of destination retirements is to create an environment where seniors and baby boomers can relax with a large number of amenities.
Whether in the United States or overseas, these retirement living communities will often be located near golf courses, spas, hiking trails, and fitness centers. These locations are designed so that those who live there can enjoy themselves.
Westminster at Lake Ridge is a perfect example of the ideal retirement community.
My parents very nearly made the move to one of the bungalows. The houses that are built in these communities will use materials that are easy to maintain, and they will be open and easy to access. Occupants are usually older and the floorplans are designed to accomodate wheelchairs. Another plus is the fact that the floor plans are on a single level.
Their lives will be easy because their bedrooms, kitchens, and bathrooms will be designed in a way that is easy for them to use. Destination retirement communities will change the definition of retirement. Because of the many luxuries they offer, they are an excellent choice for baby boomers who want to leave their homes.
Recent polls that have been taken indicate that over 60% of baby boomers said they were interested in moving into a retirement community, while over 50% said that they would like to move to a warmer climate. A large percentage also indicate that they plan to purchase a retirement home. Despite this, most of the people who took these polls also indicated that they won't to stay close to their family members. The biggest goal of many baby boomers is to pursue interests that they never had time to pursue while they were younger. Over 60% of baby boomers said they would like to travel, while others want to spend time exercising.
But many baby boomers also admit that they would like to learn new skills or perform volunteer work. As the list of these people continues to grow, they will be looking for places which can suit their needs and interests. Destination retirement communities can allow seniors to enjoy life and pursue the many hobbies and tasks that they are interested in. Many of these people have worked long and hard for their entire lives, and will want to enjoy the things that they have obtained. Most retiring baby boomers will have large amounts of wealth, and will be looking for a large number of ways to enjoy it.
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