RETIREMENT A PROBLEM SOLVED | Why We Sold Our House - YouTube

Today we are going to talk about  retirement a problem solved  

- And just before we get into this weighty subject  we are a Tina and Norm we talk all things  

retirement - Yes we do and also if you haven't  been to our channel before please subscribe,  

like, give us a thumbs up and share it really helps  our channel - It does so Tina one of the biggest  

feedbacks that we got was when we suggested  selling the family home - This is true - We did  

get a lot of comments about that and people giving  their side of the argument so we thought it's such  

a good subject that we could flesh it out a bit  more - We thought it's a big thing to talk about  

isn't it - So one of the big things that  people had about keeping the family home was  

- That everybody comes back at Christmas and it's  the memories of wanting everybody to keep coming  

back to their house - So they're grown up children  have a place to come back to a sense of family  

- (Tina, yes) - Well what's the real reality of that because  we've been through this - The reality is they don't  

because your grown-up kids move on and  they have their kids and they want to  

start their own life with their own traditions  - They go and buy a house which they're proud of  

and they want to show it off to you as parents  and so they don't want to come to your house at  

Christmas and Thanksgiving they want you to come  to their new house, generally speaking and share  

in their happiness of them building their new  life - This is true - So there's myth number one gone  

- And the other thing too is you have to think about  the isolation if you keep staying in your house  

- We've mentioned this on a couple of occasions  about social isolation and we saw it with  

Tina's parents (Tina, yeah) - When they got elderly they  were still in the family home and they could  

go weeks without seeing anybody and to be honest  with you the Amazon delivery person isn't a friend  

- No so you can't really rely on those in actual  fact Norm when we had the house we could go quite  

a while without seeing people on a day-to-day  basis - Society has become very insular and people  

don't just knock on your front  door anymore or drop in for a cup of tea  

- As they used to - Not like our parents  were (Tina, no) - So the older you get the you'll  

find that your friends move away because  they're selling their houses and downsizing  

or god forbid they're dying off  so you don't want to be the last  

people standing in your street and everybody else  around are newcomers and you don't know them so  

we found coming into the apartment building and  this is a brand new experience for us we have  

never lived in an apartment building - No we haven't  -To get to our car we have to go in an  

elevator, well we don't have to but we do - Sometimes  we take the stairs if we're feeling as if we need  

a bit of fitness - So you take the elevator there's  nearly always somebody there and so you have a  

quick chat (Tina, yeah) - Or there's somebody walking past  you in the hallway have a quick chat get down to  

the lobby check your mailbox there's other  people milling around you have another quick  

chat so there's always somebody around and it  seems people in apartments are more open to have  

- Conversation I think because they know everybody's  similar so it's like having your own mini house on  

the apartment floor and you've got your own place  but you will meet and talk to people and we find  

it great don't we - So we have another solution to  selling your home we're not going to be beaten on  

this one - No - So it's all about downsizing and getting rid of a lifetime of accumulated stuff  

we've all done it and minimalism is really  fashionable at the moment and if you can  

enter into that it will be beneficial (Tina, yes) - So  we're saying rent an apartment don't even think  

about renting a condo - No we're not keen on that  are we because there are a lot of hidden costs  

with condos with the condo fees - Yeah if the  building is underfunded for maintenance then  

they'll increase the condo fee or they'll have an  extraordinary condo fee where you have to stump up  

five grand or something like this it's happened  to a few of our friends so we've had first-hand  

knowledge - Yeah haven't we so we still believe in  sell your home downsize rent an apartment and then  

here is the answer to the problem - Well what acts like  a magnet for your grown-up kids and grandchildren  

it's just like a magic bullet to them wanting to  see you - And that is buy a recreational property  

- Something like a trailer like we have on a site  (Tina, yes) - Preferably one of those sites that's by a lake  

and it's a bit of a resort so there's stuff going  on - And if it's got a little shop that sells ice  

cream and it might have a chip truck it might have  different things going on but it if it has a lake  

where they probably rent boats do you think Norm  or you can get your own boat - Yeah and everybody  

wants to go to the country in the summertime  go and have a lakeside experience certainly in  

central Canada so that's our solution is you  rent an apartment buy a recreational property and  

it could be a cottage it could be a trailer  like ours or it could be one of those fancy park  

model trailers that we can't afford - I know they're  beautiful aren't they're just like mini houses - Two  

story lots of bedrooms - But again on the lake where  you can go out you can walk around it you can meet  

people - And we managed to find a resort on a lake  that has three swimming pools indoors so if the  

weather's not good you can swim inside it's got  a lake with a safe swimming area where no boats  

can go it has a a chip truck they bring in  food trucks throughout the summer season different  

ones like Mexican and they even brought in the  Beaver Tail truck - And they have a farmers market  

that come in don't you do twice twice a week - So  lots to be going on it's in a nice area that's  

good to explore so your adult kids are going to  want to come and see you - Yeah and they also have  

activities going on to amuse the little grandkids  they have things yeah children's programs but they  

also have adult programs too where they have music  come in and yeah you can get together for concerts  

and drinks - And listen to some music the other  thing is it builds memories it builds memories for  

your grandchildren and Tina had experience of this  with her Grandmother she had a caravan in England  

- Yeah absolutely I have so many wonderful memories  of every summer I would go to my Grandparents and  

it was actually I think it was in a site  Norm in Wales in a little place called Harlech  

and I remember we used to go pick mushrooms  in the fields take them back and fry them  

and we'd go fishing on the beach and I have  all those memories now it's wonderful so what  

we're suggesting is make those new memories  - Yeah and you can be the leader in your family,

because kids grown-up kids these days are having  a tough time affording houses they're going up so  

so much so if you came up with a recreational  property you're giving a gift to your children  

and your grandchildren so that's our retirement  a problem solved yes sell the house downsize,  

recreational property and you will be the most  popular parents in the world - Yeah and you'll  

have great memories and we can't wait for another  couple of months till we can get into ours (Norm, exactly)  

- And it's wonderful isn't it - So thanks  for watching our video again and we  

hope you're all keeping well - And staying  safe and till the next time bye bye, - bye