| Urban retirees
often rave about their great access to public transportation
systems, lots of parks, plenty of choices for health care,
continuing education opportunities at universities and colleges,
as well as proximity to airports for quick trips. Every
retiree wants different things in their ideal retirement
city and experts also have recommendations for someone looking
to retire to an urban area. Some criteria you should look
at are weather, cost of living, conveniences, diversity
in people and cultural attractions.
Below, we’re going to analyze several
different thoughts on some popular cities for retirees.
1. College towns like Chapel Hill, N.C.,
and Austin, Texas, are popular with retirees because they
have cultural attractions, beautiful natural environment,
as well as plenty of technology companies which keep the
population up to date and energized. Chapel Hill has a mild
climate and several types of retirement communities to choose
from no matter what your needs may be. Recreation like golf
or tennis, are major draws as well which makes Phoenix,
Arizona, with more than 400 golf courses a retirement hot
spot (excuse the pun…Phoenix is hot so you’ll
never deal with snow ever again). For the retiree who wants
plenty of things to do yet wants to be close to nature,
Asheville, NC is a great retirement destination.
2. There are some cities which are very
popular with retirees. Chicago is one because of its transportation
systems and quantity of universities. Atlanta is popular
due to its warm climate and slower pace of life compared
to northern major cities. For the history and museum buff,
Alexandria, Virginia is a great city to retire to because
it’s extremely close to Washington D.C. which is full
of museums and historical sites. Boston has a unique culture
related to its wealth, scientific institutions, and plethora
of world-class universities. For the outdoor enthusiast,
Denver, CO is minutes away from the Rocky Mountains and
some of the best skiing in the world.
3. Retiring overseas can be a good option
for someone who wants a bit of adventure and is prepared
for a major shift of life. Costa Rica offers beautiful beaches
and tax opportunities which can be explored for the wealthy
retiree. Retiring to Europe can be a good option for a retiree
who wants a change of life yet doesn’t want to go
without many of the modern amenities. Switzerland is a gorgeous
country with plenty of activities for the active senior
yet also has a very private culture that doesn’t tread
on people’s rights (Swiss banking didn’t get
so famous without some truth to the rumors). Another benefit
of retiring to Europe is that you can visit many countries
by simply hopping on a train. There are also very cheap
airfares to different countries from all the major cities
in Europe.
4. There are many financial aspects to consider
when you’re retiring to different cities. Many states
don’t have income taxes (Wyoming, Alaska, Nevada,
Florida, South Dakota, Washington and Texas) so choosing
a city in one of these states can be advantageous. Any shopper
will love not having sales taxes so a city in Oregon, Alaska,
Delaware, Montana and New Hampshire is something to consider.
Just make sure to check property tax rates before you move
because many states make up for low income and sales taxes
with exorbitant property taxes. If they have low property
taxes as well, make sure that you’re not moving into
a backwoods area with poor roads and medical services.
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5. Money Magazine is a fantastic source
for retirement info since they publish a listing of all
the best places to retire. They cover certain things that
are uncommon to most rankings like longevity of living and
historical facts. Want to move to Hawaii? Honolulu County
is one of the top 10 for longevity…so get packing!
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