My Account
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Apr 14, 2021
1:00
:35
pm
Chicago Cougar
All-American
This Is Actually a Root Cause IMHO
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Chicago Cougar
Bio page
Chicago Cougar
Joined
Dec 4, 2002
Last login
May 23, 2024
Total posts
2,984 (0 FO)
Report problem with this ad
Messages
Author
Time
Study: More boomers are choosing to upsize home in retirement
Gustav
4/14/21 12:05pm
If you can upsize and pay cash, great. If a new mortgage is required? Forget it
zerigke
4/14/21 12:07pm
But even then I'd be worried about impending market decline eating into savings
Gustav
4/14/21 12:10pm
3% interest is better than giving up what the stock market has increased
Nat Gas Man
4/14/21 12:39pm
We're probably gonna stay, or downsize. But with market inflation, probably stay. Smartest financial decision for us.
Turnpike Lane
4/14/21 12:07pm
how many of these upsizing boomers need space to house move-in adult children?
LeonMarek
4/14/21 12:08pm
That is my guess as well.
HuskerFan2
4/14/21 12:29pm
Me, waiting for those boomers to die off
letthewookieewin
4/14/21 12:09pm
in retirement, my parents moved into a home 2x as big as the home I grew up in
byujag
4/14/21 12:09pm
Even George and Lucille Bluth lived in a small apartment
Pedant
4/14/21 12:10pm
When I retire I want to have a party house. +5 acres, pool, sport court, dirt
Odysseus
4/14/21 12:13pm
I want that now, when I'm young enough to enjoy it.
byujag
4/14/21 12:15pm
Lol, I kind of live in a party house in rural Alabama :). I'm with you though,
dYrtbYkerYder
4/14/21 2:32pm
Didn't read the article, but I wonder if there's any consideration that a lot of
m0resn0w
4/14/21 12:13pm
oops. I hacked Leon above.
m0resn0w
4/14/21 12:14pm
Vanity is simply sad.
Blue Print
4/14/21 12:15pm
Once I don't need so many bedrooms, my wife and I will be out of here.
Belboz
4/14/21 12:19pm
Gotta have room for those grandkids.
Sooner Cougar
4/14/21 12:20pm
This Is Actually a Root Cause IMHO
Chicago Cougar
4/14/21 1:00pm
I want a smaller house, but then I want a carriage house, so if kids do come back, we can keep semi-private
Clark Addison
4/14/21 12:23pm
I have noticed the same trend. We went the other direction
bluelands
4/14/21 12:24pm
This is the approach my parents took and it works great.
m0resn0w
4/14/21 12:27pm
We have one kid left at home but not about to downsize
run26
4/14/21 12:33pm
In our case we have downsized twice, but are now feeling the pinch when everyone
Nat Gas Man
4/14/21 12:43pm
We designed and built our retirement home
Chicago Cougar
4/14/21 1:25pm
It sounds fantastic
DC12
4/14/21 2:35pm
“I was hoping to go smaller and cheaper....”
pink22
4/14/21 2:38pm
Spent a lot of time on Flathead Lake. Will you adopt me? I'll use a spare room.
m0resn0w
4/14/21 3:26pm
Boomers are the wealthiest generation to ever live on this planet. They’re
hansel
4/14/21 2:42pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad