Profile 2: The Not So Empty Nest
This is the story of Charles and Barbara Parker. The Parker’s both recently retired and are looking to downsize from their current home. Barbara and Charles currently live in a 4,000 sq. ft. colonial built in 1973. This structure has been their home for over 20+ years, but with their 2 kids gone and on their own, more than half of the home is rarely used. Unfortunately, Charles has recently gone through knee surgery (due to his years of involvement in Athletics) and he is very worried about his current and future ability to navigate stairs.
Charles spent his life working in the engineering department of a large auto company, while Barbara spent her life dedicated to promoting the arts working a various state programs and initiatives. The Parker’s plan to use their social security, retirement savings, and pensions as their source of fixed income during retirement. With the recent stock market crash both are aware of the dangers of fixed income living and both want their new home to be affordable with low maintenance costs.
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