Retirement

Gern Blansten · June 25

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

OnWis97 · June 25

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

That's how I see it, as well. This is an apolitical thread so forgetting all of that, sure, there's no snow and little cold, but the humidity is bonkers, the threat (and reality) of weather disasters is about the worst in the country, and given the in-migration and development patterns, I have to imagine any populated area in the state is starting to resemble LA in terms of traffic.

mickeyrat · June 25

AND Leon's exploding rockets seem to be raining debris as far as florida....

HughFreakingDillon · June 25

OnWis97 said:

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

That's how I see it, as well. This is an apolitical thread so forgetting all of that, sure, there's no snow and little cold, but the humidity is bonkers, the threat (and reality) of weather disasters is about the worst in the country, and given the in-migration and development patterns, I have to imagine any populated area in the state is starting to resemble LA in terms of traffic.

you don't care about humidity/heat when you're that age. My dad kept the thermostat when I was growing up at 68. Now it's close to 80, still wears a fucking sweater in the house. It's crazy, but it happens to all of us.

Bentleyspop · June 25

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

You couldn't pay me enough to live in hell I mean Florida.
I'm certainly not going to live out my golden years in that hellscape.
It's bad enough I go down there once a year to visit relatives.
The traffic
The heat
The humidity
The horrendous drivers
The right wingers
The crazy regressive politicians
Florida man

HughFreakingDillon · June 25

everyone here shitting on Speedy's dream. haha

Gern Blansten · June 25

OnWis97 said:

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

That's how I see it, as well. This is an apolitical thread so forgetting all of that, sure, there's no snow and little cold, but the humidity is bonkers, the threat (and reality) of weather disasters is about the worst in the country, and given the in-migration and development patterns, I have to imagine any populated area in the state is starting to resemble LA in terms of traffic.

Just over the last few years I have had two clients that are close to my age buy retirement homes in FL. One in Cape Coral and one north of Tampa. Both have had their homes gutted by hurricanes.

The one north of Tampa is just now getting their home repaired. All drywall waist down was removed due to water damage. All furniture destroyed, etc.

I also just remembered an elderly client that had a home in Bokeelia, FL, that had extensive damage. She was in IN when the hurricane went through and then had to deal with damage assessments remotely. Neighbors were telling her that half her roof was gone, etc. I just can't imagine having to deal with something like that in retirement.

OnWis97 · June 25

Gern Blansten said:

OnWis97 said:

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

That's how I see it, as well. This is an apolitical thread so forgetting all of that, sure, there's no snow and little cold, but the humidity is bonkers, the threat (and reality) of weather disasters is about the worst in the country, and given the in-migration and development patterns, I have to imagine any populated area in the state is starting to resemble LA in terms of traffic.

Just over the last few years I have had two clients that are close to my age buy retirement homes in FL. One in Cape Coral and one north of Tampa. Both have had their homes gutted by hurricanes.

The one north of Tampa is just now getting their home repaired. All drywall waist down was removed due to water damage. All furniture destroyed, etc.

I also just remembered an elderly client that had a home in Bokeelia, FL, that had extensive damage. She was in IN when the hurricane went through and then had to deal with damage assessments remotely. Neighbors were telling her that half her roof was gone, etc. I just can't imagine having to deal with something like that in retirement.

My mother has a couple of old friends that winter(ed) in Florida. In whichever hurricane it was a few years ago, one got away unscathed and one lost their home and now winters in Arizona (which they don't like for whatever reason...lack of ocean?). As a Minnesotan, I certainly see the benefit to getting away from the terrible/long winters we have. But I don't want to spend my golden years dealing with water damage and fighting insurance companies.

Gern Blansten · June 25

OnWis97 said:

Gern Blansten said:

OnWis97 said:

Gern Blansten said:

Yeah I don't see any benefit to FL. Shit is falling apart there. Insurance is insane and every so often a hurricane destroys everything.

That's how I see it, as well. This is an apolitical thread so forgetting all of that, sure, there's no snow and little cold, but the humidity is bonkers, the threat (and reality) of weather disasters is about the worst in the country, and given the in-migration and development patterns, I have to imagine any populated area in the state is starting to resemble LA in terms of traffic.

Just over the last few years I have had two clients that are close to my age buy retirement homes in FL. One in Cape Coral and one north of Tampa. Both have had their homes gutted by hurricanes.

The one north of Tampa is just now getting their home repaired. All drywall waist down was removed due to water damage. All furniture destroyed, etc.

I also just remembered an elderly client that had a home in Bokeelia, FL, that had extensive damage. She was in IN when the hurricane went through and then had to deal with damage assessments remotely. Neighbors were telling her that half her roof was gone, etc. I just can't imagine having to deal with something like that in retirement.

My mother has a couple of old friends that winter(ed) in Florida. In whichever hurricane it was a few years ago, one got away unscathed and one lost their home and now winters in Arizona (which they don't like for whatever reason...lack of ocean?). As a Minnesotan, I certainly see the benefit to getting away from the terrible/long winters we have. But I don't want to spend my golden years dealing with water damage and fighting insurance companies.

yeah fuck that....I would opt for TN or AL. Find a nice apartment or condo and spend the winter there.

OnWis97 · June 25

My top two are San Diego and Santa Fe. But I don't think I'll be able to afford it.

Gern Blansten · June 25

OnWis97 said:

My top two are San Diego and Santa Fe. But I don't think I'll be able to afford it.

yeah San Diego or San Clemente would be nice....all year actually....perfect temps, never too hot or cold

Lerxst1992 · June 25

Gern Blansten said:

gotthebottle said:

I'm turning 61 and was hoping to work to 70 to maximize my SS... but that's probably not gonna be there for me

it will be there....I'm planning on pulling at my full retirement age

it seems like living to 80 is the mark where benefits at your full retirement age match cumulative benefits when you wait until age 70.

If folks have a 401k that they don’t need to touch if claiming SS early, and it averages 7% return, there is no way to break even by deferring SS, even if we live to 90.

Gern Blansten · June 25

Lerxst1992 said:

Gern Blansten said:

gotthebottle said:

I'm turning 61 and was hoping to work to 70 to maximize my SS... but that's probably not gonna be there for me

it will be there....I'm planning on pulling at my full retirement age

it seems like living to 80 is the mark where benefits at your full retirement age match cumulative benefits when you wait until age 70.

If folks have a 401k that they don’t need to touch if claiming SS early, and it averages 7% return, there is no way to break even by deferring SS, even if we live to 90.

sure there is....depends on your tax bracket right?

SPEEDY MCCREADY · June 25

Spurs14 said:

SPEEDY MCCREADY said:

Heading down to the Orlando area in 2 days. Going to look at 3 more apartments, and make our decision on which one to rent for 12 months.

I’m down here right now. Looked at 10 apartments on Monday and 9 houses/townhomes tomorrow. Need to decide what makes the most financial sense. Winter Garden, Horizon West to be specific. Have lived here before. Small world (no pun) if our paths crossed.

We loved what we saw in Winter Garden. We have narrowed it down to 2 or 3 places, but like I said, we are going to look at a few more in the next few days.

gotthebottle · June 25

OnWis97 said:

My top two are San Diego and Santa Fe. But I don't think I'll be able to afford it.

San Diego... my town.. just reached 9th on most expensive city in US

SPEEDY MCCREADY · June 25

Spurs14 said:

SPEEDY MCCREADY said:

Heading down to the Orlando area in 2 days. Going to look at 3 more apartments, and make our decision on which one to rent for 12 months.

I’m down here right now. Looked at 10 apartments on Monday and 9 houses/townhomes tomorrow. Need to decide what makes the most financial sense. Winter Garden, Horizon West to be specific. Have lived here before. Small world (no pun) if our paths crossed.

Buffalo Grove?
I'm in River Grove.

It truly is a small world, after all.

Poncier · June 25

tempo_n_groove said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

Heading down to the Orlando area in 2 days. Going to look at 3 more apartments, and make our decision on which one to rent for 12 months. Kathy is going to keep working for 2 years, hopefully from home most of time. Our house will hopefully be officially up for sale within the next 3-4 weeks. All the major work has been finished. Gonna have a pod delivered and start loading it up with our belongings. Also going to get a small dumpster delivered and load that up with garbage and the furniture that we are not taking with us. Im paying someone to drive the pod down to Florida. The price was much cheaper than I was thinking it would be.

Hopefully the next 3-8 weeks go smoothly.
Im not really worried about the house selling. It’s going to sell quickly.

That’s exciting!! Best of luck. I’m not too far behind. I’m done with nyc. Can’t take the weather anymore amongst many other things. Narrowed down to Melbourne or Stuart Florida. Hoping by December to have an apartment rented. If everything works out and we love it, we’ll be on the hunt for an ocean front condo.

Keep us updated!

Right on! The housing market in Florida is tanking. Im in no hurry to buy. Ill rent a year, make sure we are happy, and then we will make our next move. Being an hour or so from The Gulf, Cocoa Beach, and Daytona(Although I wasn't impressed with Daytona our last trip), sounds perfect.

Good for you for making the move. You only live once.

Yea dude I’m in no rush. Theres an abundance of inventory. Again, good luck and keep us updated!

The Florida housing is ridiculous. I've watched the prices plummet over the last 12 months. But finding single family homes in the area we want, that DO NOT have HOA, isn't easy. Its a whole different world down there.

but for Gods sake stay away from the Villages!

Nah, I think Speedy should get a place in The Villages and put a huge pineapple on the front stoop.

SPEEDY MCCREADY · June 25

Poncier said:

tempo_n_groove said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

Heading down to the Orlando area in 2 days. Going to look at 3 more apartments, and make our decision on which one to rent for 12 months. Kathy is going to keep working for 2 years, hopefully from home most of time. Our house will hopefully be officially up for sale within the next 3-4 weeks. All the major work has been finished. Gonna have a pod delivered and start loading it up with our belongings. Also going to get a small dumpster delivered and load that up with garbage and the furniture that we are not taking with us. Im paying someone to drive the pod down to Florida. The price was much cheaper than I was thinking it would be.

Hopefully the next 3-8 weeks go smoothly.
Im not really worried about the house selling. It’s going to sell quickly.

That’s exciting!! Best of luck. I’m not too far behind. I’m done with nyc. Can’t take the weather anymore amongst many other things. Narrowed down to Melbourne or Stuart Florida. Hoping by December to have an apartment rented. If everything works out and we love it, we’ll be on the hunt for an ocean front condo.

Keep us updated!

Right on! The housing market in Florida is tanking. Im in no hurry to buy. Ill rent a year, make sure we are happy, and then we will make our next move. Being an hour or so from The Gulf, Cocoa Beach, and Daytona(Although I wasn't impressed with Daytona our last trip), sounds perfect.

Good for you for making the move. You only live once.

Yea dude I’m in no rush. Theres an abundance of inventory. Again, good luck and keep us updated!

The Florida housing is ridiculous. I've watched the prices plummet over the last 12 months. But finding single family homes in the area we want, that DO NOT have HOA, isn't easy. Its a whole different world down there.

but for Gods sake stay away from the Villages!

Nah, I think Speedy should get a place in The Villages and put a huge pineapple on the front stoop.

Pretty sure when I get down there, this will be my 1st purchase. That's if
The heat
Humidity
Traffic
Insurance
Hurricanes

Locusts
Covid
Republicans
Etc
Don't kill me 1st.

Bentleyspop · June 25

SPEEDY MCCREADY said:

Poncier said:

tempo_n_groove said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

nicknyr15 said:

SPEEDY MCCREADY said:

Heading down to the Orlando area in 2 days. Going to look at 3 more apartments, and make our decision on which one to rent for 12 months. Kathy is going to keep working for 2 years, hopefully from home most of time. Our house will hopefully be officially up for sale within the next 3-4 weeks. All the major work has been finished. Gonna have a pod delivered and start loading it up with our belongings. Also going to get a small dumpster delivered and load that up with garbage and the furniture that we are not taking with us. Im paying someone to drive the pod down to Florida. The price was much cheaper than I was thinking it would be.

Hopefully the next 3-8 weeks go smoothly.
Im not really worried about the house selling. It’s going to sell quickly.

That’s exciting!! Best of luck. I’m not too far behind. I’m done with nyc. Can’t take the weather anymore amongst many other things. Narrowed down to Melbourne or Stuart Florida. Hoping by December to have an apartment rented. If everything works out and we love it, we’ll be on the hunt for an ocean front condo.

Keep us updated!

Right on! The housing market in Florida is tanking. Im in no hurry to buy. Ill rent a year, make sure we are happy, and then we will make our next move. Being an hour or so from The Gulf, Cocoa Beach, and Daytona(Although I wasn't impressed with Daytona our last trip), sounds perfect.

Good for you for making the move. You only live once.

Yea dude I’m in no rush. Theres an abundance of inventory. Again, good luck and keep us updated!

The Florida housing is ridiculous. I've watched the prices plummet over the last 12 months. But finding single family homes in the area we want, that DO NOT have HOA, isn't easy. Its a whole different world down there.

but for Gods sake stay away from the Villages!

Nah, I think Speedy should get a place in The Villages and put a huge pineapple on the front stoop.

Pretty sure when I get down there, this will be my 1st purchase. That's if
The heat
Humidity
Traffic
Insurance
Hurricanes
Locusts
Covid
Republicans
Etc
Don't kill me 1st.

Don't forget Florida Man

nicknyr15 · June 25

Everyone is different. Strange right? I love the heat and humid. Traffic? lol. I can’t get anywhere living in NYC. The traffic is a joke and it’s worse than EVER. Affordability? You cannot rent a shitty (legal) studio for under 2k. Forget about 2 bedrooms. The winter? I’m done. Cannot and will not do one more. I’d rather live through 4 months of Florida summer than 9 months of northeast winter. I’m a coastal guy, I love the ocean. There’s risks everywhere in the world. Every state has issues. It’s all relative to what you want and where you lived before. None of the negative stuff I hear scares me one bit.

Im glad I was born and raised in Brooklyn. Wouldn’t have it any other way. But at this point in my life, I know what makes me happy. I’m lucky to have the means to live the way I feel most happy.

Retirement

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