Monday, September 14, 2009

Retirement Ahead For Baby Boomers?

We are at the new stage in the Baby Boomers' life span where someone is turning 60 every 7 seconds! The challenge is that with the declining economy many baby boomers have seen their retirement plans, from 401K's and IRA's... not to mention home values, decline in value to put what might have imminent retirement ideas on hold while they attempt to recoup. Although there are brave souls who have found a way to profit during this down turn, the vast majority of us have found our overall financial health seriously curtailed. So... does that mean toes in the sand and sunsets over the water are in the distant future?

Not necessarily... We are finding Buyers who have cashed out of the roller coaster of a market and decided to take advantage of some of the amazing real estate bargains that are available here along the Tampa Bay beaches. Their idea is to get a great value, then possibly rent out their property short or long term to defray some of the carrying costs. With the popularity of owner website marketing for rental properties, such as VRBO and the Homeaway network, renting has become a more "hands on" activity. For those who are seriously considering such a move, please refer to our Vacation Rental Property Investment Newsletter for helpful ideas. You can always contact us directly at info@floridagulfproperty.com

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