While millions of baby boomers are retrofitting their houses with bathtub grab bars and wheelchair ramps in an effort to age in place, one Minnesota couple is doing away with that conventional concept altogether.
Scott and Kate Carlson sold nearly everything they own, including their home in Eden Prairie, in preparation for the next phase of their life as full-time digital roamers with no permanent address.
“Instead of rinse and repeat of the same, our base camp is going to be each other and wherever we happen to be,” Scott Carlson said. “We’re venturing out into something that’s a little less known.”
Nearly 80% of older American homeowners plan to stay in their current home as long as they can, according to a new report from Redfin. Chief economist Daryl Fairweather said most of those people are choosing to age in place because it makes financial sense. But the Carlsons are proving building equity through firmly planted roots isn’t the only path.
They’ll live and work around the world, spending several months renting in whatever locale suits them best at that time. In early January, they’ll settle into a beachside vacation rental on Oahu, Hawaii, with its extra bedroom serving as an office or guest room.
“Given the four-hour time difference, we will have our afternoons free to hit the beach or explore the island,” said Scott Carlson, a self-employed business consultant who formerly worked for Best Buy.
After the island life, they’ll spend time with each of their four kids scattered around the country. Come summer, they’ll base near mountain trails and national parks out West. For as many years as their health holds out, they’ll hop from one destination to the next, one two-bedroom, three-month rental at a time.
The Carlsons (she’s 57, a Gen Xer; he’s 60, a boomer) are both still a few years from retirement age but are at a sweet spot in their lives: still young enough to work, kids out on their own. They know it won’t last forever, so they seized the opportunity to reinvent their lives.