“Many retirees are feeling a pinch financially because their fixed-income assets are producing less income than anticipated, while routine expenses, particularly those relating to the house, are rising,” says Dr. James Harris, a research economist with the Real Estate Center at Texas A&M University.

You have no choice but to pay those expenses, but they can seriously affect your standard of living since you are now on a fixed income.

What are you going to sacrifice to pay the bills? There is no easy solution, however, you can eliminate the biggest drag on your income and sell the house.

Avoid the Perils of a Fixed Income
It’s for these reasons that so many people are selling their houses and stabilizing their financial future. Your house represents one of the greatest financial uncertainties you could possibly have; and if you are now living on a fixed income, any major, unexpected expense can throw your budget into a cocked hat.

If you are like others who are about to solve the dilemma of unexpected expenses by selling your house, you need to begin thinking about where you might like to live.

Good places to start looking, for someone on a fixed income, are communities like Fox Run, where expenses are predictable and the lifestyle can be whatever pleases you the most.

People just like you – retired teachers, automobile industry employees, government workers, and nurses – are moving to retirement communities in record numbers.

“When you take what you pay for your Monthly Service Package, and you factor in what you’re paying for property taxes, lawn service, and what we paid someone to clean up every so often, Fox Run makes sense financially,” says Bill Moran, who moved to Fox Run from Ann Arbor.

But the financial benefits are only the beginning. A community such as Fox Run provides you the opportunity to do all those things you love, or have always wanted to do, without financial worry.