Retirement Living

Live the retirement of your dreams

One major part of the retirement process is choosing where you want to live when you retire. This is a decision you get to make based on your individual needs, preferences, and desires. No one solution is appropriate for every person, which is why we want to ensure you are equipped with the right resources to make the best decision for you. Essentially, it comes down to a few basic options, each with its own unique set of factors to consider:

While your home is comfortable, familiar, and private, continuing to stay there can come with additional expenses that you may not have planned for. When you throw in rising property tax rates, ever-increasing HOA fees, and utility costs, it could be just as expensive as living in a retirement community. However, growing old in your own home has never been easier, facilitated by modern resources, technologies and services. If staying in your own home is part of your dream retirement, we can help you evaluate your options when it comes to:

• Reverse mortgages
• Cash out Refinances
• Sale-Leaseback agreement with your heirs
• Renting a portion of your home
• Long-term Care Insurance

Retirement communities have garnered a bad reputation for being only for the sick and feeble, but these sentiments are unfounded. We have many clients that are living out their best years in vibrant communities, with new friends, in beautiful locations, assisted by wonderful staff. These communities have a range of living options so that, depending on the life stage you are in, you can choose the type of facility you need.  If you are interested in retirement community living, we can help you evaluate your options when it comes to:

• Buy-in choices
• Budgeting for monthly living expenses
• Medical considerations such as:
  • Benefits of facilities approved by Medicare
  • Benefits of facilities that accept Long Term Care insurance

If you are lucky enough to live near your family, you hopefully understand how special that can be. For many people, a move closer to loved ones might enrich your family life in a whole new way, while providing retirees with additional emotional, economic, or physical security.  If you are interested in moving closer to your family, we can help you evaluate your options when it comes to:

• Buying or Renting a home in a new community
• Renting vs. selling your current home
• Multi-generational living arrangements
• Evaluating retirement communities in and around your family’s location.

You always dreamed to move back to that city you fell in love with as a youth, but never had the chance. Perhaps your bucket list has grown to the point that you want to travel most of the year, but you don’t know how to make that a reality.  Just because you planned for your retirement in one way, doesn’t mean you have to stick to it.  If you are interested in throwing your retirement plan out the window, we can help you evaluate your options when it comes to:

• Downsizing your home
• Living Abroad
• Short-Term renting your home
• Buying a pied-à-terre

Regardless of the kind of retirement you envision, there is always some planning involved. We can help you to evaluate your choices and make the decision that is right for you, so you can live out your post-retirement life happy and stress free.