It
never fails to amaze me how quickly times change. In recent years, the trend
has begun to swing the other way. More and more often, I’m seeing retired
clients who are ready to sell their suburban or rural homes and purchase
something right at the heart of the city.
What’s
the appeal of an urban retirement? Well, there are the usual suspects: arts and
entertainment, restaurants and shopping, social groups and recreation, all
right at your doorstep. For baby boomers who have spent huge portions of their
lives driving to and from work, ditching the car and hopping on public transit
feels like freedom.
Yet
another big draw for some retirees is that the city brings them closer to
children and grandchildren. For those who are widowed or divorced, the city
often offers greater possibilities for making connections with others. The
simple truth is that where some people find comfort in quiet surroundings,
others find isolation.
Finally,
some are attracted downtown for the most practical of reasons: you can’t beat
the big city for health care. Even if they’re fit as fiddles, today’s retirees
are taking the long view.
I
don’t want to overstate it: many boomers still embrace the classic ideal of the
fishing boat, a heap of novels and gorgeous lakeside sunsets. But many others
are suited to cottage life for just a few weeks a year. These clients tell me
that they finally have the time and energy to pursue all the interests that
have been on the backburner for so many years –
whether it’s seeking out live jazz, exploring world cuisine or joining a
racquetball club. And no place offers them more than the vibrant, ever-changing
city.
I
suggest you examine your own retirement dreams – and have fun doing it!
Marnie Bennett, Broker
Visit www.bennettpros.com for all your real estate needs.