RETIREMENT A PROBLEM SOLVED | Why We Sold Our House
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- เผยแพร่เมื่อ 12 มี.ค. 2021
- Selling our home in retirement made financial sense and guaranteed our wealth and future. Retirement a problem solved allows us to explain why we sold our house. Dealing with family issues and the emotion of selling the family home.
Retirement a problem solved why we sold our house was the right thing for us to do as a couple. We have lost the unexpected costs of home ownership. Maintenance and up keep of a house can be very expensive and deplete your savings over time. Property tax keeps rising as house values rise. This could put us in the situation of owning a million dollar house without a high income and being unable to pay the carrying costs of homeownership.
Why we sold our house solved a retirement problem, we released the capital from our home and we were able to invest this money so that it pays our rent of an apartment and also grows the capital to offset inflation.
While retirement a problem solved why we sold our house may not be for everyone, it is worth getting the calculator out and see what your numbers are like. Also consider all the house repairs you have made in the last five years, these expenses never stop.
#downsizeyourhome #downsizing #retirement #retiring #retirementlife
Thanks for watching our video Retirement A Problem Solved | Why We Sold Our House.
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My father recently passed away. He downsized his life 25 years ago and moved into a small apt building in Port Townsend, Wa. steps from the water. He would walk along the beach, ride his tric to the grocery store, and take the Ferry just because it was a nice day. Without question, I never saw him stressed out about anything since he downsized. Quite honestly, I didn't understand why he did it. Back then, most should have been doing downsizing at McDonalds, considering how most people look today ( I digress). He would always say that he had found the perfect lifestyle. Carefree & stress-free. It took me a few decades to fully grasp what he was saying. Thank you for your videos.
Your dad obviously enjoyed a lovely life with his decision, we agree completely selling our home and renting is the best thing we have done , glad you are enjoying our videos Cheers 🍷🇺🇸🍺🇨🇦
Sold our older house when we retired. Invested some of the proceeds in tech stocks. All the bedrooms were upstairs so we knew it would be a problem down the road. Moved to an apartment very close to man made lake, market, small restaurants, etc We walk 3 to 4 miles daily. Also, use small gym and pools on site. No more home repairs, maintenance, association fees, etc. Like that apartment is on ground floor. Travel often, without having to worry about the house. Lock the front door and go. Enjoy your channel.
Thanks so much 🙂
Awesome idea. My mum moved into a retirement village and my dad died and she loved it. I don't understand people living in a huge family home after their kids have left home. Smaller home equals less stuff and way more free time for fun stuff🙂💕
We agree and it frees up a family home for another young family. Thanks for watching.
My grandmother was a widow and had to work. She lived in a very humble basement studio apt., and kept house for an older lady upstairs. She had me come stay with her for a week every summer. We ate out, went to the movies, and visited nearby cousins. She also sewed for me. She had almost nothing material, but the memories are still clear, and wonderful.
How wonderful for you to have those memories, people who are content have found the secret of life.
We always go to our retired people’s homes as they got over as it’s harder for them to travel.
I have a little house, in a small town, on the shores of Lake Erie. There is a main floor bedroom and full bath in the house. The library is next door, the post office, grocery store and LCBO are within 2 blocks. And the lake and marina are less than 10 km due south. This is my "growing old" house. If I should be so lucky to have grandchildren, I hope they enjoy coming to visit grandma at the Lake.
That sounds wonderful we hope you have a great Easter 🐣 weekend Cheers 🍺🍷🌺🐣
@Maureen Ridgeway ? Sounds like my neighborhood
I have a very hot summer to go through here in Arizona. I would love to spend the summer by a lake in Michigan - your place sounds perfect!👍
@@davisholman6518 I envy you in January though lol
Our chlldren are adults and they always come to us for Christamas and Easter and many other occasions, with grandchildren and friends, despite they have a house of their own, so everybody is different.
Yes we are
Almost 3 years ago we went ahead and sold our big house in downsized to a condo. It is in a retirement community. Although we don't plan on hanging around a lot the next few years, we do think it will be a great place as we age. They are always getting together and doing things. Last summer during covid they would rotate driveways and everyone would bring their own lawn chair, and set socially distant so they could still enjoy one another's company. I thought it was wonderful. Thanks for sharing! Lynn and Danny
That’s one of the benefits we also enjoy community activities, last summer people sat out on lawn chairs and had coffee, our swimming 🏊♀️ pool is about to open very excited, the gym is already open . Thanks for dropping by have a great weekend Cheers 🍷🌸🍺
Different strokes for different folks... Am enjoying ‘homeownership’ in retirement; finally have time to putter indoors & out which keeps me in touch with nature & provides exercise! Cut first batch of lettuce this morning, looking forward to another bountiful veggie season. Adding perennials throughout the property that are drought tolerant in order to cut back on maintenance & ecological stress of a lawn. Lovely to view this ever changing canvas each year. AND... we have pets; 9 at present. Doubt an apartment complex would permit that. For us, it seems like there are so many RULES already; moving to a condominium, apartment, gated community or a neighborhood association would be heartbreaking. 💔 We also love our privacy; it is a sanctuary from the world. When socialization is needed, art galleries, shopping malls, adult education classes, senior centers, etc. are available. We have no human children; simply require our own safe space. Am happy you have made the right choice for yourselves.
Thanks for sharing we can’t all share the same ideas Cheers 🍷🌺🍺
Excellent! My husband has retired early at 55 and we sold our house in California, moved to our house in Oregon to be by our adult daughter and son-in-law, and helped them buy a house themselves. Now we are looking for a beach property for the same reason you mentioned, gives us all a place to go relax and just enjoy each other's company. We did keep one rental property in CA because the rent we collect is good income. People here in the states always dream of moving away to Florida or some Caribbean beach town, but the truth is you should retire where family is and create new experiences for everyone.
I love minimalism. I am in the process to sell the house and I don't want to bring Anything with me. No more dragging things around with me. The cost to drag the old stuff with you isn't worth it. When I figure out where I want to be I'll buy a few new items - just what I need - that's all.. no mounds of clutter. Having the minimum is freedom ...
We did all the decluttering to downsize but we didn’t do enough, we still brought a bit much to our new apartment , working on getting rid of that now as we can’t travel LOL 😂😂 enjoy your day 🍺
We are early retired in our 50s, and selling our family home if 21 yrs in June. We gave ourselves 6 months to tackle all the deferred maintenance projects, but we see the end of the tunnel. We plan to move into a MIL suite with our adult daughter and her family for up to a year while we seek a new smaller home in another state. So glad we are doing it. De cluttering is so freeing.
I did the same, left everything with the people who bought our home, When your up there in years , Do You Really Care about Material Things.
@@juliamundt101 We felt the same we wish you well with your new adventures, enjoy your weekend Cheers 🍺🌺🍷
@@freddyeltigre2327 No you don’t great plan to leaves our stuff with the new buyer LOL 😂😂have a great weekend Cheers 🍺🌺🍷
Everyone has to make their own choices... it’s good to be informed of choices they may not have even thought of.
A friend of mine did what you did. She and her husband sold their home in California, kept some items, gave sentimental items to their kids and they started traveling full time... and visited their kids when they went back to the states. She was a writer and wrote a terrific book about their seniors adventures. They were very happy and when he eventually slowed down, they built a house they would rent on AirBnB when they were away.
One thing, I’ve only learned in recent years, is that there are no rules... we get to live our lives by our own choices.
Take care Tina & Norm. Have a lovely Sunday. Cheers 🥂 🍻 🍷
H Jen so many times in our lives we have choices and different people make different choices. That’s wonderful what your friends did , we are looking forward to our new trailer hopefully May 1st Have a wonderful weekend Cheers 🌺🍷🍺
Great to see you living your plans, too many people waiting around and never end up doing anything.
We are having a great time in our retirement, we have also met some wonderful new friends in the building and now have our trailer to look forward too . Enjoy your weekend Cheers 🍺🌸🍷
Renting in the UK is too expensive in retirement. The rent will keep going up and you have no security.
We are very fortunate that we have rent control in Ontario with the increase not more than 2% , hope you have a great week Cheers 🍷🇬🇧🍺🇨🇦
Thank you, Tina and Norm for your wonderful videos. You are both an inspiration and your positivity is contagious.
We have lost our ability to "attract" our adult children with an RV by a lake in a resort or the prospect of an inheritance. Consequently, we do not get to see them or our grandchildren anymore. However, one of our siblings, who has successfully managed to acquire the necessary financial resources, has access to our adult children & grandchildren. The lesson is: If you lose your money, you might also lose your adult children & grandchildren, depending on the family dynamics.
If that happens, get professional help with the grief and loss, as well as moving forward without them. We are not the only ones this has happened to, so we hope our sharing this side of it might help someone out there. Cheers! 🙂
Thanks for highlighting this problem Byron, it is all too common.
Like Jesus said, "if they were with us , they would have stayed" .This is a western phenomenon, you don't see this in Asia or Latin America.
Jesus also said, God forgive them for what they have done" Your adult children are cutting you out of their lives is heartbreaking but happens more than not in American culture .
Godspeed.
I understand these issues. I am age 70 and my husband is 75 and we have faced many of these issues as well. We had a 2,800 sq. ft. home on 5-acre with outbuildings and an in the ground pool with three bedroom and you are right...children move other states where the jobs are and children DO NOT come back the same way the other generations used to. Add to this if you are divorced and remarried like we are ....that ads up to another layer of managing financially in retirement. We bought into a small condo (w/29 owners) and this is working for us. This gives us a step-up the property ladder to make up for losing our assets at the time of our earlier divorce. This condo asset will give us additional money to live on later on in our life when we end up selling it and moving into a tiny low-cost senior apartment in the future. A second recreational property is not for us...- added costs, added maintenance etc. I co-owned a cottage for 14 years and the costs almost broke us. Our retirement advisor said, "DO NOT rent an apt. or a home....you need an asset that will grow." So we bought a very nice condo in a resort/tourist area that is highly desirable and goes up in value approx. $100,000 every ten years. I just made sure that the roof had already been replaced and that the condo HOA fees are reasonable. We are doing MUCH better financially since we moved here 2 1/2 years ago. We have many parks, the state park beach, lots of hiking trials, the bike path a great senior center in a senior friendly community with many senior services. This was the right move for us....
Thanks for sharing your story and you are right everybody’s life is different, it’s great that you sought professional advice and sounds like a wonderful plan you have in place .Sounds like a really nice are you live in where you can go for nice walks and enjoy life. Hope you have a great weekend Cheers 🌺🍷🍺
May I ask, what state are you enjoying your condo in?
Spot on points that sometimes younger people don’t always realize. Further the big family home continues to require more and more upkeep as it ages that we don’t want to or can’t do. Mostly it is the stuff... we end up with our stuff and part of the kids stuff that they can’t store, our needs are fewer with a lot less stuff. I say hooray, do it.
Hi Gail couldn’t agree more with you , it’s amazing even if a home is mortgage free how much the costs of home ownership are . We have far less stress renting and enjoying our freedom a lot more Cheers 🍺🍷🌺
My parents raised 12 kids in a huge 5 bedroom colonial home. Even when my mother could no longer climb the stairs, still they stayed put.
The 30+ years of deferred maintenance made it a money pit for any serious buyer so the estate took a huge loss.
Mom kept the house for visits, but we stayed at a siblings’ home, not theirs.
Change is good. I love your suggestions. I work in the funeral industry and see children left trying to get rid of their stuff when they pass.
We are sure that is so true , Thanks for watching have a great weekend Cheers 🍷🌻🌞
@yolanda castillo I have experienced that with the death of my mother's siblings. She inherited stuff and brought it home and when we moved her to assisted living, I had to empty her house of all that stuff and her stuff. And I've downsized into a 1000 sq foot cabin and do not have room for stuff. I can relate.
Thank you for your sharing. I just feel like I have two more friends now.
People have attachments to their homes. Thats right, it was the norm to drop into a friends home without notice, but times have changed. We had a saying "Saw your light on, thought I would drop in". Times have changed. I have no problem in selling our home in time and down sizing. It also means freeing some of your own capital. Your lakeside home is a great way of bringing your family together. You make new memories when you move on. Even a picnic in the park. Great upload Tina and Norm, thank you for sharing. 👍🏽🤗🙏🏽
Hi Peter and JoJo you are right times have changed , yes in selling the house also gives you money to invest for retirement.
Absolutely you got it 🧐when you move on you make new memories and adventures , we have done that with the apartment and now looking forward to our trailer memories actually we are very excited more so than when we went on a big Cruise 🚢 LOL 😂😂. Lovely to hear from you both , hope you are keeping well have a great week Cheers 🌺🍺🍷🌞
Retirement could be no joy if you didn't save enough before retiring.I retired at and have saved $ 1.11 million over the years of my investment. and I'm grateful to God that at least I retired in good health.
@@nathancook8325 well done Nathan
So glad that I stumbled across your channel. I am really enjoying your videos and love that you are sharing your experiences with others. My husband and I are both in our 50's, about to become grandparents for the first time, and we're constantly talking about and planning for our retirement. We will definitely find some tips along the way from watching your videos. Thank you.
It is a smart thing to have this channel. You are a very nice couple!
Thank you so much!
I agree with many of the other comments here about agreeing with you sound advice, but at the same time find the concept terrifying. So many what if’s. In my case, I am a widower, and guilt washes over me in terms of selling my home and somehow abandoning memories my wife and I shared raising our children here. The decision to sell is economically sound, but emotionally shaky. I admire your courage. Thanks for the blogs. Keep them coming. Most importantly cherish the priceless blessings, having each other to share them with ❤️
Hi Vince we haven’t experienced what you have so feel unable to helpfully comment we appreciate you watching our videos and your support, it’s a difficult decision you have perhaps have a conversation with your children to discuss it .
The weather is getting warmer so a sign Spring is on the way we hope you have a nice weekend ATB 🍷🍺🌺
Oh excellent advice. I’m 81now, still energetic and FADING FAST and he’s faded for sure. Your advice and stories are relevant to reality.
Thanks for watching we Are trying to be real just telling how it is Cheers 🍷🌺🍺
First chad, God bless you for helping Jerry out. God bless Jerry and his new lease on life ❤
That is so true!! I like having my parents come over for Christmas and thanksgiving
Happy holidays! we hope you have a great week Cheers 🍷🍺🌺
I’m really excited to see your ‘recreational’ home! I enjoyed the video. X
Thanks we are counting down the days , the snow is melting away hoping for May 1st hope you are getting warmer weather as well 🌞
Great topic, every step you guys take with proper planning. I really enjoy watching. Thanks for sharing. Have a great weekend. 👍
Thank you! You too! we are loving being retired hope you are well have a great weekend Cheers 🍷🌺🍺
I lived in a condo in a 55+ community and it is fun. So much activities , even now and so inexpensive. Century Village deerfieldbeach florida.
Sounds like a great plan thanks for sharing have a great week Cheers 🌸🍷🌞
Norm and Tina, always great to experience new things and places . Thank you for sharing your experiences with us hope you both enjoy the changes coming up big like 532 here keep an eye on those fees have a great week my friends. 👍😎
Hi Chas, The main thing is having some sort of plan and not just coast, even in these no travel times. Thanks for watching have a great week. 😀😀
So glad we subscribed to your channel. Retirement is confusing and it's nice to find a place for discussion. Thanks for doing this :-)
Awesome! Thank you! Cheers 🍷🌺🍺
Thanks for sharing, I am glad that you are enjoying yourselves ❤️🙏
Thanks for watching we really appreciate your support, have a wonderful weekend Cheers 🍷🍺🌺
Awesome! That looks and sounds like Fisherman's Cove. Fantastic Park! We had a park model in the M section, backing onto the lake. We were there for almost 10 years (when our girls were still young). We sold in 2015, after our girls went off to college. We'll be back when it's time to retire. Rick and his family are great hosts. Cheers.
Yes it is and we are really looking forward to lots of memories and new adventures it looks a wonderful place , hope you are well and have a great weekend Cheers 🍷🍺🌺
Thank you - love following along in your journey, and appreciate how you share with broader likeminded community. I am 54 and laser focused on retiring at 60 it’s been great sharing your journey with my husband. Sure making us consider many what if’s 🤔 like Renting. Keep up the great work.
You are so welcome! we wish you a great retirement hope you are enjoying your weekend Cheers 🍷🍺🌸
Bravo... yet again you produced another video that I watched to the end!
A rare event indeed!
Thanks for this information that I didn't know I was interested in!
Wow, thank you! we really appreciate comments like yours it’s very encouraging have a great weekend Cheers 🍷🌺🍺
I want to stay in my home in Canada as long as possible. Great neighborhood and neighbours who I can chat with ( or not ) . The idea of community living is definitely not something I want. Some people love their privacy and do not relish the idea of shared spaces. What you described would be my worst nightmare.
That’s the great thing we are all individuals, and makes for an interesting world. Thanks for watching and commenting, have a nice weekend.
I concur with you.
I love the communality of using public transport - very much like what you find in your apartment block.
That’s great we also had that for the 18 months we didn’t have the car , we like trains 🚆 which we see you use a lot have a great weekend Cheers 🍺🌸🍷
I’ve lived in apartments and never knew anyone in my building. Living in a home we know our neighbours and all the dog owners in the neighborhood. I also don’t like not being able to change my place to suit my needs. During the pandemic it’s nice to have our own yard too. Can never imagine going back to apartment living
We are all different and at different stages of life. Thanks for watching.
Different stages of life
I moved around so much in my working years that I finally got to own a house when I retired. I am like you, Cricket Baxter. It is much cheaper than renting and you have total control. The only down side is that I need help in maintaining my house and yard at my advanced age.
@@cdnsilverdaddy Very true TFW 🍷🌺
@@howellwong11 We did the maths and there was only $100 difference to the house or renting. But we now don’t have to worry about maintenance, gardening, snow blowing, and have met some wonderful new friends and we are all helping each other through this Covid Pandemic. Enjoy your weekend Cheers 🌺🐣🍺🍷
You have a good point. Thanks for sharing.
Thanks for watching we looked at early retirement as a new chapter in our lives and each day we are learning something new , have a great weekend Cheers 🍻🍺🌸
This is very true, but when my parents were alive, no matter where we lived, we always went back to my parent's home for all holidays and occasions. Sometimes, we only got to see anyone when they came over to my parents house. When my parents passed away (which it has been several years now), everybody scattered to the four corners of the earth and have not been seen since. It truly was the glue that kept us together, but at the time we didn't know it, until reality struck.
Now, we only get emails, skypes, and/or an occasional call, but not one visit and that was before the pandemic. Thus, there are many views on this subject and everyone is different.
You are right the USPS man, Amazon driver and/or the repairman are not your friends.
Ms. L. Churchill
Wow what wonderful memories you have of all getting together, things change and although technology brings lots of good things it takes away the visit in person which is priceless 🌺Have a wonderful weekend Cheers 🍺🍷🌸
@@ThisIsOurRetirement (
My story is exactly the same. Mom was the glue. When she passed away the six grown kids slowly lost contact. Four of us live in the same town. I’m the youngest and I keep wondering how I’ll know when one of us passes. I’m retiring this year. Hoping I get more time and emotional energy to make contact again.
Hi Tina and Norm! Yes lot's to think about there. Just another piece of the retirement puzzle to consider in the future. Have a great weekend.
Hi Chris it’s a big piece of the puzzle 🧩 we are so glad we took early retirement 5 years none of us have a crystal ball 🔮 knowing what’s in the future, hope you are well have a great weekend Cheers 🍷🍺🌺
Great video Tina&Norm! We have followed the same path as you have. Sold the house in in the burbs, rent a condo downtown GTA and spend the summers at our cottage in New Brunswick. Now we see our grandson almost every day and all of our adult children plan their summer holidays around beds-aces at the cottage.
Sound like a great plan and you get to see your Grandson too , have a great weekend Cheers 🍷🍺🌺
I'm 65 and sold my home in 2007. Best decision ever. I retired at that time and have traveled ever since. I can stay any where I want. As long or as short as I want. I've had so many great experiences and met so many interesting people and seen many things. I don't have to worry about "things at home" since home is where I'm at. I don't have a storage unit full of stuff waiting for me nor a car to worry about. Footloose and loving it. I visit family/friends when I want and they are happy to host. Do it now and "make experiences happen and not dream about what you aren't/didn't do". Make home your life and not a place.
Sounds like you are living your dream which is great lots of freedom thanks for watching and have a great week Cheers 🍷🍺🍷
but traveling has become such a drag with covid rules and regulations...
Yes it has we aren’t doing any international travel till at least 2022 , exploring close to home and Canada 🇨🇦 is a great place to do that Cheers 🌺🍷🍺
Thank you for covering this.
Thanks for listening hope you have a great day 🌺
Very inspirational. So glad to have found your channel. Currently getting rid of accumulated junk.
Hi Susan, how are you doing?
Excellent and interesting video! This opens my eyes to new possibilities. Thank you for pointing out how renting and a recreational property can be a great alternative to living in one's single family home. I love this idea.
Thanks for watching, these things are different depending on you circumstances, it made sense for us.
Another wonderful retirement video sledgehammered that like button stay safe awesome and blessed
Thanks for watching hope you are all well have a wonderful weekend Cheers 🍷🌺🍺
Really enjoyed listening to your explanation for selling the house. It was something I had not considered properly. I now agree with your opinion.
That’s great 👍
Your channel has inspired us on how to plan our retirement. We are in our early 40s living in Ontario too. We learned a lot from your videos and seems we’ve watched most of it 😀 and we look forward for your new uploads! Your advices are simple, practical and do make perfect sense. Wish you all the best and please keep inspiring people! 🤗
You are very welcome we are so glad you enjoy our videos we appreciate your support , it’s nice that just telling our story helps others plan their future. Have an awesome weekend Cheers 🌺🍺🍷
Totally agree with all of your decisions. You are so right about the grown up children. That is the way nature meant it to happen!!! You guys really did get me thinking of buying versus renting. We had actually paid off our previous house - but made the big decision to remortgage it and buy another house, renting out the previous family home. That was such a great financial decision. I figured all this "cash" was sitting in that house. Might as well make it work for you. Definitely changed our lives. Selling this large house and downsizing will do the same thing. I have always been a minimalist so this will be easy for me!!! (and totally agree about the condo thing!!) much love from wales xx
Hi Karen sounds like a great plan you did , decluttering and downsizing is a very freeing feeling . We took early retirement 5 years ago and never looked back we love our appartment and it really works for us . Today our weather is great and this morning we saw 40 Tundra Swans 🦢🦢on the Lake just beautiful.
Hope you have a wonderful weekend Cheers 🍷🍺🌺
You did the right thing! You enjoy your life together stress free.
You got that right! it’s wonderful hope you have a great weekend Cheers 🍷🌺🍺
totally agree with myth #1, we are in a similar position, we'd rather our parents come to our home on Christmas because we want our kids to experience the magic of Christmas morning in their own home. I do enjoy going over to my parents place (pre-pandemic) and it does have some nostalgia, but if they were to let the home go, it wouldn't matter, the home isn't as important as the people!
Nice comment 🌺
Thanks again for your videos. I am always learning. I want to sell my home. At this point my fear of the unknown and living in apartment scare me. On a brighter note, I am declutteling as you mentioned. What a weight off my shoulders. Should have done this sooner.
Making change does come with an element of fear of the unknown , however you can look at it as an exciting adventure for a new part of your life . We would say 90% of the people in our building have all sold a house invested the money and come here to rent . Decluttering is great and a big part , it took us 18 months before we actually sold our house . We hope you have a wonderful weekend Cheers 🍷🌺🍺
This was really valuable, even for someone like me. I’m in my late 40’s, our kids are young teenagers, and we sold our house two years ago and moved to Spain- for what was supposed to be a one year experience. Then Covid hit, and we are in a far better position here in Spain than in Toronto. Our kids are have been in school full time since September, we have nice weather, and can still sit at an outdoor patio for coffee or lunch, next to the sea. That said, I did (and do) struggle with selling our family home sometimes on a heart level. That idea of having a home base that will always be there for the kids after they are out of the house. However, we are giving them so many memories and experiences now that they will never forget! When we get back to Toronto we will get a townhouse that will do us for the next decade, and then on to the next adventure. Sometimes we get so caught up in what “should” be, that we miss out on wonderful opportunities!
I wonder if you have AC in your Spain residence?
@@Agent-xj5xe yes, we do.
@@Lisamakes lucky for you through this hot summer. But you have to bear the high energy cost.
@@Agent-xj5xe honestly, it hasn’t been bad because we only turn it on in the rooms where we need theM, and we are not looking for low temps.
Watching your channel for first time. Watched 2 videos. Love your vibe and advice. Your Children are lucky. love that you said there was no time for fear because you started all new, had things to do etc. we all need less fear, do it anyone and expect good results. I’m the more glass full, hubs is the worrier. So we relate. Stay well. ❤️❤️
Hi Kathy Welcome!! it was very exciting to stop work, sell our home and move into a fantastic apartment ( we have made some awesome new friends here too which has given us all new memories) Our swimming 🏊♀️ pool is about to reopen after being shut for Covid so that’s exciting too, hope you are enjoying a great sunny 🌞 weekend Cheers 🍷🌸🍺
I love your young and open minded attitude to retirement. Really helps me with very useful advice. Thank you. I listen to you most days
Wow, thank you! have a wonderful weekend Louisa Cheers 🍷🌺🍺
U2 are a lovely couple. You remind me of my grandparents, totally in love with each other.
Thanks for watching and a lovely comment have an awesome weekend Cheers 🌺🍷🍺
Norm and Tina, I’m so glad I found your channel. Such timely considerations and advice as my husband and I start planning for full retirement. I totally agree with your analysis about condominiums. I know so many people who have been run out of their buildings because of steep hikes in condo fees. For folks on a fixed income - or those who don’t’ want to leave upwards of $500/month in a condo board’s hands - condos are not the way to go. Keep on doing what you’re doing - loving your insights!
You are so welcome! we hope you have a great week Cheers 🌺🍺🍷
@A.B Probably higher but just remember you still have to pay property taxes as well as the Condo Fee Cheers 🍷😎🌺
I absolutely love myth #1. This is so so so true. I'm 42 with 2 small children and I really wish my parents would.sell their home and live more comfortably.
Thank you we are just sharing our experiences but pretty much think some others might benefit from the ideas. Thanks for watching.
Both of you are absolutely adorable! I just happened on one of your videos (the top things that shocked you when moving to Canada) and followed up with this one. I am a new subbie. You really cheered up my day and that's something we all require right now. Thank you, and until next time...
We are so pleased you enjoyed our videos, we believe in being positive and finding happiness where you can. We really appreciate your support, have a nice weekend.
Hi Nancy, how are you doing?
Excellent. We just did this. Getting ready to move into our apartment this week.
Good luck!! that’s wonderful we wish you all the best and enjoy it , have a wonderful week Cheers 🍷🌺🍺
I struggle with this one. Thank you for putting it out there
Sometimes it’s hard to realize what is relatively, it’s not always easy but can give you a wonderful life 🌺🍺🍷
This is a huge subject, with many twist and turns. Bill and I loved our place in Palm Springs in our RV our Strata/HOA fees were getting very expensive almost $500 Canadian , twenty years of wonderful memories.🥂🍾🍻🍾
Yes we have heard of those high fees in the 🇺🇸 USA , but you have those great memories and we are looking forward to our new adventures, stay safe and well and have an awesome weekend Cheers 🌺🍷🍺Thanks for dropping by 🤗
You had me at chip truck 🤣
Another great video, hubby and I have been binge watching your channel... learning a lot.
Have a great Sunday, TFS
Thank you! You too! glad you are enjoying our videos hope our stories might give others ideas to think 🤔 about . Have a great weekend Cheers 🍺🌸🍷TFW 🤗
You two are so good for so many people! I agree wholeheartedly. You’ve dropped some great truth nuggets here! Thank you Tina and Norm.
Thank you so much!
Insightful as always!
Glad you think so!
Thank you 🙏 for sharing your great insights, Norm & Tina... My husband and I are now towards retirement in 3-5 years. Fortunately, we are in Sydney. We are just waiting for our sons (both working in their 20’s) to be ready for family home 🏡 and property investments and pass on what we have. You’re right, building great memories with family.. 😇
Sounds great that you have a plan , we wish you a wonderful retirement life is always better with wonderful memories Cheers 🇦🇺 🍷🇨🇦🍺
We would love you to stop in for a cup of tea! But yes.... we have cleared out homes of our parents.... and so yes, we need to get motivated to start seriously clearing out much of our accumulated stuff. Great memories of your grandmother and the caravan, ~ Brad and Diana
Hi Brad and Diana yes decluttering and downsizing are big but necessary steps we feel to have a great retirement. Our weather is getting better and the snow is melting away so Spring is on its way 🌸 have a great weekend and TFW Cheers 🍺🍷🌺
Your approach is so normal, reasoned and worthwhile
Thanks we appreciate your support glad you liked it Cheers 🌞☕️
Good morning and thanks for the video!
Good morning! Glad you stopped by, have a good weekend.
love you guys - your message is excellent
Thank you 🙂👍
Hey guys great video with lots to think about. I’m close to retirement and it’s not what I expected. Maybe once I have retired I’ll get into it but right now I am struggling a little. Stay warm guys, park opens soon enough. ❤️🇨🇦❤️ Cheers!!!
When we took the decision to retire we changed all at once, sold the home, moved to an appartment in a new area, planned to travel and also had side hustles to keep us busy , it might help you to sort of put a plan together of what you might like to do and then plan to make it happen Good Luck .
Have a wonderful weekend Cheers 🍺🍷🌺
Hey Tina and Norm! You guys look so cute today, and we didn't know that Norm played Tennis! Bears has a couple of Head racquets and loves that brand. It was great to hear the reasons why you sold the family home, it makes sense that your kids have their own lives now, with their own kids, and want you to come to their homes for the holidays. Our families were like that as well, as the generations got older. It's nice that you guys can conversate with other people who live in your apartment building, and don't have to feel so alone. We bet you guys are so excited to go to the trailer once it warms up and have the Grandkids join you for some memories and fun! Our best memories as kids were not with our parents, but our grandparents! They have molded us into who we are today, so your time with them will impact them more than you realize! Great video and love you guys to the mother effin' moon! 💖🥰😘🌛
Hi Bears and Butters thanks for dropping by Norm is really a Costco player more than a tennis 🎾 player LOL 😂 funny you say that but my (Tina) best memories were with my Grandparents not my parents. The snow has nearly all melted away and we are having some nice warm days so countdown to the trailer is on 👏 We hope you are both staying safe and keeping well have a great weekend Cheers 🍺🍷🌺
@@ThisIsOurRetirement They have that Head shirt at Costco? We will look for one next time we are there. Nice to hear you had such great memories with your grandparents Tina.. They are way better than parents.. most of the time..LoL Have a great week you two! 💖🌛💖
You too ☕️
Where we live, single family housing is scarce. 25 yrs ago when we were looking to buy we were frustrated the family homes were occupied by retirees who never left. 20+ yrs later we are delighted to be selling our paid for home so others can experience the dream of home ownership we enjoyed for our family.
Great kind of like the circle of life enjoy your week Cheers 🍷🍺🌺
Yes you get it congratulations, why would two retirees need our three bedroom 2,000+ sq ft home. Same could be said for retiring from your job to let younger people have that promotion.Thanks for watching we appreciate it.
Your solution sounds absolutely perfect.
It has worked well for us have a wonderful weekend Cheers 🍺🌺🍷
Very honest and thoughtful. I'm new to your site, playing catch up.
Nice to see you have a great weekend Cheers 🌺🍷🍺
Very sage advice and I applaud your decision. Ty for sharing your video and hugs and GOD bless you all 🤗.
Thank you! You too! have an awesome week Cheers 🍷🍺🌺🐣
Ty my new friends. You are so enjoyable. HUGS and GOD bless you and your family
Thank you for your wisdom!
You are so welcome glad you enjoyed it Carlos Cheers 🍷🌺🙂
Interesting perspective on retirement housing. I have already sold the big house but am now in the fees increasing townhouse. I am going to look into maybe taking the next step and moving into an apartment. Thanks for sharing your insight.
Sounds like you have a plan , we did it 5 years ago and have never looked back , hope you enjoy your weekend Cheers 🍷🌸🍺
My parents no longer have their family house. They live in separate apartments, although they are still very good friends. Now MY house has become the family hub.
We think that’s great you have become the family focal point awesome 👏
Great vlog, so true about apartment. We moved away from the city after our first child and really missed our friends and the atmosphere from the building. I'm looking forward to your trailer volgs too. Thank you for a great share 👍
We love living in the appartment and have been here 5 years now, yesterday we sat out and had drinks on our balcony in the sunshine overlooking the lake it was beautiful. We even have our own Post box 📮in the mail room . Enjoy your weekend Cheers 🍻🍷🌸This morning we had 40 Swans 🦢🦢on the Lake ☕️
@@ThisIsOurRetirement sounds so lovely, brings back beautiful memory for us. Our building had a communal garden and every evening many of us would just enjoy the evening in everyone's company too 💜
@@familycreate That’s awesome 🍷☕️
Great info. Thank you!
Our pleasure!
Life is short an adventure. You get one shot at it. You cant take it with you. Lets relive our youth and re experience new stories. Do it while you can. My father in law is 90 and he did just that. I will be doing the same. Love life live long.
Thanks for a great comment we agree do it now ! Life is not a rehearsal so do the things you want to do and don’t put off as Tomorrow is not assured so enjoy today . Enjoy your weekend Cheers 🍷🌺🍷
Brilliant, you two are wonderful!
Thanks for watching we appreciate your support have a great week Cheers 🌺🍷🍺
Thank you so much for your advice. This was very helpful. I’ve been thinking of downsizing when I retire even though some say I should keep my home because I have a good sized yard in a very desirable area. But, I think, I can sell it, and then someone else can take care of this massive yard, and I can live off the equity and move to a very nice apartment. Anyway, I think that’s what I’m going to do. Thanks again!
Wow your comment is great that’s exactly what we did go for it , we took early retirement 5 years ago doing just what you said and have never looked back , life is for living you only get on chance. Have a wonderful week Cheers 🍺🍷🌺
I'm 54 but I couldn't agree with you more!! Plant to sell the family home and rent and get a recreational property by 65 (or sooner).
Sounds like a great plan we were 58 and 60 took early retirement 5 years ago and just got our new trailer and so looking forward to it this year . This Covid has made us all look at things differently no more International travel so wow 🤩 got a trailer and we will love our home country of Canada 🇨🇦. Have an awesome weekend Cheers 🍷🌺🍺
Trying to get my wife to sell our large home that just the 2 of us live in. It’s been tough but this may help. Love the trailer idea! We bought a sprinter RV and just returned from a month trip to Florida and want to do it more!!!
@@tfcompleteprivate6312 That sounds great your Sprinter RV and trip , we have never looked back selling the house 🏡 and renting Hope our video helps convince your wife , our next one this Saturday might really be helpful LOL 😂🍀have a great day 🍺🍀🍷
I'm 55 and buying my first home in Florida. Sick and tired of living in a rental apartment and having noisy neighbors and people telling me what type of pet to have or who to sublet to. And in 12 years renting my apartment I have thrown down the drain over $200,000 to help my landlord pay off his mortgage.
@@hipmoma you’re being honest. I’m speaking from my own experiences with people who live in apartments often times they’ll only sing the virtues of living in apartments and deny anything negative you say about it. However if you spend long enough time with them in their apartments and you don’t value their friendship you can point out the negatives like the noisy neighbors or smelly cooking or bumping into nosy neighbors to them.
You guys are great for information!
Glad you think so! have a great week 🍷🌺🍺
Fantastic Decision !!!
This is one of the most wisest and most difficult decision we should All take at sometime or the other in Life.
May God Bless U Both !!!
Love 💕 and Best Wishes to U Both for All your future plans ❤️
Yes it absolutely is a very big decision and can be very difficult also different for everyone, our way might not suit everyone. TFW have a great weekend Cheers 🍺🍷🌸
Sharing these issues you've been through is a help as they are coming our way very fast
That’s our mission to show what we have experienced on the road to retirement. Glad you enjoyed it, we wish you well on your retirement.
Plus it's easier to travel if you don't need a house-sitter.
That’s a great point 👍also people don’t realize for home insurance you have to have someone check your home every 24 or 48 hours 😱especially in Canada 🇨🇦 In Winter 🥶
Have a great week and TFW Cheers 🍺🍷🌺
I love you guys! Thank you for doing these videos. I was recently thinking to myself, I wish elderly people would share their experiences. This is so much better than I could have ever imagined. Thanks again.
You are so welcome! glad you are enjoying our videos we appreciate your support have a great day Cheers 🍷🌻🍁🍺
Hey! who are you calling elderly?! I think the correct term is "seasoned" ! 😂
@@marymarymillidweeb2661 Maybe Mature 🤔at least they loved the video LOL 😂😂🌺
Hi Tina and Norm. As a newer viewer of your videos, I’m catching up on some of your older ones. This video has inspired me to get rid of more stuff in the new year of 2023. Was looking around our basement storage room after taking down the Christmas tree and Ugh! So much stuff! We have a paid for townhome as retirees (in our 50’s/60’s) with low monthly association fee ( takes care of the yard and snow removal ). We are responsible for interior/exterior maintenance. We have extra savings for upkeep and have updated our home from top to bottom more recently which should set us up for the coming years. We’re in this house for the long haul as it is not too big and we have walkability to a grocery store, a park, a shopping plaza and restaurants. In the US we see so many of our friends, siblings and other family buying their biggest house yet in their early 60’s. Can’t understand it, especially approaching the senior years. Seems to be such a status symbol in America to show off wealth with a huge house. I agree with your advice on downsizing. Cheers!🎉
Sounds like a great plan in place Cherry yes we agree not sure why some people want bigger and better in retirement which in itself brings more debt and that’s not good for a happy retirement. Glad you are enjoying our videos have a very Happy New Year Cheers 🥳🥂🌺
So true, I totally agree it.
Thanks so much have a wonderful weekend Cheers 🍷🍺🌺
Insightful commentary!
Glad you enjoyed it have a great Sunday Cheers 🍷🌺🍺
Sandra WESTLEY from the UK it’s so true, what you are saying, when there’s just the 2 of you, it’s easy to visit, where as when your children become parents, it’s so much hassle for them to pack everything up and visit the grandparents, and masses of stuff that kids always needs, high chairs, cots for naps etc etc. We also had a caravan for all the time our grandchildren 6 boys in total, were growing up, we would take one at a time away for a week at a time, they have such fantastic memories of where they went, and what they did. We still caravan, it’s in our DNA
Sounds wonderful TFS great comment have a great week Cheers 🍷🌺🍺
You are absolutely correct.
We are glad we did it we are so happy hope you have a great Sunday Cheers 🍺🌺🍷
Good job couple, cheers and big like from Spain 👍
Thank you! have a great weekend Cheers 🍷🍺🌺
Gosh, you keep revealing things that I have discovered myself, and have had to face up to!...The kids got tired of coming to us every year for the holidays...And they want us to come to their homes instead. And I was badly isolated BEFORE Covid hit, and nearly lost my mind during the distancing required by that epidemic. We, in particular, still have our home outside of nearby towns. It was a good place to raise our children. But they are gone and no one drops by. Ugh.
It’s the evolution of family life, not for everyone but a significant number, we were affected with Covid isolation too hopefully better days ahead. Thanks so much for watching, have a nice weekend.
Funny As I get older I want less and less to do with people.
I think after the experience of a life time, you realize that ,"You and your (Wife) are your only best friends." I had one Good Honest and trust worthy friend in South Africa that died at 28, I am looking foreword to meeting him again. He was the only person that I could ever trust and that includes my life.
@@freddyeltigre2327 Amen to that! My wife and I ARE as close as two people could be. In my lifetime almost 65 years I've had maybe two real friends. They are like unicorns, since we abandon all the people who said they were our friends our lives as SO much less complicated, we are so much more happy about our life and future.
@@discoveryman59 Isn't wonderful , just the Two of you ! Real Soul mates !
I am just the opposite. The more people I meet the better.
@@JBoy340a You Will Learn quickly !