We have a new one opening in the winter here. It is open to 55 and older and rent payments are based on income. I have owned my mothers house for about 8 years now and since my divorce cant really afford the upkeep ,,, Im thinking about moving to the retirement community and renting this house to my sister. Any thoughts on this? Any comments or suggestions appreciated. I have been depressed since I moved into this house last Oct. I need a new start.Maybe this could be it?
2007-08-18 06:53:37 · 11 answers · asked by ncgirl 6 in Society & Culture ➔ Cultures & Groups ➔ Senior Citizens
Please be very careful in what you do...there are retirement places, and then there are retirement places.....too many of these people have retired from life in general, cranky, waiting to die. Siezure World (Liesure World) seems to vary from place to place. Here, the folks are very active, in others it is ambulance run.....I am not so sure I would want to live where all those about me are dying.
I agree with you that perhaps it is time to consider an apartment, but .... again, this is a crap shoot. I would be very careful about renting to your sister or any family member...there may come times when "I don't have the rent" problems start, and you will be able to do nothing about it! Again, consider your options carefully. IF you visit this place, make sure that you meet and talk to those living there..they will give you the low down on the joint, no punches pulled. IF the majority you meet like the place, and IF you like that majority, you will be happy there.
2007-08-18 09:18:18 · answer #1 · answered by Anonymous · 3⤊ 0⤋
Since our house is about only a year from being paid off, and since our idea of Sheer Hell is any kind of group activity or planned outings, games and other social events, we will spend the money that soon is to be freed up from No More House Payments on housekeeping help until the last one left standing can't cope...and then go to an assisted living place...and from thence to some Chateau Pampers. While still frisky of bod and mind, tho Ancient, we both prefer solitude until the very last possible moment. My church is in a retirement community and I've seen more than I ever want to see of Organized Living...it's like a big gulag with hydrangeas & a community barbeque pit. As I used to tell people who asked me what I'd do when I retired, just give me a library card and a warm dry place to sleep and don't make me join anything.
2007-08-18 14:21:34 · answer #2 · answered by constantreader 6 · 0⤊ 0⤋
I just moved out of a retirement community. It was a 55+ mobile home park. I moved there because I moved my mom there right after my dads passing. I was there for a little over 3 years. I was 60 years old then. At first I enjoyed the peace and quiet. But after awhile it was TOO quiet. When my grandchildren and nieces and nephews came to visit, they were so restricted. They couldn't make any noise when playing out side for fear of neighbors complaining. They couldn't go to the pool if occupied by tenants. There were no neighbor kids for them to hang with. Besides the grandchildrens restrictions, I missed being around young people, families, and the sound of children playing. Now I live in a Family Home Park right across from the pool and basket ball court. To top it off the property next door to the park just across the street from me is a small Day Care Center! I love it! If you are like me, young at heart and love children I don't recommend a 55+ community. But, if you want to escape from the noise of family life and children I highly recommend it. Along with your rental payment most 55+ communities offer a lot of fun activities such as Bingo, Pot Luck Dinners, Vacation Tours, our community offered tours to local Casinos as well as Las Vegas. And, they offered Cruises over seas. And, Museum Tours, all at wonderfully discount prices. They also had organizations to join such as Red Hat Ladies. If you are into that sort of thing it can be fun. A 55+ community has it's pros and cons. It all depends on you and your personality. Check the new community you speak of out. Read up on the brochures they have to offer and give it some serious thought before making your big move.
2007-08-18 07:21:40 · answer #3 · answered by Vida 6 · 0⤊ 0⤋
Hello, I would definitely visit here again before thinking of moving back, and make sure it is still the same. The town I grew up in used to be a great area. Now it has changed drastically. It is not safe to live there any more, and has a high crime rate now (where 40 or 50 years ago when I was young crime was almost unheard of ..,. Now it is a city, many more who dont care have moved in, neighborhoods have declined, and it is not the same at all. Safety is very important to me as I grow older. SO it does sound wonderful but I would still go for at least a couple weeks to check it out. THey say "you cant go back to the past" but maybe in this case you pretty well can. It sounds ideal Good luck. Go where your head leads you and where your heart will be happy. Take care.
2016-05-22 03:21:25 · answer #4 · answered by ? 3 · 0⤊ 0⤋
This opportunity to move sounds like just what you need. When one door closes, another one opens. Moving into this new retirement center will take the burden of upkeep off your shoulders, where you're living now, especially since you can't afford it. I'm sure a new start for you will bring you some peace of mind. New beginnings can be exciting. Best of luck to you. :)
2007-08-18 08:42:43 · answer #5 · answered by Shortstuff13 7 · 1⤊ 0⤋
That is a dream of mine, Path isn't cleared to do so as yet,
Is what you speak of goverment funded? We have a few of those here. They are iffy some times if they are too big,
One place here has too many problems with unruley tenents
mostly in the 55+ rage. Also the paper work to get in is extentsive, Your total assets have to be shown, own home,
rent income, savings etc. etc. If you and your sister can't live together, you might think to sell it, rent verses up keep, Ins.
property tax. Good luck.
2007-08-18 09:15:06 · answer #6 · answered by jenny 7 · 1⤊ 0⤋
I am living in a good retirement community. All things being relative I like it. It is well maintained and well managed. There is a nice community center where we can enjoy lunch and gossip three days a week. So that is mine. Like any rentals it is comfortable or not dependent on the management. For me this means they stay out of my life and get repairs done on time. Leases are controlled by the government so they are universal. The thing to watch for, from my prospective, is management that is not on a power trip respects your privacy and does not talk down to you as if you are demented or a two-year-old. Get passed that hurdle and it is good living for the price. Expect limited space, not good for those who collect stuff.
2007-08-18 09:34:16 · answer #7 · answered by Ray T 5 · 1⤊ 0⤋
Lord no! I even get depressed when I make the occasional visit to one of my community's senior centers. A room full of folks narrating their latest surgical adventure, griping about the youth of today or trying desperately to act like high schoolers in vain hopes of re-capturing their younger days.
It's O.K. to rent that house out to your sister. But, go and buy a condo or coop and have folks younger than you around you.
2007-08-18 08:36:05 · answer #8 · answered by desertviking_00 7 · 0⤊ 0⤋
Don't know where you live, but you might want to reconsider, bcause of Cap;ital Gains tax. If you want to sell it and have not lived in it for 2 years prior to the sale, you will be stuck with Capital Gains tax. As a single person, who lives in their house and then sells, you are allowed $250,000 exemption until Capital Gains kicks in. Or sells and buys another house within a two year period.
2007-08-18 10:23:51 · answer #9 · answered by Moe 6 · 0⤊ 0⤋
Perhaps. I would surely check it out thoroughly before making that step.
Best wishes on this search.
2007-08-18 08:44:00 · answer #10 · answered by Anonymous · 1⤊ 0⤋