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Yes, we have a home in Maine and one in West Virginia. We split our time between the two before we totally retire. After retirement, we'll make up our minds which house we will move to and which one we'll sell. As for children, ours know that we will be making changes in the next few years and by that time they should have their own lives going on.
Didn't do this but probably should have (if we could afford to) because the choice we made wasn't the right one. It's okay for now while we look for another place to move to in a few years when the economy is hopefully better.
We bought a vacation home 800 miles from where we currently live a couple of years ago and plan to move to it just after the first of the year (retiring). We spent 5 years going to the place we decided on at least a couple times a year in different season so we felt pretty confident of our choice BEFORE we made it. As for our adult children, they are fine with our move. It is a long days drive to where we will be moving and they both love it so much they would move there as well if they could so I know we will see them often. Just as insurance though we are keeping our home here and our daughter's family will live in it. My job isn't the kind I could do remotely so I will just be leaving my job but later if I found something I could do remotely I might consider it.
We were both employed in very good jobs, so we decided to build our retirement home and have it paid for before we retired. After it was built we decided we liked it (and it's location) better than our primary--and also determined that market conditions were prime to make a windfall on the primary. So we sold the primary, and moved into the retirement home.
My husband and I both work remotely. Our son wasn't thrilled with the the idea of moving at first (he had graduated but was still at home) but over the years has decided that he does like our new area better than where we were before.
We are now looking for another vacation home/retirement home in a different part of the country, but are in no rush to buy anything and will do so only if we find the perfect deal.
We wanted to move to a low crime town not in a big city. We found the perfect town, but never looked into how far away it was from things we would do on a regular basis, etc. Except for the grocery store, Walmart & some shops, we have to travel 25-30 minutes to get to shopping, restaurants, etc.
Where we used to live, we liked going to small, quaint towns to walk around the shops and then go by the water. There are no small towns near us like this. There are lakes, but not ones where you sit and watch the sailboats, etc.
We loved going to the town fairs & to see the country music stars who performed for the price of entrance. Here (above Nashville) the country stars come to live and may perform in the city where we really don't go. At fairs are local, newer acts.
Eventually we wanted to become active in the senior center's activities only to find the closest one is 30 minutes away and doesn't do a lot. We previously lived in CT where the senior center had many activities, etc as well as the adult education classes you could take at local high schools. It was fun taking watercolor, line dancing, etc. I thought I'd do line dancing here but found out you have to go to the bars in Nashville - not for me.
We lived in the northeast before and thought we could find many of the things we enjoyed doing here, but we can't. Since we've been here (over a year), we constantly talk about where we want to move to be happy. We both feel we are existing here, not living and don't want to live out our lives this way.
Before we make our next move (hopefully last), we will make a list of all the things we want to do in detail and look closely to make sure that those things are available. Sometimes I don't think you realize what it is you're looking for until you move and find out what you're missing. We now know what we're missing and will search to find a happier place to call home.
We also purchased a home before retirement...2 years ago...I wanted to get
it before I retired which was this year,now we will sell our home in New York
and move out to PA full time...
I personally would never do that unless I am exceptionally wealthy (50m+ net worth). The only way I'd buy a second home would be for income production.
We bought a condo in Myrtle Beach--we do rent it some, but the rent isn't enough to pay for itself. Mind you, it's not large enough to use as a permanent home, but it is a great place to go for vacations and quick get-a-ways!
We love it!
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