NewRetirement Retirement News Digest : Easy living just took on a new meaning...
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Easy living just took on a new meaning...

Real estate companies are apparently begining to cater to the soon-to-be retired set, according to this article by RISmedia. The baby boomer generation, with their kids leaving the house, are now looking for more manageable homes to live in. While this may always have been the case, the difference here is that real estate developers are reacting.

The article quotes new figures for retirement and active living communities in the Washington area, among others. Many of these are being called "age-restricted" communities, meaning nobody under 55 allowed. This should serve to keep residents more active, giving them people their own age to be around, as well as keeping the all-night parties on Fridays to a minimum (though perhaps not).

Retirees with large amounts of capital in their family-sized homes should perhaps consider this new trend as an option. As the article quotes, many retirees "want to stay active without spending too much time on their house." And after all, after working so hard for all these years, who could blame them?

Published Friday, September 30, 2005 7:06 AM by jberman
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