Depending on your lifestyle, you can enjoy living close to your family, or moving to a tropical paradise. Sustaining your lifestyle is not always easy when you are living on a fixed income. That’s why we’re here to help you find the best option for your retirement plan.
Choosing the Best Living Accommodations
The first thing you should consider when choosing a place to retire is your health. If you suffer from a serious medical condition or require frequent doctor visits, you may be happiest living in a senior community. Retirement communities employ staff to make sure you stay healthy and happy.
Athens, GA
In 2017, this beautiful city in Georgia was declared the best retirement destination by Forbes.[1] This city is a popular choice for retirement due to its tax-friendly policies. You can get a three-bedroom apartment in the city for under $1500 a month. Many restaurants in the city offer reasonable prices.
Boise, ID
If you are an outgoing, adventurous person you’ll love living in Boise. You’ll be able to live near the Rocky Mountains and spend your free time exploring the countryside. The community is very senior-friendly and offers tax assistance, free education, and recreation programs for seniors. {2] Another benefit is that social security is not taxed, so you can save some money by living here.
Charlotte, NC
This beautiful city in North Carolina has over 20 senior living communities to choose from. Healthcare is very affordable and there are numerous hospitals in the area. Charlotte currently holds the 39th among 377 cities place for their cost of living.[3]
Clearwater, FL
If you want to spend your retirement lounging around on a beach, then Florida is the perfect place for you. You can rent an apartment in the city center for under $2000 a month.[4]
Fargo, ND
Fargo attracts senior citizens with its low cost of living and a beautiful city center. You can find theaters, galleries, and festivals to explore. The living cost is relatively cheap, and the whole city is accessible by bike or car.
Green Valley, AZ
Green Valley has one of the largest retirement communities in the US. The moderate climate allows you to enjoy outdoor activities all year round. Housing and living costs are also lower than the US average.
The Algarve, Portugal
If you want to retire outside the US, Portugal is the perfect place. Living expenses should cost you around $3000 a month which is much lower than in the US.
Cancun, Mexico
If you want to move from the US, but still be close enough to visit your family, try relocation to Cancun. Mexico has amazing healthcare and affordable housing. The best part is, your family is only a short flight away.
Panama City, Panama
Panama’s popularity among seniors is growing. The low living costs, combined with the Penisando program that offers senior discounts make it an attractive retirement location.
Before you choose where to retire, make sure you do extensive research and planning. Your decision will determine the way you spend your best years.
[1] https://www.forbes.com/pictures/58e7f6f0a7ea437ada260d5f/athens-georgia/#7fee8df41c19
[2] https://www.greatretirementspots.com/short-profiles-boise-idaho.htm