One of the top priorities when you retire is finding a place to settle down, using any savings you may have accumulated over the course of your life to settle in in style and comfort. Of course, some places will be more accommodating than others for retirees, and some are even suitable for people looking to settle down for the rest of their lives. So today we’re going to take a look at some of the best places to live in retirement.
The best places to live in retirement
South Carolina is a popular place for retirees; specifically, Oceanfront Homes for Sale in Myrtle Beach constitute an important part of the attraction for the state. And that should come as no surprise. The beachfront property is popular with those who prefer the heat.
Of course, one of the most important factors that goes into your retirement destination is what you can afford. Not everyone will be able to afford the best of retirement life. For those who find themselves in this situation, they might consider heading to Pensacola, Florida. Florida is the stereotypical destination for retirees, but to be honest, it’s for good reason. With a total of just under 500,000 inhabitants with a rate of 22% of people aged 60 or over, it is an excellent compromise between “too small” and “too large”. Mortgage costs aren’t that bad, totaling around $ 1,300 per month, while the median monthly rent is around $ 1,000. A retiree should be able to retire here in comfort. Not only that, but there is so much aquatic life for you to enjoy, ranging from dolphins to sea turtles and so much more.
However, if you prefer to live somewhere inland, you can visit Chattanooga, Tennessee. The cost of living is even more affordable than in Pensacola, being around $ 800 and $ 1,200 for rent and mortgage, respectively. The economy and work available in the region could also be beneficial for retirees who wish to continue working. A retiree with a passion for technology will find many opportunities in this field that they may not have if they decide to relocate elsewhere. Grand Rapids, Michigan is suitable for those who prefer a cooler retreat, and it’s just as affordable ($ 860 for the rent and $ 1,250 for the mortgage). It is also a great place to discover in general, with the beautiful lakes that it (partially) claims. It also has a fantastic art scene for those of you with that discerning eye.
Of course, many retirees have a war chest ready for their retirement and may want to spend a little more. In that case, a place like Orlando, FL might fit that person’s MO to a T. It’s a bit more expensive than a Pensacola, with a rent of around $ 1150 and a mortgage of around $ 1500, but it’s great if you want to be able to go out and enjoy a bigger city. On top of that, it’s conveniently located close to Walt Disney World, so if you want to bring your grandchildren to visit you, you can use a theme park as a carrot.