With the baby boomer generation quickly approaching retirement, many are left asking the question of what to do in their retirement. While most will undoubtedly continue to live in their own homes, especially those who have paid them off, others are likely to want to downsize now that the kids are out of the house. For most people, a house can become a burden in retirement since they still require near constant upkeep and cost more to heat and cool than smaller, community based living arrangements like condos. These facilities are maintained by management and you just pay a small monthly fee.
Living the Life of Luxury
While retirement communities are great for those who want to be able to live out their golden years in an area where they are surrounded by people their own age with services nearby to cater to them, others prefer to instead live in a condo. These condos often have their own retired community, and are usually located near similar services to those available at retirement communities.
Retirement communities will often have restrictions on the number of guest’s residents can have both at a time and over the course of the year. This means that if you want your guests to be able to stay over whenever you would like this may not be a great option. They do this for the comfort of the community since guests usually leads to more noise, so it is hard to begrudge them for it, but living in a condo this is not an issue. Condos in general are going to have less restrictive rules for residents to follow.
More and more people are choosing to look for condos for sale in Downtown San Diego rather than move to retirement communities. This allows them more freedom while they are living out their golden years.