Navigating the 55+ Lifestyle: Finding the Perfect Fit and Financial Freedom
Many dream of a fulfilling and carefree 55+ lifestyle, but rising costs like HOA fees and property taxes can throw a wrench into those plans. This week, I spoke with a resident in a beautiful Plymouth County 55+ community who loved her home and community, but the high monthly payments were a concern. She is paying property taxes as well as a HOA fee. This scenario is all too common in some 55+ communities as well as non-age-restricted areas.
Here's the good news: Your 55+ dream doesn't have to come at the expense of your wallet. Let's explore some options:
Uncovering Cost-Effective Choices: Look beyond traditional 55+ communities. Consider charming, budget-friendly homes in non-age-restricted areas that might offer lower monthly costs.
Unlocking Hidden Savings: Maybe you don't need to move. Explore ways to optimize your current living situation. Many towns offer senior discounts on property taxes. Look into cost-effective lawn care and snow removal options. Contact local trade schools to see if they offer discounted services for seniors. Your local Council on Aging can be a valuable resource for cost-saving programs and support. Many of these local senior centers have some great programs and activities and some free lunches!
Making Informed Decisions: Start preparing now by giving me a call and arranging for me to drop off your Guide to the 90+ 55+ Communities in Plymouth County, packed with valuable insights and cost breakdowns to help you navigate the financial landscape of different communities. It’s never too early to start!
The key is to find a 55+ living situation that maximizes your happiness and financial security. It's not a one-size-fits-all solution. Whether you decide a 55+ Community is right for you, here are some questions to consider:
Motivation: What draws you to a 55+ community?
Financial Fit: Can your budget handle the ongoing costs?
Social Connections: Do you thrive in a social environment with similar-aged peers?
Community Rules: Can you comfortably adapt to the community regulations?
Let's chat! I'm here to equip you with information and guidance, not pressure you into a move. Schedule a consultation today to explore all your options. You can reach me at (508) 287-8319 or pam@plymouthcountyliving.com
Pam Corning is a Seniors Real Estate Specialist® (SRES®) who began her journey in the world of real estate back in 2014 and since then has joined HomeSmart First Class Realty, bringing nearly a decade of invaluable experience to Plymouth County's real estate landscape.
Pam has earned the distinguished Seniors Real Estate Specialist® (SRES®) designation, underscoring her unwavering dedication to meeting the distinctive demands of individuals aged 55 and above. With this specialized expertise, Pam has firmly established herself as a trusted authority in real estate services tailored to downsizers and 55+ communities.
