Real Estate Maven Barbara Corcoran Knows Where You'll Retire
Barbara's new book, Nextville, identifies people's retirement goals and offers suggestions where they might start the next act of their lives. Locations include Dubai, St. George and Eugene. Somewhere in the world, there’s a place where you’re meant to be. In Nextville, Barbara Corcoran, real estate expert, identifies the top eight trends that are changing where and how baby boomers are retiring. You can talk to Barbara yourself tonight at 7pm at the Borders Columbus Circle - Time Warner Center.
MORE INFO AFTER THE JUMP...
#1. Pursuing Your Passion (and getting paid for it!)
For many of us, our true passion is our work. Many more people are blending work with play when it comes time to retire. Surveys show that 2 out of 3 people plan to do some form of work full or part-time long after they retire. Most of us want to keep working in our later years not for the money, but for the pure stimulation it provides. Passions are not hobbies. A hobby is something you dabble in occasionally, and a passion defines who we are.
Best Picks:
· Saugatuck, Michigan - A Great Spot to Open a B&B
· Cambridge, Massachusetts - A Prime Spot for Booklovers
· Galveston, Texas - A Birdwatcher’s Paradise
· Hot Springs, Arkansas - Hunky Men in a Hot Tub
#2. Living Young
People are retiring to cities and college towns more than ever before. If you’re the kind of person who thrives on change and is restless when things are too quiet or peaceful, moving to a place you can live young is the right choice. For many of us, moving back to a college town or a city is nostalgic. It’s a chance to turn back the page to a time when life was freer and more fun. It’s also practical. They offer many things that retirees need, like good transportation, walkability, nearby medical services, and a place where active boomers can learn in a rich cultural environment.
Best Picks:
· Panama City, Panama - Like South Beach on Sale
· St. George, Utah - Mecca for Action Junkies
· State College, Pennsylvania - Where the View is Always Young
3. Living Green
Green homes are designed to maximize energy, preserve our natural resources, and just maybe save the planet. If you want to start a whole new chapter in your life, it’s a natural opportunity to cast off old habits and clean up your act. Green living can sound like such a chore, but for many boomers today, it’s fun, creative, and even quite glamorous.
Best Picks:
· Eugene, Oregon - America’s Greenest City
· The Solaire in New York City - Living Green in the Big Red Apple
· Tryon Farm, Indiana - Treehouse Living
#4. Finding Your Purpose
Boomers are often depicted as being self-absorbed, but it’s changing now. Many have a growing hunger to become part of something bigger than ourselves and are looking for a cause, a mission, and more significance our lives. Every place on earth needs volunteers of some sort and finding a true life cause can be a doorway to a whole other world when it’s in an exciting new place.
Best Picks:
· New Orleans, Louisiana - Help Raise the Entrepreneurial Spirit
· Southern Nicoya Peninsula, Costa Rica - Grow Your Own Rain Forest
· Tempe, Arizona - Teach Kids on the Desert
#5. Living the Boomerang Life
Many of us can’t or don’t want to cut ties that happily bind us to our current lives. Our connections to work and family make it harder to just pack up and go. Boomers are marrying more times and having kids later. We’re combining families, and after the kids are grown, there are grandkids too. So, how can you keep the old life while adding on a whole new one? Living in two places can be tricky, but having a second place need not break the bank. Today there are many affordable and low-maintenance options, like fractional ownership, condo-hotels, private residence clubs, house swapping, and even slow travel.
Best Picks:
· Harbor Island, the Bahamas - A World Away and Easy to Reach
· Dubai - Vegas Meets Disneyland in the Desert
Slab City, California - Join a Gang of RV Gypsies
