To start, I am NOT retired, so my post is not entirely on that topic. I work full time. However, I have downsized and moved. I no longer live in a large home, the one my kids were raised in, which was in a gorgeous area (ski resort town in Vermont) with beautiful views, two car garage, large deck, covered front porch, full size basement, etc. The downsize was a huge thing to do.
At first, I moved to a two bedroom two bath apartment in Cambridge, MA. It even had a fireplace. But it had a pretty small balcony (room for two). I wanted two bedrooms in case my kids visited. But two years ago, I decided to move to NYC because both my grown, married kids are settled here for the long term, and I have not lived near them since they were in high school (they are now 31 and 33), and some day there will be grandkids. I also now live alone, and truly don’t need a big house. I don’t need two bedrooms since my kids live near me now and so don’t need to stay overnight. I retained a sleep sofa in case people do visit, which is not often. Even when there are grandkids, I live so close to my kids that grandkids don’t need to spend the night, but they could.
I’m posting since the thread also is talking about minimum requirements. I think I have my minimum requirements. My apartment is 769 square feet. I don’t think I can go smaller. My office is in the home and I needed a large enough bedroom to have space for office stuff. I have a full kitchen and enough cabinets, nice counter top, bar counter, dishwasher and disposal (things I would find hard to give up having had these for so long). It comes with a washer dryer in the unit (again, hard to give up having had for so long). It has a nice walk in closet, which I feel I need given this is already a substantial downsizing. The living and dining room space is combined. It has large windows, and also has A/C. These all fit my minimum criteria too.
The standout aspect is that my apartment sits literally on the water of the Hudson River (I am on the Jersey City waterfront), and my windows face the water, and view Manhattan. It is a stunning view (very different than viewing the mountains and ski trails I used to view), and I have always wanted to live by the ocean and since I don’t have that, at least I’m looking out onto water, with a wide expansive view, and not of a building facade. My desk faces this view and makes it very pleasant watching the cruise ships and all sorts of boats going by and now at night, the lights of the city, the Empire State building, etc. One of the other main draws is that my particular unit has a large patio of about 6 by 20 feet, and so I really love having my private outdoor space with a dining table for entertaining, lounge chairs, a barbeque, and lots of large planters as I miss having my flower gardens in Vermont and this comes sorta close. I have a parking spot in the garage very close to my unit, on the same level.
I could walk to plenty of stuff. I also am one subway stop from lower Manhattan. My kids live in Manhattan (both couples bought apartments there).
My building has a gym. It also has a community deck with stunning views.
So, I’m feeling I have my minimum requirements. More space might be nice, but honestly, I don’t NEED more space. And city renting is expensive. I feel like I have everything I need. I’d still love to live at the beach, but don’t know if that will ever happen. But there are some nice beaches not too far away!