Retirement: It's Not Your Grandma's House Anymore

Kristin Walter's picture
Image courtesy of “Sunday Walk” by Simon Howden at FreeDigitalPhotos.net

Active members of the 50+ community are are seeking to be a part of the real estate market in a much different way than before. Instead of keeping the family home as their parents did, they are seeking to make their dreams come true after a lifetime of dedicated work. It's time to downsize, and seek out dream locations like the mountains and ocean for the next phase of life.

Many members of the "Silent Generation", described as being born between 1920 and 1945, are certainly being silent about their retirement plans with their children. They are doing their best to follow their lifelong dreams while balancing taking care of their kids and grandkids. It's important to them to make a great investment when choosing their second home, because eventually this second home will become their retirement home.

When deciding on a new place, it is usually a lot smaller than the home where they raised their children. While it's certainly important to have a new place big enough for visitors, it's not okay to have a new place big enough for all their children's childhood memorabilia. Let's call it what it is, junk; the stuff the grown children wouldn't take with them, but still want Mom and Dad to keep for them.

Along with the Silent Generation, when Baby Boomers make the transition from working hard all those years to playing and relaxing, it's important to them they find a community where they can stay active. Community and outdoor activities like golfing, hiking, biking, skiing, and boating are just as important as places to volunteer and be of service. Even though staying active is top of mind, finding a home that has little to no maintenance, a main floor master, and close to medical facilities is also on the top of the list.

People are living longer with a higher quality of life. Retirement doesn't mean hanging out at the family home and taking care of kids and grandkids the way it did 20 years ago. It is taking on a whole new meaning. It's very exciting to watch a whole new era create the life they want, which is turning out to be completely different than all the generations before them.

If you're interested in second and retirement homes in the mountains, email me, or visit us at Texans in Colorado.

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