As retirement nears, many older adults consider the benefits that an active-adult community can offer. For some, the option to downsize out of an over-large house can mean a more comfortable retirement and a larger estate to pass on to heirs. For others, the proximity to recreation and community promises to help keep them active for years to come.<\/p>\n
California offers a vast array of active-adult communities, large and small, lavish and budget-minded. And although comparing sports offerings and swimming pools can be fun, experts say that a robust analysis of the benefits and potential problems ought to weigh into the decision. <\/p>\n
John Brady, the creator of active-adult community directory TopRetirements.com, told Fox Business that prospective buyers should conduct thorough due diligence on the financial health of a community. This can include looking at the financial documents, asking about the number of homes in foreclosure, reading the minutes from the Homeowners Association (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" As retirement nears, many older adults consider the benefits that an active-adult community can offer. For some, the option to downsize out of an over-large house can mean a more comfortable retirement and a larger estate to pass on to…<\/span><\/p>\n