<p>To me it is all about keeping myself entertained. Boring life is not what I am looking forward at all. I ahve to be busy every single minute and with different things. Peace of mind do not make me happy, challenges do. Getting thru Levels in Rosetta stone is challenging now and hope it will continue being so. But nothing can beat the job in this respect, always new fun.</p>
<p>āHow about the casino. Plenty of retirees spend a lot of time there.ā
-Hate it. When we visited La vegas, I did not step into casino at all. Did not look entertaining.
"If retirement is boring, you are not doing it right! "
-Not doing it at all, both working full time. Very scared of retirement.
āWe also have no problem with moving to live somewhere that is more appropriate for retirement. No need to live near the jobsā - We are looking at having several houses in very different locations. If this plan works, that will mean though, that I will retire at 70 (unless I am kicked out before), I refuse to retire earlier, despite my Hās wishes. This is my compromise. I hear the same situation form other couples. And the ones who had a second spuse retire, this spouse usually does have the predicted problem of being bored. Hearing this scares me even more. And I have accumulated several hobbies and will continue searching for more. All of them are time consuming and I am trying very hard to slow down with the projects, but when you get more skills, it is inevitable, you will get faster and I am flooding my house (onely one for now) with my art despite of very successful sales. But again, it is all after work, I cannot imagine how much I will produce if I have additional 8 hrs, very scary thought! I will have to find another language to study on Rosetta Stone in addition to one that I am already doing.<br>
We will spend most of the time on a beach during retirement, this is an intend in buying a second house or couple. However, what I do currently on my yearly 2 weeks vacations in Mexico, will not be available to me at our house. Being idle on a beach scares me. </p>
<p>There is a finance.yahoo article about a 20 year old could need to save $7 M for retirement. </p>
<p>Thinking one needs $ 10 M for retirement in the near future is a bit ludicrous. Either has a really strong cash flow and high life style or has other motives to post.</p>
<p>I think that after having our own retirement plans in place, to help the next generation with information about how to plan for retirement along with funding their lifestyle and plan for their off-springās college expenses.</p>
<p>@newjersey17, my grandparents moved to a place like that about 20 years ago, and it was just about the best thing they could have done. The place they selected has independent apartments, assisted living, and a nursing home, plus a ton of activities, a shuttle to take people to run errands, beautiful grounds, etc. My grandmother has since died, but my grandfather is 91 and still in his own apartment. He seems to know everyone on campus, sings in the choir, leads a Bible study group, plays with a weekly bocce club, and coordinates the monthly forum, which brings in outside speakers. It has been an ideal place for them.</p>
<p>Itās not cheap, though. I hope I can afford to retire as well as my grandparents!</p>
<p>Free advice. If you plan to relocate, do so when you are young and energetic, and healthy enough to make a new circle of friends in your new locale. Family members here moved to an awesome placeā¦but did so in their 80s. They are not as mobile, or energetic, and making a new circle of friends, and life had been harder. They arenāt even really doing the wonderful things within their community. Honestly, I think if they had made this move 10 years sooner, they would be much happier now.</p>
<p>āTo me it is all about keeping myself entertained. Boring life is not what I am looking forward at all. I ahve to be busy every single minute and with different things. Peace of mind do not make me happy, challenges do. Getting thru Levels in Rosetta stone is challenging now and hope it will continue being so. But nothing can beat the job in this respect, always new funā</p>
<p>Get web development skills and work as a contractor. You will never have to retire, may never even meet your employer. Nobody will know how old you are, and as long as you can do the job, you can work. If you donāt want to retire, you wonāt have to.</p>
<p>Retirement isnāt a concept I can grasp</p>
<p>Become a GOOD web developer and maybe CC will hire you! Just saying!</p>
<p>CC can definitely use another good developerā¦ :)</p>
<p>āAnotherā? I think CC could use A good developer. </p>
<p>Amen</p>
<p>Miami, what do you do that you find more interesting and challenging than any retirement options? It is great your job is so fulfilling!</p>
<p>Iām really intrigued by the idea of regularly spending winters somewhere other than my cold, Midwestern city, and would love to hear more ideas about second homes. Aside from being wealthy enough to just own a second home that will sit empty throughout the summer, how are people making this work? Does the idea of renting out a second home during the summer (assuming itās in a desirable vacation area) ever really come close to paying the bulk of the expenses for the property? And Iām only really thinking about within the U.S. ā much as I would love a little flat in the Vieille Ville section of Nice, I canāt imagine the logistics!</p>
<p>Husband and I thought about second home, but the logistics wouldnāt work out. Very much worry about people come and occupy the house without your permission. There were too many cases of that during the housing burst.
We might do airbnb we went visit another country that we donāt know anybody. Renting a hotel is not as fun, we want to talk to the local and get some travel help.</p>
<p>After staying at a tiny apt. in Paris, the idea of owning something in a desirable area and renting it out part of the time as a VRBO or through an agency is very appealing. Iām thinking of of US, too, as I have not ever lived in Europe. I donāt know how cost effective it is. But what a nice idea! </p>
<p>I think Iād prefer to stay at a residence inn or similar or even rent an apartment for a months or longer. Owning and renting out a place is more hassle than Iām interested in at this point in my life. Iām ok with our current home being unoccupied when we are out of town rather than having random people renting and having access to our stuff. </p>
<p>H and I own a small second home now in a delightful location but we have it for practical reasons. He and several colleagues accepted a nice career opportunity in another state which made it impractical to commute on a daily basis (three hour drive one way, but conveniently train accessible). We figured at our ages (H was turning 60 when he started the job, now we are both turning 64 by later this year) it did not make sense to do a full permanent relocation. I had NEVER wanted a second home (like to keep things simple) but I am enjoying this, as it is a nice style contrast to our main residence location. I go back and forth, as I have been retired for a while.</p>
<p>The little place is a condo across from a park, walking distance to all services ā several grocery stores, the train station, the library, the movie theater, and many lovely restaurants in an idyllic town. Our main place is a traditional house on an acre of land in a suburban area where we drive to almost everything.</p>
<p>I LOVE being able to do errands on foot in the other location, and we have considered retiring to a larger place in that town, as that is the lifestyle I would like in retirement ā do NOT want to be dependent on driving. But it is a very pricey area and also has longer winters than where we are now.</p>
<p>So we are at the moment enjoying having two places, but still, I do not expect to do that in retirement, when we would no longer have a practical reason for doing it. I would rather, as some others have said, rent a temporary place in a second location. This has been a good experience for us though, as it gave us a taste of condo living, and I hope to downsize in that direction when H retires. </p>
<p>Like HImom, I would not be that comfortable renting out my own home to strangers.</p>
<p>Iām not suggesting renting out my own home, but having a second home means you are not at one place 100%. Itās bad enough to own one home and go on vacation, let alone 2 and go on vacation.</p>
<p>My retirement second home will hopefully be a February rental in a different city every year. Somewhere warmer than NJ. If my income can support it I might try a second month- say October in a different city. </p>
<p>JEM, I totally agree with your preference for a more urban retirement. Iāve lived in suburbia my entire adult life and am tired of needing a car to do everything. Unfortunately most urban locations tend to cost more, but Iām still hoping weāll be able to live in a city.</p>