Has COIVD pushed you close to retirement?
6 years ago
last modified: 6 years ago
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Need advice on buying vacation/future retirement home close to be
Comments (21)To clarify some things about our ideas to buy on Isle of Palms - while we're going to hold off on buying, and may not ever buy on the island itself, the area around it seems to be exactly what we're looking for our retirement years. The island is less than 13 miles to downtown Charleston, and only 20 miles to the Charleston Int'l airport. Even closer than Charleston is Mount Pleasant, about 4 miles away (across the Inter-coastal waterway and a marsh), which has plenty of shopping, restaurants, medical care including a decent hospital. In addition to wanting to live close to the ocean, we want to live near good medical care (this is most important), shopping (I'm not going to stop doing DIY projects on any home I live in until my body gives out - it's my hobby), airports, etc. I love the beach - every vacation we can we go to a beach - we've visited many of the east coast beaches over the years - I never get tired of it. My husband loves salt water fishing. We have a boat that he takes onto the Chesapeake Bay all the time to fish, and we go tubing on the Potomac River with our grown kids and grand kids (who are still very little). We've planned on retiring to as close to the (right) beach as possible for at least 20 years and I think it's safe to say that we're not going to change our mind about that between now and when we actually retire. And I definitely don't want to ever live someplace rural again - did that as child and have family still there - definitely not for me. Even if we were young I don't want to live in a place where there aren't plenty of doctors, including all types of specialists, and I don't want to live someplace, where if one of us was in the hospital, the other would have to drive over an hour back and forth. I'm honestly surprised at how many people I know who retire who don't care about that aspect at all. So - given what we know we want/need, we've been considering all the areas close to the Atlantic between Wilmington NC and Jacksonville FL. A few years ago we visited every place that even seemed to come close to what we want. But when we were looking before our income and savings were a fair amount less than they are now, and housing costs and interest rates were higher, so it limited where we would be able to afford to buy, so we didn't consider some of the areas we could afford now. And this is a retirement place we're talking about - being able to vacation in it before retirement is a bonus. We could wait until we retire to buy, but as I said in the original post, I don't want to miss an opportunity to buy while the prices are low AND the interest rates are low. But I do think we need to slow down and take our time - visit and stay there during different seasons, including the heavy tourist season, and make sure that it's what we want. We may find that living on an island/beach itself is not that great and that we should go back to what we always considered to be our only option - living on the mainland, but close to the beach. People seem to think that prices will be low for a while - I don't want to buy and then see prices drop even lower - and that interest rates will be low for a while too. So I realize that there is no rush - but I still don't want to kick myself years from now for missing any "deals of the century". I know this was long - sorry about that - but I think my first post gave the impression that the whole idea of buying at/near a beach, and this one in particular, was hurried and not thought out. While rushing into it right now is undoubtedly a bad idea, I don't think the concept of buying a home sometime soon for retirement in a few years, if the prices and interest rates are really low now, is a bad idea....See MoreWondering if anyone has done this in retirement.
Comments (49)The posts about traveling alone brought back memories of our first year/winter being campground hosts. A lady pulled in with a mini motor home(class C) and told us that she, along with her husband , had been going to Florida for many years. They were from Illinois and that year had gotten partway to Florida but she woke up one morning to find that he had passed away in the night. She stayed at a town long enough to get the necessary papers and to have him cremated, then she continued on her way. She was the sweetest lady you would want to meet. It amazed me how she was able to handle everything on the motor home . Of course, all she had to do was ask for help and everyone was there for her as they knew her so well. She came back the next year while we were there and we heard that later she was host. The Rangers were always driving through keeping an eye on things. I never forgot that lady though! :)...See MoreIdeas - Designing retirement home - What would you include?
Comments (35)Agree on maintenance. As for the toilet thing - enough room around the toilet - but not TOO MUCH room so that you can install a grab bar if necessary. Toilets that are ADA height at GREAT. And I also prefer ones with smooth sides that are also called 'hidden trap' - they are all smooth and don't have exposed bolts / covers and don't collet dust / crud around the base. Also - way easier to sit down / get up. My new build has 2 bedrooms that connect to the master bath. That could be separate beds if a spouse was a loud sleeper - or also could be used by a caregiver. I am going to have hard surface flooring (mostly a dog decision) but the hardness can be mitigated by having some decent "indoor shoes" (that can also help with things being slippery, etc). I have no steps from garage to house, nor from house to outside. I have 36" wide doors everywhere. We recently installed the metal door frames and it's weird now that that feels SMALL! We will also have the ability to put grab rails anywhere by using 3/4" heavy duty, marine grade plywood behind all our showers. Sheet tiles / large format porcelain / sintered material, etc. and a zero threshold shower. Handheld sprays. A tub with a ledge so you can sit and swing your legs over - but the shower is the key - it will actually hold a bathing chair AND a caregiver. My inlaws had care 24/7 for a few years. They also had a 1620's historic home. While it was their dream ho me, it was sad to see how the usable portion continued to shrink as they could no longer handle the stairs. My parent, OTOH, have a single floor condo, with a garage and a stair lift that is now allowing my Dad to be super mobile while he waits on his knee replacement surgery. It was a Godsend after Mom's hip replacement. (It also works fairly well to send up the groceries...). While their straight stairs are a design no-no, it worked well for the stair lift. I hope the best set of decisions we've made center around very low maintenance materials - metal roofing, concrete exterior, windows that are large, but not super tall, a plinth around the house to facilitate cleaning / spiderweb removal, accessible systems for HVAC, water heating, home automation, etc. Home automation that will work more and more with Alexa, Google home, Siri, etc may come in handy, too. For the kitchen - induction, as well as ovens that the doors open TO THE SIDE with ballbearing slides for the racks to make removing items easier and safer....See MoreHas a business that you liked closed due to Covid 19?
Comments (51)Alternative Reality, denialist thinking still much in evidence - and not just on this forum. On the way to the bank I had to pee so I ducked into the green grocery I like. Shoppers everywhere (as in too many to maintain adequate distance) even though they had a roped entrance with an employee sitting there, supposedly limiting and regulating the number of people in the store at any one time. After hitting the restroom thought I would grab a few items while I was there. Nope, checking the deli section I saw a tallish man leaning on the bussing station looking at his phone with his mask off his nose - this put him in a position where he was exhaling out into the main walkway through that part of the store. And so on - I soon fled without doing any shopping. Walking back to my car I saw three people standing and talking at close quarters not far from where people coming from all over the lot converged to enter the store. No sign of masks on the talkers, I got the impression they might not have been wearing them the whole time since the pandemic started - there actually are people around that still refuse to wear them at any time. And the body language of these three projected an attendant attitude, as though they had gone there intending to walk in without masks only to encounter the mask required signage and the woman in the chair....See More- 6 years ago
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