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From the Magazine | Time Bonus Section September 2005: Generations Workplace: ParadiseRetirees who take care of other people's property can live the good life rent-free By SALLY S. STICHPosted Tuesday, Aug. 16, 2005 They ended up working 12-hour days, taking tourists through the lighthouse, maintaining trails on the island, selling souvenirs at the gift shop and repairing the somewhat dilapidated keeper's house, where they lived. But they would do it again--if that particular caretaking position weren't so sought after. Instead, the couple returned to a home on Maquoit Bay, Maine, where they house-sit nine months of the year while the owner is in the Cook Islands doing research on whales. Lucey and Brzoza are among a growing number of retirees who take care of other people's property. Variety, novelty and sometimes adventure come with the territory. While property caretaking is hardly new, the number and diversity of positions have grown in the past 10 years, says Gary Dunn, editor of the Caretaker Gazette, the only publication that connects property owners with property caretakers. Since the Gazette was launched in 1982, its subscription base has grown from 200 to 10,000. Dunn notes that 75% of his subscribers are 50 or older. "This is a job that practices reverse age discrimination," he says. "Many property owners only want people of a certain age because they have a maturity that equates with common sense and reliability." Many property caretakers are people thinking about where they want to retire, and they take a short-term job in a certain location to see if it really is where they want to be. Caretaking is also attractive to people who have downsized in midlife and want to travel while living rent-free. Typical advertisers in the Caretaker Gazette are people needing a house sitter while they go on an extended vacation; corporate retreats wanting to have someone on-site during months of vacancy; and national parks requiring a groundskeeper during the winter. Jobs can last from a few weeks to several years. Compensation runs the gamut from rent-free living in exchange for light chores to a small stipend for more extensive tasks to $60,000-to-80,000 a year plus living expenses for a more-than-full-time job. From the Aug. 15, 2005 issue of TIME magazineSponsored Links
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