Do You Plan to Stay in Your Current Home for the Rest of Your Retirement?

SeaBreeze

SeaBreeze

Endlessly Groovin'
Location
USA
We're very happy in our home for almost forty years now and plan to stay here for the rest of our years in retirement. How about you? Will you be staying where you are, or moving in the future to either downsize or join a retirement community?
 

We live on a farm & I suppose the day will come when we will be forced to move into something we can take care of. We owned a home in Ohio and got our kids raised and on their own. DH inherited this place and couldn't afford to keep both places going so sold our home and moved back here. I'm from the city but Dh was born & raised here so figured he would be happier here, so here we are for the present. Who knows what the future holds.
 

I have a two year plan to pare down my possessions and move from my current third floor, two bedroom apartment to a ground floor apartment with more amenities for older folks.

I feel that if I work towards lightening the load over two years it will be less stressful and I'll be better positioned to take advantage of a deal when the time comes.

Long term my hope is that someday they will find me dead on the floor of my little apartment, if that doesn't happen I will probably check myself into an independent living facility and wait for a ride to the cemetery.
 
Purchased my current home almost 3 years ago because I refused to see her in a nursing home. She has since passed and I find that I really don't like this town. My loan was a 100% VA loan and it seems that I may be in the only place where home values are decreasing, so although I would have made no other decision for mom, no good deed goes unpunished.... Total monthly payment is less than $400/month and it's in nice shape, but west Texas small towns are home to me. Lived in Balmorhea, population 280, Barstow TX, about the same and neighbors truly rely on each other. Seems like in this town neighbors are more of a necessary nuisance. If they find oil or gas under me (like they did out west) I will sell and head west in a heartbeat.... Never felt so lonely here with so many people in town. Be different if I was drinker, smoker, or player......
 
Yes, I'm staying right here ! We actually watched it being built and it's a lovely home on a hillside
with a 180Âş panoramic view of the San Gabriel mountains and the Pacific Ocean. Why would I ever want to leave?!
 
I have a one family house in NJ.
Probably going to look for a condo soon with no stairs.
I love the house and the back yard but a Jewish temple behind my property is becoming an issue for me.

I would have liked to stay another 5-6 years but may start looking this spring.

We also have a small condo in Florida for the winter.
We'll keep it until the travel becomes an issue.
 
I would like to stay in my home if possible. It is a ranch so I have only two small steps in the front and back and they are not steep. We have a basement with quite a few steps. It really isn't cluttered at all but I am slowly working on getting rid of items so I won't need to go down for anything. Our washer and dryer are on the main floor. We have electric heat so if I can't maintain all the rooms,I can turn off the heat and close the door on the extra rooms. I don't want to live with my kids even though I know I would be welcome. I need my own private,quiet space.
 
I have my Hawaii house for sale as we speak. Going back to mainland, probably Arizona. Then in 9 or 10 years (I'm 70 now) I'll move into a "senior housing " facility and spend my final days chasing the young lady nurses...
 
We plan to stay here, out in the country, until/unless our health begins to dictate otherwise. So long as I can keep the grass mowed, etc., I dread the thought of moving into a crowded apartment environment. I suppose the deciding factor will be if/when driving becomes a problem.
 
Nope. Five or six more years in this house, at most. By then I won't want to maintain the house and yard, and it may be time for a condo in a senior community. But, who really knows?
 
Both sets of our parents moved themselves into a CCRC. Their children spread out across the county and they didn't want us to worry. Both places offered independence as long as they needed it and took really good care of them as time progressed. My father moved in at 82, just turned 92 and is doing well - nice for him to socialize at dinner and be able to do things with others. His wife is in nursing care - close enough for him to see her everyday yet not have the burden of care on his shoulders.

My husband and I plan to do the same thing. We have moved around all our married life - following work. Soon we get to chose for ourselves. We are house hunting near the CCRC where we hope to end up but aren't quite ready for yet. A CCRC is expensive but our sons are spread across the country and we don't want them to worry either.
 
We have been 51 years in our three bedroom brick veneer house and plan to stay here until one of us needs more care than the other can provide. Then we will both move into a seniors hostel with the future possibility of nursing home care.

We are having difficulty with home maintenance now and need to employ people to do the outside work. Some charge outrageous amounts and we are looking for a reliable person whose rates are fair and reasonable.
 
We currently live in a large, 2 story home (3000 sq. ft.) and our 4 kids are still at home (ages 17, 15, 14, 10). We can't WAIT until we can downsize. My husband is facing a scary health ordeal at the moment, so I'm needing to stay grounded in the here and now. But if we are blessed to still be counting days together at his retirement, and if we can handle the move, we fully intend to move to the Albuquerque or Santa Fe, NM area (currently in the Midwest). A 2br home or condo will suit us just fine.
 
Nope. Like Myquest55, we have no fear of CCRC or senior living facilities. Moved my MIL into a CCRC and altho she was reluctant at first (and never stopped missing her old home), she ended up much happier. Made many friends among both staff and residents. They took such good care of her, too. We investigated a number of places before picking one as perfect for her, and it was.

Our current home is set up as we like, having been extensively remodeled over the years. But it could never be our "forever" home. We knew this to begin with; it's architecturally impossible to retrofit it for universal access without massive expense.

At age 56 I broke my leg in a compound fracture and it was FOUR MONTHS before I saw our master bedroom again. The day I could finally manage the stairs I felt like we should be shooting off fireworks to celebrate, LOL.

Retirement comes in phases, because old age does. I am not going to want to hassle with the gardening and housework and maintenance issues in another 5-10 yrs. We will either sell this house, or rent it to friends (we know a couple who would dearly love to do a rent-to-buy option, which would be easy for us to arrange).

We don't need the money from selling it, fortunately. We plan to move into a CCRC or maybe even out of state. Will be exploring a couple of places in the next few years to see if they might work out for us. We'll see; lots of options out there.
 
I'm in a 2 bedroom, 1 bathroom, 1 garage villa, with no steps. Been here for 22 years now. I intend to stay here until I can no longer care for myself. I have a bus at the door, for when I can no longer drive, and I have a man come in to do the lawns, maintain the gardens and change a light globe whenever necessary.

Like Warrigal, I found it was very hard to find someone who didn't want to charge an arm and a leg to do what really amounts to less than about an hour's work, once a fortnight. I had quotes anywhere between $Au45 and $Au100 per hour. The fellow with the cheaper quote turned out to be very unreliable, and amazingly, so did the dearest.

I now have a man who charges $50 per hour, turns up on time every time, and does a very good job.
 
Our house is paid off and we plan on living here until the end. After 30+ years, I have grown fond of the place, even with it's repairs from time to time. Most of the people on our street have been here as long as we have.....so we are all old! We all look out for each other. Plus my daughter and her family live a block over. Win Win!
 
Moved into my retirement home in Dec 2015. A patio style with small yard on the golf course. Being a golfer.....I'm in heaven. This is it for me unless my health declines down the road and I need to live in an assisted living complex.
 
Yes. I've lived here for going on 46 years. I have owned this 2 bedroom apartment in a co-op development since I was 24 years old. Even though we just had a $100 a month increase in our carrying charges, our expense to live here is actually about $400 less per month than what it would cost to live in public senior housing and about 56% lower than comparable apartments in the area. The co-op boards succeeded in keeping our expenses as low as possible over the years. Our mortgage is paid in full but when that happened the PILOT (payment in lieu of taxes) program ended and the taxes have gone up big time. We also have a walk score of 98% and are in a transportation "hub". We have a short walk to restaurants, financial institutions, government offices, trains and buses that will take us to or connect us to what will get us just about anyplace we need to go, including the airport. Amazingly I can take buses that let me off right at the door of or just across the street from all but one of my doctors. Uber service is also available here. My husband still drives but it's good to know we have all those options if needed. Crime has become an issue in our city but we live in a relatively quiet and safe neighborhood. Unless something major or catastrophic happens, I (we) intend to stay right here.
 
We live in the country on small acreage. No mortgage. I'd like to move into town but husband likes it where we are. Also housing in town is more expensive. I'm not sure what will we will do.
 
Diva, your place sounds ideal for active seniors!
Iodine, country living is also ideal!

Do I plan to stay in my current home? (condo) Only if I'm lucky.
 

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