Knowing retirement was coming up and fearing I wouldn’t be able to live on Social Security in the U.S., I started several years early and visited both Panama and Costa Rica as possible long-term locations. Even though I was looking at locations with mountains (since my dream included a babbling brook or quiet creek nearby), and a garden so I could fill my days with beautiful, aromatic flowers and herbs right at my fingertips – greenery that wasn’t readily available in Las Vegas, I had a friend in Florida who kept nudging me to come check out the state. He was not put off by my constant gripes that Florida had no mountains, I wasn’t really interested in sand in my shoes on a daily basis and they had hurricanes – not on my to-do list. Nevertheless, he persisted and so I visited a couple of times, with house-hunting at the top of the list. And what do you know? I liked the craftsman homes in the area, the greenery and the old-fashioned neighborhood feel.
I had it stuck in my mind that the thing to do was to cash out my 401K, use it to buy something outright so I’d have no rent or mortgage and then I could afford to live off my Social Security. And so I spent countless hours scouring Zillow and Realtor.com and a couple of others for something that I liked that I could afford. Not an easy task. I discovered that my meager 401K wasn’t going to get me much. I had found lots of places I could afford in Costa Rica but I had no way to check out the areas they were in or even see if the photos matched the reality. That scared me into going back again and again to look at properties in Florida.
I was constantly disappointed at my lack of affordability. The houses I could afford didn’t remotely match my dream and the amount of repairs that would be needed would require even more. I finally decided to stop attempting to make things happen and turn my attention elsewhere. I was sure that if it was meant to happen, it would.
And then one day, I got an email from my friend in Florida that one of his friends had come across a cute little place in her own search and had told him she was not going to buy it but that I should have a look at it online because it had the garden I said I wanted and it wasn’t terribly expensive.
I gasped when I saw the photos. There was a lovely garden and deck in the back and French doors leading from the master bedroom to a screened-in porch. Are you kidding? I wanted that house from the moment I saw the photos. My friend convinced me to fill out the online Quicken Loan information to see how much I could qualify for.
I’m not really sure what happened from there. One minute I was dreaming of a house with a garden and the next minute I had qualified for one, the lender had contacted me for more information and I was suddenly buying a house and would close on it in 6 weeks. Panic set in.
My goal of a stress-free, relaxed retirement turned into anxiety and sleepless nights as I downloaded document after document and started paying for all kinds of not-disclosed-up-front and unexpected expenses like an HOA application fee, an inspection fee, a property survey fee, a title insurance fee, etc. I was running out of money and I’d been instructed not to borrow from the 401K until it was time for the down payment. I was drowning in paperwork (most of which reads like a foreign language and is exhausting to plow through) and my emotions vacillated all over the map – exhilaration, anxiety, despair, fright and excitement.
In the end, I drove across the United States to Florida and although I’m still adjusting to all the changes from my 42 years in Las Vegas, I think I’m going to be happy here. I love the back garden and have plans to transform it into a peaceful haven full of beautiful flowers. I already have the butterflies, birds and squirrels and I love them. But guess what? Gardening is expensive – just one more thing I didn’t anticipate.