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Cresswind Charleston is Charleston-area's BEST active adult lifestyle community. Cresswind inspires active adults to live life to the ful...

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Life at Heritage Shores is full of amenities, activities and social opportunities. When you live here, each day can be as active or laid ...

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Cresswind Georgia at Twin Lakes is a new, gated 55+ community in the metro Atlanta, Georgia area. With a focus on fitness, relationships,...

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Nestled in the foothills of the Great Smoky Mountains, Tellico Village comprises over 5,000 acres along Tellico Lake. Established in 1986...

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Brookfield Residential at Two Rivers is a brand new community designed for those 55+, and offers an abundance of opportunities for a vibr...

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Fairfield Glade, a stunning master-planned community, is perched high atop the Cumberland Plateau, and offers serene mountain beauty as i...

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What Is Your #1 Priority for a Place to Retire?

Category: Retirement Planning

August 30, 2021 — We’re curious – if you had to pick one, most important reason why you would pick a place to retire (or already did), what would that be? We realize most people probably have several overlapping criteria that go into their decision, but if you had to pick one – what would that be? You can answer the question right here and then see what everyone else is saying right away. If you select “Other”, please let us know what that is in the Comments section below. Thanks for participating – can’t wait to see the results.

For results of the more elaborate survey we did on this topic in 2018, click on this link: “Think taxes are the most important reason to choose a place to retire: better think again“.

Comments? Please feel free to elaborate on your reasons (pro or con) in the Comments section below.

See final results and article summarizing them.

Posted by Admin on August 29th, 2021

Are You a Grandcarent and Need Help?

Category: Family and Retirement

August 24, 2021 — The assumption has always been that you would bring up your children and they would go on to raise their own families. Empty nesting and retirement would follow for you, bringing relaxation and less stress. But for the 2.3 million baby boomers who are raising an estimated 2.7 million children, the days of child care are not over yet. These “Grandcarents” are often in need of “Grandfamily” Housing, and the economic and other pressures are usually enormous. This article will discuss some sources of help if this is the situation for you or someone you know.

The ways that older adults become responsible for young children vary. Often it can be pinned on a drug epidemic like crack or opiods. Adult children get hooked, have children of their own, and the grandparents or uncles and aunts have to step in to avoid foster care and neglect. In other cases there might be psychological problems, the inability to hold a job, or incarceration. The pandemic has contributed to the problem too. Whatever the cause, assuming responsibility for young children when you are in your 60s and 70s is a forbidding challenge. We even know some people in their 80s who are raising their great-grandchildren.

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Posted by Admin on August 24th, 2021

10 Most Fun Places to Retire

Category: Best Retirement Towns and States

August 23, 2021 — A successful retirement should be fun! After all, what was the point of all of those years of hard work and saving. Even more so, it is hard to be a grumpy old man (or woman) if you live in a place where fun is all around you! So here are 10 places to retire where fun is easy to find. We will concentrate here on small cities and towns, since just about every big city has plenty of opportunities for having a good time.

We found a few comparable lists on this topic, but most of them concentrated on larger cities. For criteria those sources cited nightlife, parties, and recreation. We asked some friends what would make a fun place to retire for them. Jay said fun means being able to do something different every day, or a place with good opportunities for food and theater. Ray thought fun could be just around the corner about anywhere, if you have the right attitude. Bobbie added plenty of good restaurants and regular arts walks to the list. To those we could add: festivals, culture, recreational opportunities, shows, arts, museums, civic gatherings and festivals, and ease of getting around. Being near a lake, the ocean, or mountains might mean fun for others.

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Posted by Admin on August 23rd, 2021

The 12 Largest Active Adult Communities in the East – They’re Big!

Category: Active adult communities

August 17, 2021 — There are active adult communities everywhere, and most have all kinds of great activities and amenities. And then there are the really large active communities, those with almost 10,000, or even over 130,000 residents. As for the popularity of really large communities, The Villages, the grandaddy of all, just showed up (again) as the fastest growing Metro in the U.S. So obviously, they are doing something right for a certain segment of the population.

These super communities offer a truly amazing variety of amenities and lifestyle options. Many have hundreds of clubs and a dizzying number of choices for non-stop activities every day. The problem there is not finding something to do on a given day, rather it is narrowing down the choices.

Exact figures are hard to come by, but we estimate that there are at least 10 active communities in the eastern U.S. with more than 10,000 residents. If you know of some that we have overlooked, please let us know about them! Because of their size they feature a range of recreational and social options that smaller communities generally cannot provide. Here are some of what they typically offer:

– Wide choice of sports suitable for all ages of retirees (multiple golf courses and tennis courts, swimming pools, softball, pickleball, bocci, etc.)
– Active social program with planned events on a daily schedule
– Wide array of clubs to match many different interests. Sometimes there are hundreds of different clubs
– Planned activities to enjoy such as crafts, woodworking, arts, singing, theater, etc.
– Classes and opportunities for life-long learning on campus
– Clubhouses, community centers, ballrooms, and performance venues that bring people and talent together
– Many of these communities have restaurants, stores, medical facilities, etc. on the premises
– Golf carts are usually permitted on internal roads – many people rely on them for their daily transportation needs
– Not all of the communities we list here are exclusively for adults 55+. Some are open to residents of all ages and even have schools for the children that live there. But some have distinct 55+ neighborhoods within them.

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Posted by Admin on August 17th, 2021

Home Prices Continue on a Tear – But for How Long?

Category: Retirement Real Estate

August 13, 2021 — The median sales price of single-family existing homes rose in 99% of metro areas in the second quarter of 2021 compared to one year ago. And those increases were not small – there were double-digit price gains in 94% of markets measured by the NAR. Continued low levels of housing inventory, combined with record-low mortgage rates, have caused an increase in median sales prices for existing single-family homes in all but one of 183 measured markets during the second quarter of 2021. That is according to the National Association of Realtors®’ latest quarterly report.

The median sales price of single-family existing homes rose 22.9% to $357,900, an increase of $66,800 from one year ago. All regions saw double-digit year-over-year price growth, which was led by the Northeast (21.8%), followed by the South (21.0%), West (20.9%), and Midwest (17.1%). Three of the hottest markets in the country showed price gains of more than 40% year over year: Austin (TX), Boise (ID), and Naples/Marco (FL).

“Home price gains and the accompanying housing wealth accumulation have been spectacular over the past year, but are unlikely to be repeated in 2022,” said Lawrence Yun, NAR chief economist.

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Posted by Admin on August 13th, 2021

The Best States and Towns for Retirement 2021: Tennessee and Texas Advance

Category: Best Retirement Towns and States

August 10, 2021 – It is a question a lot of people nearing retirement age have – what is the best state and town for retirement? While it is a great question, the answer is not that simple – it depends on what you are looking for. Do you mean the best retirement state for taxes, the state with the best climate, the one that offers the lifestyle you want to live, or the place with the lowest cost of living, etc. Until you know what you are looking for, it is a hard to get at the right answer. (Note: This is an update to our 2018 article on “The Best 10 States for Retirement“, which generated almost 100 interesting comments).

One good way to determine the best state for retirement is is to look at which states retirees are moving to. SmartAsset.com analyzed US Census Bureau data to explore which states have the highest retirement age net migration – the number of people age 60 and over moving into a state minus the number moving out. In effect, it is a measure of how people voted with their moving vans. Here is what SmartAsset came up with when examining data from 2019: (T indicates a state with no income tax)

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Posted by Admin on August 9th, 2021

Will Your Children Be Able to Afford a Retirement As Good As Yours?

Category: Baby Boomer Retirement Issues

Note: This article has been updated to include vote totals as of August 10. However, you may still take the poll and the results will continue to change.

August 4, 2021 — There seems to be more than a good natured rivalry going on with the baby boomer generation vs. Gen X, Y, and millenials. Often expressed snarkily by the “OK Boomer” epithet, the feeling among the younger generations is that baby boomers got lucky economically, and that we weren’t quite as clever or hard working as we might think. Those of us with children tend to be more sympathetic to younger folks’ plight, particularly when we see how hard it is for them to purchase homes and save for their future retirements. But we wonder, what do Topretirements Members think – how will their children’s retirements compare financially to their own? Will the kids have enough money to retire with a lifestyle matching your own?

We have a new and cool feature that allows you to answer the question right here in this article. Then, as soon as you answer it you can see the poll results instantly! You can provide a different answer (Other) here, as well as provide additional comments at the bottom of this article. Do you provide financial or other assistance to your adult children? Have your kids been able to buy a house, with or without help from you? Do you think that baby boomers got lucky financially, or are the younger generations the lucky ones? We are eager to here your thoughts on this complicated issue!

Note: There is only 1 question on this poll. But we really hope you will fill in more of your thoughts on this issue in the Comments section. If enough people respond, we might develop a more comprehensive survey on the topic.

Here are how the results came out as of August 10. It seem that a significant majority thinks their children’s retirement will not be as good as their own. Only 22 out of 127 thought it will be better. Please take the poll if you haven’t already, as well as Comment below, so we can make this poll even more representative.

Posted by Admin on August 3rd, 2021

When Amenity-Lite Is the Answer

Category: Active adult communities

August 2, 2021 — You have seen the glossy brochures and websites with photos of smiling couples relaxing by the pool, or tooling along in a golf cart. They sure make it look like everyone is having the time of their lives! In the real world, however, not everyone is looking for a community where the list of amenities goes on and on – big clubhouses, fancy golf courses, pickleball pavilions, hundreds of clubs, activity directors, marinas, etc. Although the amenities are what attract many baby boomers, many people just simply don’t want these extras, especially if it means paying for something they don’t tend to use.

That’s exactly what Pamela was looking for a few years ago when she wrote to Topretirements with this request: “Please consider writing an article for people who don’t want to live in an amenity-rich community, and how frustrating it is trying to buy a home because that’s all that is being built? I’d love your perspective on this dilemma and any suggestions you may have.” Pamela wrote a lot more to explain her issue and asked for input from us and her fellow Members. Wow, then, the Comments rolled in – 60 in all! We are going to include a representative sample of those Comments here, along with Pamela’s final thoughts after seeing what everyone one on this site had to say. In the end her question provided one of the most interesting discussions on this site of all time. We hope you enjoy it, and that it generates even more suggestions!

Amenity-lite suggestions

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Posted by Admin on August 1st, 2021