Boomer Retirement Plans Stomped By Recession – 3 Steps to Recovery
Has the recent recession stomped your plans for an early Boomer Retirement? Have you watched your 401k and other retirement funds ravaged by this economic downturn? Are you struggling to see how you will ever be able to retire with a comfortable lifestyle?
Many baby boomers wonder whether they have accumulated enough money to retire comfortably. Most expect to live 20 to 30 years after retirement.
What can be done today to correct this? What adjustments can we make to ensure a comfortable life near our family and friends throughout retirement?
There are three common sense things you can do to help squeeze more out of your retirement savings. You may find this to be the recession beating retirement plan you were looking for. The 3 steps include:
- Downsize from the big city to a simpler, more economical small town
- Move your real estate investment to rural properties with character and charm
- Save on entertainment costs in the smaller community
One solution to all three recommendations is to make the move to the perfect small town. According to Money Magazine, about half a million Americans in their 60s make the move to new hometowns each year. Imagine selecting the perfect hometown without having to compromise based on the commute time or the local schools. The move to the perfect small town will allow you all the comforts and conveniences you enjoy now, at a fraction of the cost.
Take for example, the small town Lake Weiss Property located centrally between Atlanta, Birmingham and Chattanooga in Northeast Alabama near Cedar Bluff, Alabama. This area offers some of the most breathtaking Weiss Lake property mountain views in the Southeast, at a fraction of the cost of similar property in North Georgia and North Carolina. You will preserve your retirement nest egg with lower property taxes, lower costs of living and lower property prices. For example, property prices in The Bluffs of Weiss community still remind me of bargains that could be found 20-30 years ago at Lake Lanier, Lake Rabun, and Lake Chatuge.
The breathtaking nearby natural canyons, rivers, lakes and inexpensive golf courses nearby assure the active Boomer retiree plenty of diversity. Just in The Bluffs community alone, you have access to over 1000 acres of hiking trails, and other recreational facilities overlooking the 30,000 acre Weiss Lake with over 450 miles of shoreline.
You’ve surely heard the term…. location, location, location. Mountaintop living overlooking Weiss Lake in Northeast Alabama is a dream real estate investment that can literally change your life for the better.
For a complete list of over 50 great Lake Weiss Property day trips check this page.