Downsizing or Purchasing? Regardless in Retirement Its Your Choice
During our golden age of retirement, we often think about how to better expand
our money. After all, the objective is to last longer than our cash. One strategy for many is to simplify their living arrangements.
Downsizing often decreases expenses, and it provides a previously untapped retirement fund. For many in retirement the opportunity is especially effective because their home is paid for.
Cost Benefits of
Purchasing a Smaller Home
For many retired persons a smaller home is practical. The
kids have grown up and moved on, there is no longer a need for all those unattended to rooms. Its a wonderful way to reduce expenses on maintenance, cleaning supplies, utilities and the list goes on.
The tax benefits is what leads most if not all to home ownership, however with earnings reduced the need for a large tax right off is no longer. In fact many seniors are able to qualify for a tax reduction on their personal property taxes, through their local or state government. Downsizing your home allows many to downsize their way of life as a whole. A huge load off that allows persons in retirement to start living and enjoying themselves.
The Golden Years---Where to Spend them?
Why is Annapolis a wonderful community with which to retire to? Many may ask. Annapolis offers the tranquility of a water enthused backdrop with a splash of nightlife and a myriad of shopping alternatives. Not to mention the wonderful housing options that exist. Live close to the waterfront and enjoy the sweet communities of Gingerville and Herald Harbor just steps from Annapolis. These communities offer the quintessential charm of old shops, homes and buildings turned into fantastic mom and pop dining and boutiques, that you just won't find in the mall. Coffee shops and cupcake eateries line the streets and add to the sweetness of the atmosphere.
Want to live in the mecca of shopping, dining and the nuances of high rise luxury buildings complete with concierge services? Then Parole and West Streets are more your style. Walk to national stores and enjoy quaint wine boutiques that offer private tastings for you and few friends.
Why shouldn't retirement be the best time of your life? Annapolis Town Center allows for wonderful living, you can escape to the gym upstairs, enjoy a cup of tea or your favorite smoothie at Whole Foods. Not to mention the enjoyment of fun and fabulous dining at the following places....
Brio An Italian Delight |
What if You Want a
Bigger House?
Some retired persons aren't enthusiastic about downsizing:
They want to "upgrade" their way of life. Perhaps you want the house large enough for your grandchildren to come stay over the summer. Some wait for retirement to finally get their dream home. If that is your style, Annapolis is still the community for you. Just across the way in the backdrops of Bestgate Road sites the diminutive community of Monticello. That's not to say it lacks anything in character. Monticello is a well thought out community of gorgeous single family 4 to 5 bedroom homes, beautiful landscape and a private pool and clubhouse. Who wouldn't want to be a resident at Monticello!
Best of all Annapolis Mall is literally in your purview. Walk across the street and be at the finest of national chains.
Retirement is a golden time where there should be more enjoyment and less hassle. If you've planned well you can have the style of living you desire. Annapolis is a place that allows for a lot of latitude. All in a days "work" one can share a cup of coffee while sitting by the water, do a little shopping, purchase a vintage wine and take a stroll through the mall.
Take a gander of all Annapolis has to offer at Annapolis Luxury Properties
Contact Us At http://www.findmydcmetrohouse.com
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