Senior Spotlight: An Alternative To Early Retirement

Leading The Pack

You are over the age of 50 and have successfully acquired a wide range of skills and abilities. Perhaps you feel that your career has reached its prime or that you are ready for a change. You may have passions that you’d like to pursue and ideas you’d like to make come to life. You are still active and nowhere near ready to retire… does any of this sound familiar? If so, you may be among the country’s growing segment of entrepreneurs aged 55-64, according to AARP!

Since 2008, adults aged 50 and older have represented the largest growing segment of business owners – and they are showing no signs of stopping. In 1994, individuals aged 55-64 represented 14% of all new enterprises. In 2018, that number grew to over 25%. For approximately 6% of 2,700 new business owners surveyed by Guidant Financial and Lending Club, the reason behind entrepreneurship was job loss or other necessity. But other common reasons for older adults choosing  self-employment were a desire to be one’s own boss, the hope of fulfilling a lifelong passion, a desire not to retire and dissatisfaction with the corporate world.

It’s no secret that the risks and rewards of entrepreneurship are ideal for someone who has already held an accomplished career. Many older adults no longer have the financial obligations of raising children and managing a mortgage payment along with a college fund, thus making the initial investment of starting a business a more palatable and attainable feat. In addition, older adults may especially enjoy the flexibility and freedom that comes with owning one’s own business, still retaining time to travel and enjoy hobbies and daytime social events.

Research even suggests that ‘migration destinations that are popular with people 50 and older are, not surprisingly, also the busiest regions for start-ups among that demographic.’ The above-mentioned study identified the big three sunshine states of Florida, Texas and California as the literally hottest regions where those aged 50 and older launch new businesses. Older entrepreneurs often have a broad base of lifetime experience that they can leverage – often turning their most cultivated and fine-tuned skills into a specific service or offering.

Have you ever thought about starting your own business? What is stopping you? Our hope is that the data above and the original article (find it HERE) inspires you to stay engaged in what you love for as long as you want!

I have always agreed with the saying that ‘if you love what you do, you never have to work a day in your life.’ I hope those words find even more meaning for you as your life changes and your goals do too.

Resource Used: More Adults Over 50 Starting Their Own Businesses

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Designations Create Distinctions: Introducing Testimonial Tuesday

Testimonial Tuesday

Welcome back to the Bobbi Decker Designations Create Distinctions Blog! As we prepare to welcome a New Year and a whole NEW set of NAR® courses and classes to the calendar, we thought you might like to hear from those who have been in your shoes! In this new, recurring feature on our blog called ‘Testimonial Tuesday’, you will have the opportunity to hear from different real estate professionals whom have attended different courses!

We would like to sincerely thank our AMAZING students for not only their time and dedication in earning a NAR® designation, but for sharing their experience to help others whom are considering it too!

From An Accredited Buyer’s Representative (ABR)® Student… 

From A Certified International Property Specialist (CIPS)® Student… 

From A Senior Real Estate Specialist (SRES)® Student… 

Which courses will YOU take in 2020?! Let me know if you need help deciding from 8 NAR® designations & certifications or an endless array of professional development opportunities!

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Monday Market Update: Greater Household Wealth & International Property Ownership

ownership

This is just about the time of year when we all have one thing on our minds… vacation! Summer seems so very far away right now and the holidays can bring about a type of stress that many of us would just love to get away from. You may recall that nearly two months ago, we ran a popular piece on “The (Surprising!) Connection Between Vacation Homes & Greater Household Wealth”. This week we have great news for our international travelers – as we are about to share the link between offshore vacation and second homes and wealth accumulation.

The data in today’s blog arrives to us from our friends and analysts at ECI Development, a global leader in socially responsible development, specializing in creating people-centered, vibrant communities in Central and Latin America. Similar to our discussion of how domestic vacation and second home real estate purchases fueled household wealth via property price increases, overseas property ownership can create the same possibilities – and maybe more.

While US second homes incurred significant wealth gains in both expensive AND inexpensive areas across the country, the greatest gains occurred in ‘vacation home counties’ where second homes made-up 20% or more of the area’s residences. From an offshore perspective, the greatest wealth gains are likely to occur based on a country’s maturity curve and tourism popularity.

Cash Flow

More specifically, properties in mature markets are more likely to create a more consistent upfront cash flow, whereas property products in emerging markets are more likely to experience high levels of appreciation over time. Therefore, one of the primary considerations for an offshore vacation or second home purchase is what type of return you are looking for and in what time frame, as well as of course the lifestyle considerations associated with each specific community. These considerations coupled with healthy tourism sectors place Belize, Argentina and Costa Rica as three of the best destinations where you can own in a beautiful offshore setting AND are likely to receive a solid cash-flow return on your investment.

Fast Facts About Offshore Ownership

collage

| Belize: A combination of beautiful scenery, a low cost of living & growing expat and retirement communities. In recent years, popular Belize destinations such as Placencia and Ambergris Caye have seen prices rise by double-digit figures.

| Ambergris Caye: Two-thirds of all tourism revenue for Belize is generated from this tiny island, making Ambergris Caye THE cash flow ‘king’ of Belize. Tourism rates rose 9.1% from 2016-2017, and 22.5% from 2017-2018.

| Costa Rica: Ranked #1 on the World Happiness Index, Costa Rica welcomes 2.5 million visitors every month and is home to 50,000 North Americans and counting! Property transactions here have risen by double digits in the past 5 years, with the Central Valley serving as home to the hottest and most expensive properties.

|  Popular Costa Rican areas where investment is increasing include Tamarindo, Playa Langosta, Playa Grande, Drake Bay, Santa Teresa and Mal Pais, Montezuma, Puerto Viejo, and Nosara and Playa Guiones. There are also many undiscovered beach areas that offer investors significant value as they lay in the path of progress.

| Argentina: Often likened to capital cities such as Rome and Paris, Buenos Aires is known for its European influences. The number of tourists to Argentina reached over 5 million in 2017, while the expat, retiree community continues to grow among those seeking a relaxed, pleasant lifestyle.

| The Argentinian economy is amidst an upswing, with transaction volumes, construction rates and residential home prices increasing. In Q2 of 2017, the economy expanded by 2.7%, and purchase sale deeds rose 44.7% in the first eight months of 2017. Don’t miss the opportunities to buy vineyard homes and estates starting at $329,000!

If you are considering increasing your personal wealth via an offshore opportunity, we have some amazing resources for you!

| Click HERE to download your complimentary copy of the Global Property Resource Kit for a deeper consideration of the due diligence process outside of North America.

| Click HERE for insightful and invaluable information about Costa Rica specifically via The Costa Roca Handbook.

| Click HERE to learn more about the vineyard properties available in Argentina via The Argentina Handbook.

Thank you to our friends and colleagues at ECI Development for helping us keep our readers apprised of the wealth and lifestyle opportunities abound in Central and Latin America. Learn more about their current and future developments HERE.

Cheers to traveling, investing & creating the life you want to lead near & far…

Bobbi & Team

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

 

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Senior Spotlight: Silver Tsunami Data Drop

SILVER TSUNAMI

If you have been reading many of the real estate 2020 forecasts being released, you have no doubt seen or heard about the term ‘Silver Tsunami’. This week, we wanted to share some data from MarketWatch which depicts what this trend is and what it may mean in the years to come.

Silver Tsunami Stats

| Approximately 1 in 3 homes in the US is owned by someone aged 60 or older.

| Between 2007 and 2017, around 730,000 homes hit the market which were previously owned by seniors.

| Between 2017 and 2027, Zillow estimates that 920,000 homes will be released into the market by people aged 60 and older.

| Between 2027 and 2037, the estimate of homes released into the market by seniors is projected at 1.17 million.

| The ‘Silver Tsunami’ of homes entering the market will NOT happen all at once and will NOT impact all markets equally.

| The markets expected to see the biggest impact are the metro areas of: Tampa-St. Petersburg-Clearwater (FL), Tuscon (AZ), Miami-Ft. Lauderdale-Port Saint Lucie (FL) and Orlando (FL) – with a release of homes ranging from 31-33% of the market.

| Metro areas within Tennessee, New Mexico, North Carolina, Ohio, New York and Connecticut also dominated the list of markets that will see an influx of homes as a result of seniors downsizing or passing away.

| Markets expected to see the smallest effect of the Silver Tsunami are Salt Lake City, Austin, Houston and Dallas.

| The majority of the cities that will see the most homes available are also proven to be less popular for Millennials and Generation X-ers.

So, what does all of this mean for you?! First of all, always consider your local micro market trends when considering the timing of selling your home and the competition you may face. The other key take-a-way is that where the jobs are and where younger generations are working and starting families seems to be the larger, driving force of inventory shortages. In short, the Silicon Valley housing shortage is unlikely to be resolved by a nationwide Silver Tsunami.

As an agent, my priority in serving older adults is not to pressure them into selling based on when and what other seniors are doing – but to help them weigh the factors that impact their lifestyle, their proximity to loved ones and the costs of aging in Silicon Valley.

Resource Used: These housing markets will feel the biggest impact from the ‘Silver Tsunami’

All my best,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG
Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Designations Create Distinctions: A Look Back & A Glimpse Forward

collage

Greetings! As we approach the end of 2019, I would just like to extend my deepest and most heartfelt gratitude to all of my students whom have attended one of my courses this year. From the deeply challenging and always rewarding 5-day CIPS® Institute to the ever-popular 2-day SRES® course and everything in between – I hope you know that every minute we have spent together is one more opportunity that makes me love what I do!

The collage above is a peak of two very enthusiastic CIPS® Institute graduates, Adam Barakzai & Monique Saviano, whom I had the chance to reconnect with at the Realtors® Conference & Expo in early November. Their perseverance and pride in their achievement and our continuing support of one another is why I am thrilled to be getting ready to do it all over again in the New Year… ;).

If you have a course you would love to add to your own list of distinctions, please let me know how I can support you and/or bring it to your local real estate association (get ideas HERE).

If you are a past student who would love to chat about ensuring your make the most of your recently earned distinctions in 2020 – let’s connect!

If you want to receive class updates and relevant industry happenings, please follow this blog and my Bobbi Decker Instructor Facebook page HERE.

Cheers to reflecting, revitalizing and re-imagining what we can do together,

Bobbi

Bobbi Decker
DRE#00607999
Broker Associate
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
NAR Instructor….“Designations Create Distinctions”
CIPS, SRS, ABR, CRS, SRES, GRI, CLHMS,
REI, AHWD, RSPS, MSLG

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Monday Market Update: The Impact Of Friends & Family On Real Estate Decisions

Isn’t it crazy that Thanksgiving was just 5 days ago?! I don’t know about you… but just because it is December already does not mean that I am going to let my favorite holiday of the year slip away that fast! To help us hold onto those Turkey Day memories just a bit longer… I am excited to share the infographic below from the National Association of Realtors®. While we all focus on making memories with loved ones at the holidays, the reality is that were we invest in real estate and what type of home we choose are often rooted in who we love to spend time with.

FF2

Cheers to a season filled with many more memories to come!

If spending time with your loved ones made you realize that a real estate review is in order, let me know if I can help! Whether seeking a multigenerational residence, exploring downsizing options for aging parents or simply wanting to sell your existing space to make room for more memory making – I would be honored to assist! We all know that home is so much more than a place… it’s  a lifestyle and it is all yours to make your own!

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
DRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Senior Spotlight: Making The Holidays Enjoyable For All

Holiday Happiness For All

The holidays are such a truly special time of year – a chance to gather with friends and family old and new, a time to count our blessings and share them too and a rare chance for many generations to gather in one place for one meal (or maybe a few!).

While there are tons of resources on how to prep your turkey and what activities the kids can do, there seems to be less discussion on ways to ensure that our seniors are accounted for as well! Our aging loved ones may need assistance with items related to medication, transportation, communication and dietary restrictions. They may need physical assistance with mobility, or social and emotional support due to dementia or Alzheimer’s.

With that in mind, we have compiled some great resources on how to make sure our seniors enjoy the holidays as much as the rest of us; please let us know if you have other ideas and resources too!

Our ‘Best Of’ Holidays Blogs For Seniors & Those Who Love Them (Bobbi Decker Real Estate Team)

 

How Seniors Can Help with Thanksgiving Dinner (Caring Senior Service)

How to Plan a Healthy & Happy Senior Living Thanksgiving (The Senior List)

7 Thanksgiving Activities for Seniors in Assisted Living (Senior Advisor) 

Making the Holidays Special for Your Elders No Matter Where They Live (Aging Care)

All our best for an amazing day, week and season ahead!

Bobbi & Team

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
DRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

Posted in Living Longer, Living Better, Senior Spotlight, Uncategorized | Leave a comment

Giving Thanks… And Sharing It (Video Message)

Greetings! We know that you are more than busy getting ready for this amazing week filled with good food, great friends and countless blessings to be grateful for. On that note… we just have to let you know that we are SO thankful for YOU – our clients, colleagues, students and friends. What we do personally and professionally every day has so much more meaning because of who we are surrounded by. Thank you truly for being in our lives.

As always, we love appreciating life’s gifts and sharing them with the charitable organizations whom share our passions and values! We hope that you also have an opportunity to perpetuate the good and give to those causes which are most meaningful to you. What we can give and receive together is so much greater than what one could ever do alone.

“We rise by lifting others.” Robert Ingersoll

Happy, Happy Thanksgiving!

Bobbi, Buddy, HoneyB & Team

 

Posted in Designations Create Distinctions, Monday Market Updates, Senior Spotlight | Leave a comment

Monday Market Update: Happy Host, Happy Home… Happy Turkey Day (Video From Realtor®.com)

Have you ever noticed that hosting the holidays is a bittersweet task to take on?! It is no doubt amazing to have your home filled with good flavors and great friends… but oh boy is it a LOT of work. When I came across this video from our friends at Realtor®.com, I just knew I had to share it in case it even saved one person any amount of stress.

From keeping guests out of the kitchen to keeping the kids busy… these holiday hacks are worth a glimpse or two! Click the image below to view the video! 

5 hacks thanksgiving

This is also one of the many times of the year where the Bobbi Decker Real Estate Team wishes to extend our deepest gratitude for the clients, colleagues, friends and neighbors who make our lives richer every day. We are more than thankful to YOU this season and always!

All our best for a day filled with friends, family and FOOD…

Bobbi & Team

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
DRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

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Senior Spotlight: News You Can Use On Where To Retire

Where Should You retire

The two biggest questions in retirement are often WHEN and WHERE?! And one often impacts the other! This week we came across some great resources to help you decide which location is right for you. Take a look and see what factors matter the most to you… and then let us know when you are ready to make it happen. We are here to help you get to exactly where you want and need to be!

 

How These Aging Experts Decided Where They’d Live in Later Life (Click HERE)

If you have ever wanted to hear where a gerontologists would retire – this is the read for you! And not all aging experts do as they say, admittedly! 😉

 

The Best Places To Retire Abroad In 2019 

You have seen us reference this topic before, and we know many people are still considering it so here you go! The Forbes version is HERE, CNBC recently published a list of overseas retirements regions where you can live for $30,000 a year HERE – and our friends at ECI Development have more options all the time (see them for yourself HERE!).

 

The Livability Lists Age 50+ (Click HERE) 

That’s right… AARP acknowledges that no one place is right for every retirement, and so they have created an entire index citing the most livable neighborhoods and cities based on all different criteria – and not all of them are cost. Factors such as easiest to get around, most ways to stay healthy and best cities for making friends are included!

 

Your Ideal US Retirement Spot (Click HERE) 

US News & World Report recently published their own list of best US places to retire in 202 based on a weighted scale using housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care upon surveying those aged 45 and up about their retirement preferences. Locales in Florida, Texas, Pennsylvania and North Carolina rank highly when balancing high quality of life with low cost of living.

 

Pop Quiz HERE 

One of our favorite resources, Next Avenue, offers a fun quiz for deciding which type of location best suits your retirement lifestyle. The questions include what your biggest fears in retirement are and how important certain factors are to you, which are great starting points for this crucial decision!

We would love to hear which of these retirement resources was most useful to YOU – so feel free to email me at bobbi@bobbidecker.com and share your feedback if you can!

 

All my best,

Bobbi

Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
DRE 00607999
e. bobbi@bobbidecker.com
p. 650.346.5352
w. www.bobbidecker.com

Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/
EHO

Posted in Living Longer, Living Better, Senior Spotlight | Leave a comment