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4 Reasons to Retire to Lake Norman
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ake Norman is home to many retirees soaking up the sun, and for good reason. If you know anyone looking for a good place to retire, share these facts with them!
1. Being so close to Charlotte you have all the benefits of big city living including an international airport, uptown night life, dining, shopping and cultural options, including museums and theaters, while still being able to enjoy the feel of small town living. 2. There are 25 Active Adult/55+ Communities in the area. With prices starting in the low $200’s to over $700K and sizes from 998 square feet to almost 4000 square feet, there is something for almost everyone. Amenities vary widely. Some of these communities are age restricted and others age targeted. 3. The Lake Norman area is ideally located for many day trips to the local wine country region as well as to Blowing Rock, the Blue Ridge Parkway and Asheville. While driving to these destinations you will enjoy spectacular natural surroundings including mountain views and foliage. Overnight trips will get you to places like Charleston, Atlanta, Savannah, Hilton Head and Nashville, all within a 3-5 hour drive. 4. The cost of living in North Carolina is some of the lowest in the country with reasonable property taxes, affordable home prices and lower insurance rates. At present there are no homes in Active Adult Communities with Lake Norman water views, though there are a couple with lake access via a walking path for launching kayaks and paddle boards. One Lake Norman community offers Freedom Boat Club membership as part of its HOA dues.
Karen Spell, Broker, SRES, J.D., 55+ Community Expert Helen Adams Realty 321-279-1384 kspell@helenadamsrealty.com PurplePineappleRE-NC.com
36 LimitlessMagOnline.com | June 2020
True Wealth – Juggling the Possibilities
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recent article I read featured this quote by Antoine de Saint Exupery, “A goal without a plan is just a wish.” Have you heard yourself use words like hope, wish or ‘if I am lucky” when describing experiences or activities desired in the future? Now consider that most people do not have just one dream, they have many. Dreams about travel, philanthropy, family, and maybe even education or a second home. Is this you? So where do you begin? For decades, executive leadership guidelines have encouraged making goals SMART: Specific, Measurable, Attainable, Relevant and Time defined which establish benchmarks for achievement in pursuit of a job promotion, larger home, or material wealth, as examples. My True Wealth standards focus on experiences as goals, with the achievement benchmark simply being that you did it … you experienced it. A True Wealth Action Plan starts by making a list, with no restrictions, of as many things as you can think of that you want to do. Instead of benchmarking via SMART standards, use the 5 W’s of Planning: What, Who, Where, When, and Why. Here’s how it could work. Let’s say your goal is more travel — a common desire for most people heading into retirement. What: Travel Who: Me, Me & Spouse/Significant Other, Family Where: International When: Every year for ten years Why: See the world Add the details and a plan is now in place so you can “Pursue It.” And then, as Rene Russo encouraged Kevin Costner in the movie Tin Cup, “Just go for it Roy!”
Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. Securities and Advisory Services provided through LPL Financial, a Registered Investment Advisor, Member FINRA, SIPC.
Jeffrey Karp, CLU®, ChFC®, CASL® founder of Karp Financial Strategies and is a registered agent representative of LPL Financial. More information and his blog, Permission GrantedSM can be found at www.karpfinancial.com.
