Resurrecting an old thread. Hoping to use you guys as a sounding board.
I think I'm going to retire at the end of this calendar year. Living entirely in Northern Virginia for the whole time I've been a skier (47 seasons) I'm motivated to seek high quality ski time in the Rockies or US West in my retirement years. I'd entertain suggestions outside the box, but I think I'm coming down to the following two scenarios: 1) keep my current residence and temporarily relocate to a top ski destination each winter for ~2 months, possibly varying the location each season for fun and variety or 2) pick one good ski town/city and buy a home there to enjoy the logistical, social and economic advantages of stability and predictability. For either scenario I'm thinking Colorado, Taos, UTAH, or Tahoe as initial top contenders.
Scenario 1 factors:
-Most likely option for the first winter or two after I retire because it's less disruptive to status quo.
-Offers the possibility of new terrain and flexibility of choosing a new ski location each winter, but puts me in a permanent tourist mode.
-Logistically more challenging to find a suitable one or two month rental, but far less overall financial commitment than buying a place.
-Which place do I ski the first winter of retirement and which pass do I buy? Do I rent a condo or sublet a room in a house? Does my wife (the marginal skier) accompany me for the entire winter excursion or just for part of the time? Do I bring a car or go carless? Do I factor in accommodating my skiing adult children and friends? Do I recruit housemates to share costs?
-Can I stay healthy for two straight months of skiing at age 60+.
Scenario 2 factors:
-If there were no other considerations I'd prefer to buy a condo at a good place immediately and become full time ski bum, but the reality is that my wife is not as interested in a mountain lifestyle. Plus, there are significant family ties and responsibilities around my current home that I can't fully shirk just yet.
-My old school pension will provide a good retirement income, but my wife and I still need to experience the reality of what a 40% drop in current salary means to our lifestyle choices. I may seek to pick up meaningful part time employment in my current location sometime after I retire. Hopefully, keeping winters free. Should I as a geezer consider employment at a ski area?
-I'm not ready to commit to a single resort just yet, also not extremely informed about mtn real estate. More study and visits required before considering ski resort home purchase. Wife is definitely a keeper and must be onboard with any future home purchase.
-Should I buy something slopeside/near slopeside or would I live in a town or small city near good skiing?
-Should I keep my current residence and buy a vacation home, or sell current residence and take about $600k equity and totally relocate?
This is kind of a personal decision so if nobody feels like chiming-in, no problem. Just putting some of this in writing is probably a healthy exercise.
PS: I'm good with instant ramen noodles, but my wife might prefer a decent restaurant once in a while