As a professor, I truly appreciate that Sean mentioned many adult learners seeking new careers or new training over 50 years of age. Yes! Thank you, Sean. More people need to hear this because there are wonderful opportunities for career changes at every stage of life.
Hello from Canada. Hope to retire in Florida in the future. So, usually I'm not a "Sean Fan" and I tend to skip some videos. But I have to congrats Sean on this one. He shared very good information and I see he knows his stuff as a realtor. You got me and I would choose you as my future realtor. Good job Sean.
A lot of us in the “hippie” generation were forced into retirement by lay-off or employer bankruptcy. Most of us could not find employment at 59-65 except at Walmart or Home Depot. That does not pay the bills honey. We were lucky because we had paid off our mortgage. So these are things we stressed with our children. Pay your future by saving as much money as you can. Build your credit by paying bills on time. Buy that house as soon as you can & work at paying down that mortgage. It could make the difference between being comfortable or homeless in your latter years.
This was a great vid! Thanks for sharing. If we had known that you didn't need to be 55 to live in a 55+ community here in Canada, we would have bought in. Currently early 40's, but bought in our mid 20's. We like our peace and quiet and live a pretty chill life so many of these communities are ideal for us.
I am 66 and starting to think about a 55 and up community. I will be close to 70 when I actually make the move. Please consider the “and up” in your future videos. Thanks for your helpful input.
Yeah I'm with Pete. My husband is 56 and I'm 54 and we were not interested in a 55 and up community. I think it's great for people that are social we're not LOL! We both work from home and when things were normal we are out doing our own thing. We also didn't want to live in a community with a pool we wanted to have our own pool. Our daughter is a college student living at home as well so we needed a single family home. I agree there's a lot to think about before making a decision.
Two separate neighbors on our street in the Atlanta suburbs have moved to The Villages and really love it. They're full time residents, and keep trying to get my mom and dad to move there too.
Thought this was a Retirement in Orlando episode??? It went off the rails about 55+ communities. Would be good for that type of topic, so maybe rename the video? Was expecting a full-on retiring in Orlando topic, where to retire to in the Orlando area, FL state details about Retirement vs other States, etc, and also a good discussion on what it actually means to Retire in Orlando with the theme parks so close by and all the fun you'll have along with the headaches or lack thereof being so close to the Magic and enjoying life. Hoping you guys do a proper Retirement in Orlando type vid in the near future, but can't complain too much when new vids come out from the Dis team!
Additionally, HOA fees are usually very high in 55+ and retirement communities. Some are 20%-30% of mortgage payment, which can be a significant concern for budgetary purposes.
I’m looking to move into 55+ community when I reach that age group. I don’t want any yard work, want community pool and activities close to home. To be around other people and have social activities to engage in. Also want to be near Disney. 😎🌴
I'm not sure recommending a reverse mortgage (23:40) is the best advice for a real estate agent to be making. Maybe instead leave this to the persons financial advisor.
My mother died at 90 yrs old and she said at 89 that she would never move to a senior community because she didn’t want to be around a bunch of old people! She said she likes to see and hear kids and families on her street and not hear the complaints about aches and pains and see people dying. She and my father lived in their own townhouse in Vegas until they passed. Fifty-five and up communities would never be for me as well
I am 43 and my husband is 48; I am hoping to move to 55+ community in 10 years in either FL or AZ. The homes are kept up well. In AZ, the taxes are low in 55+ towns (no schools).
Agree with Fiasco. Everything we found in our price range that wasn't junk was 55+ lol. Not just here but also in some other states. When I hit 55 I will have a much bigger selection. But have no desire to retire either. My job adds lots of positive experiences to my life and I get unmotivated/lose energy when I do not have work. Thank you for an interesting video.
Moved into a 55+ community 10 years ago. After 35 Years of mowing the lawn, snow removal, climbing stairs etc. I had enough. I have great neighbors with whom we share even in these pandemic times. One level home that is actually larger than the home we raised our two children in - go figure. We do have HOA which covers pool/bocce court , clubhouse, and landscaping. I believe this was a solid choice for us, but to each there own. Love this show!
Me and my husband are not looking for 55 + we just want a 4 bedroom with fence and pool. We want to move to Florida in a year or so. I am retiring after March 2023. We want to be no more than 1/2 from Disney and we need a Trader Joe’s no more than 1/2 he away also , right now that’s we’re my husband works . We are coming down either end of April or June 20th week to look around. What should we start doing . Thanks
I’m not 55 yet (close but not yet). I am torn between the 55 and up communities vs all age communities. The one thing that really deters me is I keep hearing that the 55&up are very gossipy. Also, I am very active as is my husband who is pushing 60. (He lifts weights and is in great shape!) I’ve also heard the older retirees - maybe mostly the women - are not very nice to the younger ones. But the communities themselves are sooo nice. To me it looks like living on a permanent vacation and that really appeals to me. One tip I read that makes sense - if a 55&up community appeals to you, purchase in a brand new community then you can grow old at the same time as the neighborhood, whereas if you move into a more established neighborhood, it is likely your neighbors will also be more “established.”
Great episode! I too am in the 55+ category but I agree with Pete 100%. I am not a fan of the 55+ communities for many reasons, but mainly because of the lack of diversity.
im to young for 55 and to old for x gen being 46 and playing to relocate to disney world july of 22 i have worked in a factory for 20 plus years im ready to live my disney dream
For my husband and I (technically in the retirement age group) we aren’t drawn to 55 and up communities. The HOA can often cover some of the maintenance stuff we don’t want to deal with and we’d prefer to live in a more diverse and vibrant community as opposed to a place where everyone looks like us. I do think it’s important to realistically look at things like can you live on one level if you need to, do you need to climb stairs just to get in your front door etc..
I am 50 now with teenagers and a grown adult in NJ. My main problem is that the money I owe for this house, is less than its value. My husband is in a nursing home for cancer care so I'm shouldering everything by myself. I worry that I wouldn't be able to move to Florida if that's what I choose to do.
My mother lived in a 55+ community, when my ex-husband left, my mother let me stay with her while I found a new home. They tried to evict her over it. Also, she would watch my kids while I was working, and after awhile the neighbors began complaining about my kids (at the time they were 5 and 3) and complain about me coming to pick them up at 10 PM. And she was told she cannot babysit them anymore. It was about that time she decided to sell her home and move elsewhere.