Sunday, June 16, 2013

Over 55 Retirement Communities - Built With Baby Boomers In Mind


The time has come for many people who fall into the baby boomer generation to retire. Some already have, and some are doing so right now and some will be that age in just a couple of years. And that means a lot of people are ready to move into some sort of retirement living arrangement.

For some, who need a bit of extra care and help in their day, the best choice will be an assisted living facility, for others, a nursing home, but a great many people will be looking into the option of buying into one of the many over 55 retirement communities which are springing up all over the place.

It could be that the developers just finally wised up and figured that people wanted to spend their days with other folks who thought like them. And that is why so many retirement communities were built. It could also be that there are simply so many baby boomers who want the opportunity to live in a place where they can play golf or tennis all day and still be around people who speak the same language. The language of the 60's.

Not the 60 year olds, the language of the 1960's. Full of bright eyed optimism and hope for a better world. Full of the dream of equality and power to the people. Pretty good idea, for then and for anytime.

And now these folks want to retire and move into a community of their peers. Sounds like a pretty good idea. Over 55 retirement communities have a particular restriction as to who can live there and who can't. One of the restrictions is that normally at least one of the people buying a home there must be at least 55 years old. Some communities require that both people be at least that age, but not too many.

Usually, it is enough that the husband or the wife or one of the partners be the minimum age. And that is not a bad thing at all. Besides the social aspect of residing among your peers, you can often get property loans at a greatly reduced rate because the developers have made particular arrangements with the government to provide loans at a reduced interest rate. That is a very cool idea and one which many people have taken advantage of.

There are so many choices of retirement facilities nowadays and the over 55 retirement communities are one of the best ideas. If what you are looking for in retirement living is to be surrounded by a group of like-minded people who you can relate to, then this might be the best opportunity for your retirement living.

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