Buying A Las Vegas Home Gets Easier As Retirement Nears

Buying A Las Vegas Home Gets Easier As Retirement Nears

    One of the advantages of reaching retirement age is that your needs can be much clearer to gauge than they were in the past. When it comes to planning for buying a home in Las Vegas, for instance, you no longer have to worry about many of the contingencies that created vast unknowns earlier on. 

    When we were at the starting line in careers and family life, we couldn’t know exactly where our career would send us, so the level of certainty we had when we bought our first house was sketchy at best. Likewise, the shape of our family, needs of our children (and even those of our parents) loomed as giant question marks. We might have had definite ideas about what we wanted the future to bring, but sooner or later, most of us learned that what happens is up for grabs. In the words of the immortal philosopher John Lennon, 

            Life is what happens to you 

            While you’re busy making other plans… 

    But as the more life experience builds, the better we get at predicting what the future holds. But that’s a skill that is only useful if we take what we now know and apply it. As retirement nears, here are four areas where most of us should be better able to make much better-informed decisions when it comes to buying a home in Las Vegas

        1. Choose an Appropriate Size 

        Many couples seek large houses early in life because they expect to have children. Once the next generation has vacated the premises, though, staying in a home that’s larger than necessary means blown money—not to mention wasted time spent cleaning unused rooms. Retirees may be slow to recognize their new downsizing option: buying a home that better correlates with current needs. They may even want to consider a condo or apartment if minimal upkeep frees up income to direct toward more enjoyable activities. 

        2. Consider a Single-Level Home 

         Most people experience mobility issues as they age. Some solve the problem by installing expensive devices in their homes, even though they could deal more directly with those problems by moving to a home configured to present fewer challenges. For some people, moving to a simplified home lets them live independently for many additional years--for example, a single-level home without a front porch eliminates stairs entirely. 

        3. Find a Convenient Location 

        At some point, retirees may reluctantly decide that they don’t feel safe driving their cars. If anyone experiences warning signs of unsafe driving, it’s prudent to give up the keys before an accident forces the issue. This causes fewer problems when a retiree has chosen a convenient location. It could mean living close to stores, public transportation—or near relatives who can help with everyday tasks. 

        4. Stay under Budget 

        Retirees need to take seriously realistic budget expectations since it’s usually true that they will have less money coming in than until now. An inelastic income may take some getting used to—but knowing what’s coming will make intelligent planning possible. 

    When it comes to locating and buying a Las Vegas home that fits your specifications, I hope you will give me a call to discuss the current crop of appropriate available properties!Image title


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Phone: 702-785-4699
Dated: February 12th 2015
Views: 545
About John: John Gafford, as seen on NBC’s The Apprentice, is a listing specialist. As the Broker Owner of the...

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