Retirement Planning - Lessons Learned

   / Retirement Planning - Lessons Learned #211  
I take the opposite view....here some people are stuck in the 1800s. And not in a good way.
I think that's true of any rural area. Then people don't understand when they don't fit in.
 
   / Retirement Planning - Lessons Learned #212  
I take the opposite view....here some people are stuck in the 1800s. And not in a good way.

It's a little bit of both, actually. We're seeing a lot of it now, real estate sales in the last 10 months have really taken off as people try to get away from Covid and all of the crazy crap going on in the big cities. Yet they are bringing many of the problems with them which they are trying to get away from... and while Covid was once something which happened to other people in populated areas, it's becoming more and more widespread even in the smaller towns.
 
   / Retirement Planning - Lessons Learned
  • Thread Starter
#213  
I am looking forward to Friday:) and starting my retirement journey and rejoining TBN:) We should also be able to travel and see the sites of the great USA!

Congrats on your retirement and good luck!

Coworker announced his retirement today, 64 years old and almost 40 years of service. Bittersweet but I'm very happy for him.
 
   / Retirement Planning - Lessons Learned #214  
We're seeing increased sales of local mountain properties both here and other rural mountain parts of CA. People who now work from home realized they don't need to live in town so they can have a bearable commute to the office. When Covid's over I don't see those workers going back to the office nearly as often as before Covid, if ever. I don't see it as escaping Covid so much as discovering that it's possible to realize their dream of living in a rural area while they're still employed rather than waiting for retirement.
 
   / Retirement Planning - Lessons Learned #215  
We're seeing increased sales of local mountain properties both here and other rural mountain parts of CA. People who now work from home realized they don't need to live in town so they can have a bearable commute to the office. When Covid's over I don't see those workers going back to the office nearly as often as before Covid, if ever. I don't see it as escaping Covid so much as discovering that it's possible to realize their dream of living in a rural area while they're still employed rather than waiting for retirement.

Yet what happens as they turn that "Rural Area" into a suburb?
 
   / Retirement Planning - Lessons Learned #216  
Hopefully rural does not end up being a compound but sounds like some members are well fortified already.

I wonder how many planning retirement plan to retire in place without moving?
 
   / Retirement Planning - Lessons Learned #217  
Hopefully rural does not end up being a compound but sounds like some members are well fortified already.

I wonder how many planning retirement plan to retire in place without moving?

That'd be me, at least until I cant get around as well. My road has two hills which can be a challenge in winter.
The wild card is if the property next to me gets sold without me getting a chance to buy it.
 
   / Retirement Planning - Lessons Learned #218  
Yet what happens as they turn that "Rural Area" into a suburb?

It's inevitable that more people will show up to every place that doesn't totally suck. If only we could convince people to stop reproducing...

I wonder how many planning retirement plan to retire in place without moving?

Me! I didn't want to wait for retirement to move to the mountains, I did it a long time ago.
 
   / Retirement Planning - Lessons Learned #219  
That will cover a modest 3 BR home and about 75 acres of rural Ag land here.

I pay about that ($1200.00) per yr with 3500 sq home, and one 40x80 barn and 1- 40x40 barn with 40 acres
 
   / Retirement Planning - Lessons Learned #220  
Hopefully rural does not end up being a compound but sounds like some members are well fortified already.

I wonder how many planning retirement plan to retire in place without moving?

A lot of us grew up, got educated, looked around and there were no jobs paying worth a darn for our education level. It was move to where the jobs were.
So I moved, did my 40, retired, and have now spent 10 years trying to move.
But the darn real estate market is such that the value of my real estate is going up way faster than my costs.

Now many of the educated are finding they can work remotely for most of the day and still be productive and pull down a good paycheck and more important MANAGEMENT is figuring out how to value output without leaning over the workers shoulder.
About 40 years ago at the small Army research lab I worked at they started "flex time" and occasional "remote work". Virtually none of the managers could deal with it.
Now my son, who works at the same lab in a semi-management position goes in for a couple of hours a day at the most, the rest is work from wherever.
Others who have had an hour commute work from home 3 days a week or less.

As this gets more widespread I expect the rural areas will become denser as jobs that don't require a physical presence let people just get the work done.

Writing a research paper or a computer program can often be done remotely. Of course if you fix steam leaks you have to be on site.
 

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