Retirement property: Boomers downsize to live it up

Selling the old homestead for adventures abroad is becoming popular in the UK. Read the excerpt below. Telegraph.co.uk By Caroline McGhie 16 Nov 2009 By the beginning of March next year, Penny and Roger Boyson hope to be boarding a plane to Australia to start their new lives. They should have sold the family house, Oakhanger Farm in Hampshire. Their possessions will be in a container sea-bound for Brisbane and when they arrive they will buy a camper van. “We will be two old hippies for a bit, then get stuck in to a new project,” Penny says. The Boysons now find running Oakhanger Farm exhausting. Their four sons have left home, and so, aged 56 and 66, they feel this is the right time for an adventure. “It is a huge wrench,” Penny says. “My husband has lived in this house all his life and his father before him. But he is getting on a bit and we can’t really keep it going as we have done.” Read the entire article: http://www.telegraph.co.uk/property/retirementproperty/6563378/Retirement-property-Boomers-downsize-to-live-it-up.html