We all fall into the trap of complaining about getting older – trust me, nobody likes a few more gray hairs or having to eat a few less chesseburgers (thank you metabolism!) – but it isn’t all bad! Besides looking forward to retirement and gaining the hard-earned chance to finally enjoy hobbies and see loved ones more – the benefits of aging often include greater financial freedom too!
Check out the infographic from the California Association of Realtors below.
According to the statement “I feel more free to spend money today than I did a few years ago” – 39% of Boomers and 44% of Matures agreed.
According to the statement “I’m not at all worried about the ability to pay my mortgage” – 74% of Boomers and 87% of Matures agreed.
Greater peace of mind with money as you age – sounds like a benefit to me! While it might seem scary to live on a fixed income and wonder how your housing expenses will play out, you see above that the vast majority of older adults find housing NOT to be a concern, while approximately 40% of older adults worry less about spending as time passes.
Bring on those birthdays and call me if you need help celebrating. As a Senior Real Estate Specialist – I am committed to making sure your older years bring just as much comfort and joy as all of those leading up to them!
Bobbi Decker, SRES®, CIPS®
Broker Associate, Today Sotheby’s International Realty
Bobbi Decker & Associates
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/