A Retirement Plan For Los Angeles Homeowners
Many people dream of moving from their Los Angeles home to a new location in retirement. When you are no longer tied to your job, you can finally take off for a warmer climate, pursue your hobbies, or simply move closer to your grandchildren. However, selecting a place to retire requires a great deal of thought and planning and requires
you to do some hard thinking about your finances, desired lifestyle, climate preferences, leisure activities, health concerns, relationships, and your general quality of life.
US News Media Group has recently released a series of articles under the umbrella title “10 Best Places to Retire in 2012”—a must-read search tool for those of you who are thinking ahead to retiring and relocating from your Los Angeles home. Each article deals with a focused topic such as fastest growing, cheapest, demographics (age, marital status, etc.), military favorites, second career opportunities, and most expensive and attempts to match you with a location that will meet your individual needs and wants.
Although the report supplies more than one possibility for each area of focus and provides much information about each one, it does select a “winner” in each category. Some surprising results include:
- Most affordable mountain home: Boone, NC
- Best college town: Ithaca, NY
- Best year-round weather: Flagstaff. AZ
- Best place for singles: Pittsfield, MA
- Best place to begin a new career: Lincoln. NE
If are like most Americans, you will first need to focus on your financial situation to make sure you can afford to leave your current Los Angeles home and move to the place of your dreams. To help you learn the answers to questions such as, Am I saving enough? When can I afford to stop working? How long will my money last?, AARP provides a calculator to help you plan your retirement on your terms. Kiplinger also offers an easy-to-use calculator in a somewhat different format. Both sites remind you to revise your figures and recalculate frequently as your financial situation (salary, house value, unexpected expenses, etc.) changes.
Whether you are looking forward to living in an historic area, a “green” community, or a college town, the planning and the search for your ideal location are half the fun. Enjoy!
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Eileen Walsh has a reputation for tough, yet fair, negotiation, and for facilitating real estate transactions to a successful close. She has earned the loyalty of repeat clients who rely on her for all of their real estate needs. Eileen's goals are to ensure Los Angeles real estate sellers that they receive top net dollar for their properties in the shortest amount of time and to help Los Angeles homebuyers find the property which best meets their objectives at the fairest price.
Empowered with the appropriate people skills, market knowledge, deal-making track record and dedication to her clients, Eileen has shown that she is THE INTELLIGENT CHOICE to represent you in your next Los Angeles real estate transaction.
For more information about buying or selling your Los Angeles home, please call Eileen direct at 310-738-3807 or via email at eileenwalsh.realestate@gmail.com.