A
peaceful and content retired life is dream of all workaholics. People always
work harder and harder just thinking about a beautiful house. A house with a
sunny courtyard, small lawn filled with flowers. A life with plenty of leisure time
that allows pursuing your hobbies, now put on backside to earn bread and butter
for your loved ones.
Dean
Graziosi suggests that you must consider various factors before planning for
your retirement living. For example, you must decide about the vicinity, about
climate, place and finance. Many people want to remain in touch with their
present community, but move to a place away from their present home. Others
just prefer staying in the same community but in a different home, present
close to their community circle. The choices are vast.
Dean
also suggests that real estate gives so much option. The actual decision
depends upon the individual. He must start planning ahead of his final service
year. Dean Graziosi is a famous realtor. He has started his real estate career from the age of 18. He has
written bestselling books, he has conducted live seminars and has designed a
number of courses.
All his
efforts are based on the chore idea, to help others achieve same heights of
success where he is. He is a successful entrepreneur. He has millions of
dollars. Although, today he is on apex of his career, he does not belong to a
rich family.
What to Consider While Planning
Living After Retirement:
Geographic
restrictions come with your job type. Once you are free from any kind of job,
you will decide where you want to live. While planning your retirement living,
you must consider following factors:
Finance:
You must
make estimates of your financial issues while you are still working on your
job. You must understand impact of taxes on your retirement benefits. On the
other side, once you get the retirement, you have to face all other expenses as
well. You must calculate gap between your earning, your retirement savings and
what your expectation are from your retirement living. You must decide about
your financial future while you are still on your job.
Real Estate Costs:
There
are various factors associated with purchase of a property. For example, you
have to pay your property taxes, utility bills and other financial issues. Then
there are occasional maintenance repair costs associated with a property. You
can enjoy loans and mortgages specially offered for retired people. There are
several other benefits associated with a new home, like new chances for a part
time job you love to do.
Climate:
Once you
complete your job successfully, you have no obligation towards your work. You
can move to a place of your choice. You can move to a place with the climate
you have always loved. While planning for a place, you must consider other
factors as well. For example, with high altitudes come some harsh realities,
excessive fog, high humidity, excessive rain and snow.
Security:
This is
another important factor to be considered before moving to a place. Search for
the crime rate and law and order situation of the place where you are planning
to move.
Miscellaneous:
- Does the area provide all life services i.e. health, transportation, banks, education etc.
- Does the area provide opportunities for part-time or full-time employments
- Are their quality restaurants?
- Search if there are public libraries, museums and other such places
- Does the area provide recreational activities?
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