Just a Few Good Reasons to Retire by Erik Braunitzer

Courtesy of PDE, New York City Real Estate Agents.

It’s refreshing to hear some good news about retirement. Erik Braunitzer is an invited guest writer for Retire In Style Blog. He writes for Elliman Real Estate in NYC and has a degree in Philosophy. I think you will be interested in what he has to say.

Just a Few Good Reasons to Retire

For a majority of people, owning a home is considered to be one of the most important assets. To those who’ve recently retired, their home may be much more than just a financial asset, but rather a sentimental one at that. This is where retirement and the urge to relocate can become tricky.

It’s a tough choice, but one that should be made carefully. More commonly found in first time homebuyers, there comes regret, or what I like to call RRR (retirement relocation remorse.) But before you go drowning yourself in a pool of your own sympathy, remember that there are plenty of good reasons to get off your butt; call the most reputable relocation agency, and get moving.

Financial

One of the biggest motivators is debt. Retired workers frequently retire with payment(s) leftover, which is definitely not desirable. So what’s the solution? Find a smaller home. Not only will a smaller home cover your old mortgage debt, but also it will yield cheaper costs in the long run. Remember, gas, electric and water don’t ever get “paid off.”

For those of us without enough equity to cover the new home, having a less costly mortgage still yields greater affordability.

Sustainability

And a smaller home will almost always be more eco-friendly, considering the furnace and common appliances are updated with energy star ratings. You can feel good about reducing your carbon footprint!

Physical Stress

Although you’re feeling happier and more relaxed in your retired lifestyle, the effects of mowing and landscaping may be taking its toll. Therefore, it’s with great recommendation that you consider moving into a condo, or perhaps looking into community homes. It’s funny how the same lifestyle live during our college years happens to be the most desirable as we approach senior citizen status. Yet, it can make for a much more accommodating, comfortable lifestyle.

Lifestyle & Climate

Living in a community certainly comes with social benefits. Even more importantly, these condos or community homes are typically equipped with some of the latest in appliance technology, including central air. The greatest concern retired folks have with their community however is it’s location. Generally, people want to settle in a warmer, weather-friendly climate. Living where it’s warm is more appealing to a high percentage of homeowners, particularly for those that are actively involved in outdoor activities like fishing, golfing and simply observing nature.

Most of the above are unprejudiced, but there are varying opinions regarding things like weather and labor. Sometimes retirees enjoy staying busy by doing all the daily duties that come with owning a home, and Christmas may be a holiday preferable with snow. An even more important decision-maker is family; sometimes relocating to a warmer climate isn’t as convenient for close families. Nevertheless, there are enough unbiased reasons to switch locations, including financial benefit and sustainability. Before you consider retiring, be sure to think about all of the above with logic and love in mind.

"Erik Braunitzer is a member of the creative writing & web strategy department at PDE. With a degree in Philosophy and Management IS, he works closely with Content Developers and off-site Web Experts to maintain web relations and boost visibility for PDE. For more information on how to get your New York City Rental, visit Elliman Real Estate today! "

Links:
Down Sizing in Retirement Retire in Style Blog
Retirement Realities or What if your Dreams Don't Come True Retire in Style Blog

Five Little Ducks...stories played out!

The children's song about the little ducks leaving the nest to fly away has always been one of my favorites. Every mother has seen their babies fly away and rejoiced. Life comes full circle. Animals live that same cycle. Babies grow up. Birds leave the nest. Life goes on. So when the three ducks show up every year near my patio I am not surprised. But I am puzzled that it always seems to be the same three. Something just doesn't seem right. It appears the one did not fly away at all. Five little ducks Went out to play Over the hills and far away. The mommy duck went "quack, quack quack," Four little ducks came swimming back... And then Three Two and One. A drake, a female duck (a hen) and a not quite a drake but still not a hen gather here on the 5th green of the golf course. She leads and the other two follow along obediently. They eat, sleep, and guard each other. Each and every day this time of year they come. I have not named them. Jinxing them would be very pos...

How to be a Snowbird in 2024

Early years in RV resort! Our motor home is parked next to our first Park Model When it begins to cool in the evenings and the geese fly in formation, my mind turns to Arizona. Yearning for the desert air and vibrant blue sky is compel me to fly away. I do it every year and will as long as I am allowed. Townhome near Tucson's Pantano Wash and bike trail. We started this way of life when we retired. First with a fifth-wheel trailer, later with a motor home, and finally in something permanent that evolved over the years. First, it was a park model in an RV Resort, then a townhouse close to walking trails, and finally into a home on a small golf course. Congress Hotel from window of near by hotel. Each time we moved, we upscaled and increased our monetary wealth. That is the way our mind works. It is as though we couldn't just have fun without working a lot. We painted and planted flowers and haunted thrift stores to find just the right furniture. We were always hav...

How to be a 12 Month Snow Bird

Vacation Rental in Mexico I live around snowbirds 6 months of the year. I have heard those people say that they all want to live the "snowbird" lifestyle when they go home. But it just is not possible. They are isolated and cold. Social activities with friends and beautiful weather are greatly missed when they return to the realities of their "real" life. One couple I visited with lately returned to Florida this morning where they own a home. The woman is a nurse and works in the summer. They are not going home until May this year. It is too cold in Michigan in the spring so they are hoping to extend their good weather season by simply staying away. Besides that they love their Florida lifestyle a lot. Last week I visited with a woman that lives the snowbird lifestyle year around. No going home to the Midwest in the spring. They essentially vacation 12 month out of the year. And I thought their solution for avoiding unpleasant weather and keeping their lifestyle in...

Retire In Style Blog Too

Search This Blog