After years of buyers being conditioned to focus exclusively on price, we are finally beginning to see buyers focusing on what’s important, the quality of life. This is a welcomed change, but is a change that is occurring gradually because a new habit isn’t developed overnight.
There’s one group of buyers that should pay closer attention to their quality of life. That group is composed of the buyers that are beginning to enjoy their retirement years. For a couple who are considering a purchase and who have worked their entire lives to finally get to the point where they can enjoy their retirement, it’s imperative they recognize that enjoying their “golden years” is far more important than saving thousands of dollars that they’ll never even spend anyway. The well known cliché is, “you can’t take it with you.” Some people enjoying their golden years will even strategically place bumper stickers on their cars reading, “I’m spending my kids inheritance.” Though this is humorous, the message should be taken to heart.
Many times, just a few thousand dollars more in purchase price can secure 10 more years of happiness. It’s also important for a couple purchasing together that they’re not just reducing the quality of life themselves, they’re also limiting the pleasure their spouse is entitled to during their “golden years.”
If you know of a couple that is retired and thinking about purchasing a home, sage advice offered by a trusted real estate advisor could significantly improve the quality of life of their final years.