Empty Nesters

The kids are grown, maybe graduating from High School or in College and the home that you raised your family in, just is too much too keep up now that they have all moved out. You just don’t need that much room anymore. You husband doesn’t want to keep up the pace and hours that he has maintained at his profession for so many years. You both still have lots of dreams about what it is that you want to do together before you get too old and your health no longer permit you to travel.

Does this case scenario sound like maybe something that might be taking place in your lives now? I have successfully helped many people like you in this same situation. And it was a much easier move than my clients ever though it would be.

The Sandwich Generation

The Sandwich generation, those caught between their aging parents, grandchildren, young children, and adult children includes some 20 million Americans. You are in some way involved with elder or parent care. For many, the responsibility of caring for aging parents hits at a time when you are also raising children and/or anticipating sending them to college. Your ages range between the 30’s to the 60’s.

How does one fill the financial needs of not only their families but of those of the aging parents? Assisted Living homes are very costly, skilled nursing homes are usually only a last option. Our parents want to remain as independent as possible and age in place in a home setting. But with their earning power diminished and a limited budget for many to live on, their grown children are in a quandary. What are their grown children to do? Well many times the only sensible thing to do is blend the family lives as one. That means possibly selling Mom’s or Dad’s home and your home and purchasing a home that can provide independence and privacy for both families.

How well I know this story. That is actually what my aging mother and I did. We each sold our homes, consolidated our proceeds and purchased a home that would give Mom, me, and my two young children the privacy and independence that they so deserved.

Conclusion

The first wave of baby boomers will reach the age of 65 in the year 2010 and more and more baby boomers will be downsizing from their homes. Not only am I a realtor for over 20 years, but I hold a dual master’s degree in social work and gerontology from USC and understand financial and emotional needs. A baby boomer myself, I understand about wanting to reduce the debt and establishing clear goals for both you and your spouse as you age. I focus on your needs and goals in order that you both are able to close this chapter of your life and start the next one with less financial stress and more freedom for both of you.

Won’t you call me today for more information on how I can make it happen for you too!!