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Apr 14, 2021
12:24
:33
pm
bluelands
Truly Addicted User
I have noticed the same trend. We went the other direction
I would rather go visit kids or rent a big place somewhere fun than have to maintain a large property and home
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bluelands
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bluelands
Joined
Aug 16, 2002
Last login
May 5, 2023
Total posts
52,694 (564 FO)
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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
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