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AT - Where are you planning to retire?

rasczak

Lifer
I never really gave it much thought as I had always assumed I would retire in California, but recently have started to consider moving out of the country altogether once I retire. Just now sure where. I know I won't have much in terms of retirement at that time, so I may end up in the Philippines or something.
 
I'm 29 so I have plenty of time to decide, but if I had to choose right now, I'd head back to my hometown or somewhere in the area (Upper Peninsula, MI). I miss it.
 
My brother always thought he would retire to California so he bought a lot in the Sierra foothills in the early 90's. A few years ago, he was ready to start getting it ready to build on. But, since he got it, the zoning changed and the lot he has is too small. A zoning variance is doable because he's grandfathered, but the lawyer said that can cost up to 15K. Also, he wanted to remove trees, but only state approved foresters are allowed to cut them down and they are expensive. He had to scrap his plans and sell the lot. He did make a moderate profit on it though.
 
My fantasy is to have a summer home in the north, a winter home in the south, and an RV to casually stroll between them.
Neither house needs to be large, in fact since I'll be paying someone to maintain it when I'm not around, they should probably be small, simple affairs. I bedroom, computer and TV in the living room, small kitchen with a little dining table. Perhaps a workshop though, which would also double as a pantry.
 
Wife and I would like to get a lake home someday but we're beginning to question that idea if we stay in Minnesota. We'd only get any real use out of the lake 5 months out of every year. I'm not an ice fisher so when the lake is cold or frozen over we'd get no use out of it.

Maybe we'll look at somewhere a bit warmer if we want a lake home.
 
I will probably live most of the year in Vancouver, and then spend some winter months somewhere warmer, but I don't want to tie my winter location to one place. I'd rather spend a month in Mexico, then maybe a month in Australia, etc.
 
I'm thinking the Carolinas. Nice weather, not too many hurricanes, and beautiful country. Kind of a hip area too. I want to stay away from those places where old people wear Hawaiian shirts and sit around in diners all day complaining about how expensive everything is.
 
In my grave. By the time we're all "of retirement age", there won't be any such thing as retirement anymore. Just look at typical retirees these days. Most of them have to work + social security just to get by anyway.
 
Next to lakes. (Plural.) I'll move around seasonally to stay in nicer weather. There's one particular lake in NY that I'd probably stay at from early May through October.

I'd also end up eating a lot of fish after I retire. Just had some beer (Yuengling) battered fish for dinner last night. MMmmmm mmmm mmmm. We have a couple of friends we've met at that lake who do exactly that. Incredibly cheap living; lot is $1000/ season plus electric. Includes the dock space. Every morning, one of those guys heads out at dawn, limits out on crappie, and comes back in to relax all day.
 
Next to lakes. (Plural.) I'll move around seasonally to stay in nicer weather. There's one particular lake in NY that I'd probably stay at from early May through October.

I'd also end up eating a lot of fish after I retire. Just had some beer (Yuengling) battered fish for dinner last night. MMmmmm mmmm mmmm. We have a couple of friends we've met at that lake who do exactly that. Incredibly cheap living; lot is $1000/ season plus electric. Includes the dock space. Every morning, one of those guys heads out at dawn, limits out on crappie, and comes back in to relax all day.

That doesn't make any sense. You live in New York, and therefore, by definition, you must retire here in Florida.
 
Next to lakes. (Plural.) I'll move around seasonally to stay in nicer weather. There's one particular lake in NY that I'd probably stay at from early May through October.

I'd also end up eating a lot of fish after I retire. Just had some beer (Yuengling) battered fish for dinner last night. MMmmmm mmmm mmmm. We have a couple of friends we've met at that lake who do exactly that. Incredibly cheap living; lot is $1000/ season plus electric. Includes the dock space. Every morning, one of those guys heads out at dawn, limits out on crappie, and comes back in to relax all day.

Minnesota has 14,000.

scheming.gif
 
unsure, too far off

Even if you are 18, you should still put some thought into it. No one with any sense is going to ask a teen to set their retirement plans in stone, but just spend some time each week thinking about your future. Dream a little. Maybe write down some ideas in a journal. Realistically specific plans can never happen this far out, but its nice to not be clueless for 50 years and all of a sudden start worrying.
 
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