The Secrets

Retirement Living Options

As an ever increasing number of baby boomers head into retirement, many are seriously assessing their retirement housing options. Some prefer not to venture too far from family and friends while others are keen for a sea or tree change. If you are retired, or are on the verge of retiring, you may be considering the option of modifying your family home and ’ ageing in place ’. However, a significant number of retirees have already recognised the many advantages of moving on. These boomers have recognised that the family home is now larger than their current needs and comes at a high cost in terms of expensive utility bills and tiresome maintenance. Those embracing the downsizing phenomena get to enjoy a new property that is more manageable and accommodating as they age. Many have bought into communities that have the benefit of added security and companionship. For some, selling - up allows them to release the equity in their home in order to fund a new lifestyle, giving them the chance to travel and do all those things they ’ ve previously never had time to do. If you do want to move, the choices had previously been somewhat limited. You could move into a smaller home, an apartment or a retirement village in your chosen area. However, there are now greater options.

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