According to a survey by the financial firm Merrill Lynch called Home in Retirement: More Freedom, New Choices most retirees report that they do not have to worry about home-related financial issues. For example, 70 percent of those surveyed have paid off their mortgages, and 65 percent say they "are now living in the best home of their lives."
Compared to other Americans, retirees are "more likely to say their homes are comfortable, in a safe community, and a great place to connect with family." They are also more likely to agree that they are now living in a part of the country with pleasant climate and weather.
|A kitchen built for a Queen ...|
Anyway, while many of us get away from the cold in the winter (or the heat in the summer), many others are content to stay right where they are -- especially if their home is on the range.
|... with a spectacular view!|
Meanwhile, Kathy Gottberg at SmartLiving 365 offers up 7 Pitfalls to Avoid When Rightsizing Your Home. She refers to a friend of hers who is currently in the midst of selling her long-time family home and moving to a smaller place. The friend "gets" many of the benefits of rightsizing, but several issues keep popping up that give her pause.
That's completely normal, writes Gottberg, because in many ways rightsizing is contrary to what most of us have been taught, which is that bigger is always better. The good news is that once you know what to keep in mind, rightsizing not only becomes the easiest choice, also the one that leads to the greatest benefits. She offers seven "don'ts" we should follow when considering a move in retirement, including two that hit home for me: "Don't buy a house just to store your stuff" and "Don't buy where you've always lived just because you're afraid to try somewhere new."
Meanwhile, back in the kitchen, Rita Robison on The Survive and Thrive Boomer Guide, writes that Scientists Recommend Throwing Away Nonstick Cookware, as well as other products with waterproofing chemicals, such as raincoats, stain resistant carpets, and pizza boxes. The statement by the scientists cites evidence that perfluorinated compounds are linked to cancer, reproductive harm, and other health problems and that they don’t break down in the environment.
But as fond as we are of our homes, not all of us are content to beat around the kitchen and the yard. Meryl Baer of Six Decades and Counting has been spending a lot of time traveling recently -- once again on the road and journeying cross country. In Travel Yesteryear and Today she ponders the troubles of today's travelers compared to the hardships of the pioneers venturing west over 150 years ago. The surprise, she says in her lighthearted post, is that not all that much has changed. Bad weather remains a problem. Indian raids have been replaced by TSA checkpoints. Wagon train traffic jams out of Missouri have been replaced by . . . well, you get the point. Take a short sidetrip to her essay to appreciate her wide-angled view.
Finally, as you may remember, I sometimes write a column for U. S. News "On Retirement," and so you can see my perspective on the housing issue in 7 Baby Boomer Housing Trends to Watch as well as Where Retirees Want to Live Now.
Anyway, no matter where you may be this Memorial Day weekend, please remember those who gave their lives while defending our country . . . and then go ahead and enjoy the traditional advent of the summer season.