Do you dream of leaving the city in your retirement or semi-retirement? Here, when an urban condo is just not your thing.

When you're no longer trekking to the office daily, there may be nothing left to tie you to an urban setting. In a small town or rural area, you can connect with nature, enjoy recreational opportunities and take advantage of lower real estate prices and taxes.

"You get so much more for your money out of the city," says Caroline Baile, a broker with Royal LePage Your Community Realty in Aurora, Ont.

There are other perks, too: "It's a slower pace of life. You don't have that rush-hour congestion. And there's more interaction with your neighbours, more of a community feel." Baile, who has her Accredited Senior Agent (ASA) designation—Canadian real estate agents with the ASA designation have received special training on serving seniors; search for one in your area at—adds that feeling safer and less isolated is important to people this age.

Smart size
We tend to associate a late-in-life move with a transition to a smaller space. Not true for today's seniors, however.

In a Royal LePage survey of baby boomers who were planning to make a move, more than 40 per cent sought someplace just as large as—or larger than—their current home. These men and women have wealth to spend and stuff to store. They may also have boomerang kids.

"'Downsizing' is used a lot, but I like the word 'smartsizing' because you smartsize to what you can afford and what you need," says Jane Dewing of Changing Places, a company in Victoria that provides moving services to seniors. "If you're still very active with cooking and entertaining, you're smartsizing to a bigger place."

If you're with a partner, a smartsized house might allow for separation, whether it's at night (two bedrooms because of snoring or late-in-life hot flashes) or in the daytime.

"You need enough space that you can be in different parts of the house, feeling quite content, with your office or sound system or two TVs in two different places," says Dewing. Notes Baile: "I think one of the biggest mistakes people make is going too small and realizing they feel claustrophobic or the house doesn't meet their needs or their lifestyle."

Small-town housing prices, as attractive as they are, are not usually what drive baby boomers here, says Baile. "They're doing it more by choice than circumstance." Nevertheless, it's not uncommon for finances to take a hit after retirement or even unexpected illness or widowhood. A modest home outside the city can make all the difference in making ends meet.

But moving too far from city life can sometimes reduce your access to medical and support services, and that can put your well-being at risk.

"You want to have good health facilities nearby," says Dewing. Check with your realtor or the municipality's website about the proximity of hospitals and medical offices. "You might not need them right away," says Baile, "but if this is going to be your last move, you need to think of what requirements you'll have in the near and distant future."

Next: The best spots to relocate

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