Retiring Near Family: Pros Versus Cons

Retiring near family offers many benefits. However, it could also bring unplanned stress to you and your family.
Retiring near family can be very benifical. However, it can also bring unplanned stress to you and your family.
Retiring near family offers many benefits. However, it could also bring unplanned stress to you and your family.

Near the holidays, many families who live far apart make plans to visit and celebrate together. For some retirees, the holidays make them long for more frequent visits and perhaps a closer relationship. For others, these seasonal visits are enough to last them another year. To be content with your decision year-round, it’s important to consider the pros and cons of retiring near family before choosing your retirement location.

The Benefits of Retiring Near Family

The pros of living near family may seem fairly obvious. Having your adult children living nearby will make it easier for you to see them more often. You can be more involved with your grandchildren’s lives. You can be there for birthday parties, school plays, and other important childhood moments. You may also be able to occasionally babysit or even provide regular daycare. When it comes to practical matters, nearby family can help you drop your car at the mechanic or give you a ride to the doctor. They can move furniture, plant in the garden, or help out in many other ways. Having your adult children nearby can also be very helpful when either of you need physical or emotional support, especially during illnesses, injuries, or other hard times.

The Negatives of Retiring Near Family

However, living near family is not always ideal. Some families find that they get along better when there is a little geographical space to keep them from meddling in each other’s daily lives. But that doesn’t mean they can’t still be close. With so many social networking options available, it is possible to have healthy, meaningful relationships without living in the same town. Email, video chat, text messaging and phone calls are all viable ways to stay in touch between visits.

For some retirees, living near family would mean choosing to live closer to one adult child instead of another. If you are facing a similar situation, you may decide that it’s better to choose a retirement destination that is centered between your children’s current locations. By living in a home that is relatively equidistant, you may be able to enjoy more frequent visits with all of your family, while still enjoying life in a hometown with friends of your own.

One of the common drawbacks of retiring near family often comes down to geography. If you’ve always dreamed of living in a warm southern climate, you may come to resent retiring near your family in snowy upstate New York. Or perhaps your children live in Florida and you can’t stand the heat and humidity. While you may like the idea of living near family, you have earned the right to enjoy the retirement of your dreams.

What’s Right for You?

The pros and cons of retiring near family will be different from one retiree to the next. To make the best decision, try to consider what life would actually be like in either situation. Then, talk to your family to see how they feel about the matter. Whether you choose to live in the same town as your adult children or stay in touch through the Internet and occasional visits, it’s important that you make the decision that is best for you and your family.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

Share this post:

We're here to help! (800) 928-2055

Call us to speak with a customer service representative.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting [email protected] Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

The Best Places to Snowbird in 2021

We’ve gathered 25 of the best places for snowbirds, including cities in Florida, Arizona, California, Texas, South Carolina, and Nevada. For each entry, we’ve also provided a list of recommended 55+ communities in the area. If you’re ready to find your own winter retreat this season, here are some of the best places to consider.

A group of older adults socialize within their 55+ community.

Top 10 FAQs About Living in 55+ Communities

We’re here to answer all of your questions about joining a mature living community, so you can feel empowered in your decision. This is the next great adventure of your life, and we’re firm believers in leaving the stress out. Check out these top 10 FAQs about living in 55+ communities.

A senior couple takes a hike in a low-humidity state they chose for their retirement.

Retirement: What Are the Top 5 States With the Lowest Humidity?

There are many factors in deciding where to retire, and the weather can be one of them. Luckily, many of the states with nice weather also offer additional benefits for people over 60 and have several exciting active adult communities. Here are the four best states for a low-humidity retirement.

Lake view during autumn at dusk of Table Rock Mountain in Pickens, South Carolina.

5 Reasons To Consider a South Carolina Retirement

What does South Carolina have to offer active adults? A selection of over 80 active adult communities is just the beginning. These five reasons to consider a South Carolina retirement just might convince you that this southern coastal state has everything you’re looking for in a 55+ community.

The Best Places to Retire in South Carolina

South Carolina is known for having some of the best golf courses in the country, but that’s not all it has to offer active adults. The state has a rich history and culture, a wide selection of entertainment and recreation, and miles of beaches and coastal living.

North Carolina vs. South Carolina

The Carolinas are a power couple when it comes to maintaining an active lifestyle in an amazing climate, but they’re separated by more than just a border. A side-by-side comparison of the two can quickly show which is better for you when it comes to your interests and needs.

Exterior view of a model home at Del Webb Carolina Gardens, Fuquay-Varina, North Carolina on a sunny day.

55+ Communities With New Homes for Sale Near Raleigh

If you’re in the market for a new construction home in Raleigh, North Carolina there are plenty of options to consider. We’ve put together a list to help you start your search for the perfect neighborhood with new homes.

About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

Scroll to Top