If you are a “Baby Boomer” thinking it is time to sell your home and turn your equity into a nice nest egg, you find The Baby Boomer’s Guide: Where to Live Next a huge help. It will inspire you, if you are wrestling with making a lifestyle change and feel overwhelmed at the thought of selling their family home, organizing a move and choosing a destination that will meet all of their needs.
Baby Boomers ( adults 50+) don’t see the options of previous generations as a good model. Instead, Boomers are redefining the idea of “retirement.” Retirement used to mean quitting work, and riding off into the sunset to play golf, cards and splurge for the “early bird special” at a nearby restaurant.
Since Boomers have redefined each life stage they have passed through (they invented the “helicopter” style of parenting) it is no surprise they are redefining “retirement.” As healthy, engaged adults, Baby Boomers don’t want to quit work all together, they want to continue to be active and intellectually stimulated. Another big difference is that they want to live amongst people of all ages – not just other “seniors.”
These trends are shaping the lifestyles choices Boomers have for their next phase of life. Instead of sitting back and withdrawing, Boomers view this life stage as an opportunity to take on new challenges, embark on new careers and volunteer for programs that are in tune with their beliefs. Most are seizing the moment for creating their “second act.”
This guide can be bookmarked, dowloaded and shared with friends for your future reference. It lays out many options with tangible solutions to help you determine what your “Second Act” might look like.
In addition to knowing where life will take you in the next stage, its important to get a sense of what your home is worth so you can plan accordingly.