I would add to that availability of retirement communities, job opportunities in city areas, and reasonable home prices. Not an over 55 community but this plan lends itself to many uses for those over 55. Priced in $300's.
My husband and I moved to Laguna Woods Village, a popular over 55 retirement community in California, eight years ago and never regretted the decision. We enjoy the lifestyle, the activities, and the other people we have met since we moved here.
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An age-restricted community is a residential community, often gated, that typically limits 80% of the residency to individuals who are over a set age. The minimum age is frequently set at 55 years old, but it can vary. These communities are set up to accommodate older individuals who would … active adult communities, lifestyle communities, or retirement communities, …
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Age-Restricted Communities are specifically aimed at persons age 55 and older. … person who is age 55 or older in at least 80 percent of the occupied units.
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Some 55 and over communities have rules in place restricting who can live in the property. For example, you may find out that both a husband and wife need to be at least fifty-five years old. These are things to think about before buying into an over 55 retirement community.
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