money sectionmoney sectionAfter beating the final boss in "Torchlight," a new non-player character named Goldenrod appears in town. She offers the option to retire your character. The retirement system is designed to give you some benefit from an old character you have no interest in playing again. Retiring your character deletes it permanently, but provides two benefits to the next new character you make. The new character, also called a descendant, starts with an extra fame level, which grants one additional skill point at the start of the game. In addition, that character receives one of the retired character's items as an…
The financial site Money Rates ranks Ohio among the 10 worst retirement states, citing its high tax rates. Yet many retirees select affordable Buckeye-state towns for their golden years. While the cost of living in any town depends upon habits and lifestyle, the Midwest offers housing costs and crime rates below the national average. Depending upon personal preferences, the ideal low-cost retirement community in Ohio might be a large city, a college town or a military community.
According to the Find New Homes in Florida website, an average of 1,000 people move to Florida every day. It is popular among a variety of groups, from young professionals to families and those looking to retire. The Sunshine State has locations to suit nearly everyone, from vibrant college towns to laid-back coastal locations and bustling, fun-filled cities.
The Sunshine State is a popular destination for those looking to relocate somewhere warm, relaxed and with access to the ocean. Florida boasts a range of potential destinations and the desirability of an area is really dependent on what you're looking for; whether that's somewhere to raise a family, retire or just have fun. .
The allure of retirement may not be the quantity of leisure time suddenly available. Retirement leads to relocation for many retirees. The definitive question is where to retire. Many people move closer to family. Others are open to travel just about anywhere. Everyone has a list of criteria that narrows down the possibilities. One of the top priorities is affordability.
Gated communities and private communities are distinct from other kinds of subdivisions or masterplanned communities because gated or private communities have private streets. The public cannot use the resources inside the community without permission from property owners or the property management company. Private and gated communities have association fees that cover maintaining the common areas and any buildings under association control. Gated communities can exist within private communities by cordoning off a separate subdivision within the overall masterplan by erecting a functional gate or guard house to restrict access.
If you love English beer or the Scottish countryside, the United Kingdom might seem like the perfect retirement haven. It's perfectly legal for Americans to retire to the U.K., provided you can qualify for a British visa. Financing the move and adjusting to the British lifestyle can be challenging for some retirees.
Retirement is a time to forget the worries of the corporate world and relax in the fact that you have worked hard. Relocating for retirement can mean researching states that are the best for retirees. Factors such as climate, life expectancy, crime data, cost of living, taxes and unemployment can affect whether or not a state is suitable for a retiree.
Delaware is located on the northeast coast of the United States. It has a population of almost 784,000, as of 2011, and the average cost of a home is just over $260,000. Delaware has many great areas to choose from but when looking for an area to suit a family, the quality of schools, transport and recreation are all necessary considerations.
Like most things in life, the best of anything is subjective. If your budget is the driving force in deciding where to retire, you are in luck because there are several good options.
Many workers look forward to retirement as a time period in life devoted to leisure, family, travel and enjoying life's pleasures. But without taking finances into consideration, retirement can unfortunately include penny-pinching, taking on part-time work and fretting about money. One way to avoid money worries in retirement is to go somewhere that provides value for your dollar. Some of the financially best places to retire offer pleasant outdoor spaces, ample housing and lower overall cost-of-living expenses.
Looking for a retirement place is an important part of planning your retirement. Target what is important to your life style before deciding on a location. The beauty of retirement is not being held captive by your job. If your choice turns out to be a mistake you are free to move on.
States can levy many different types of taxes, which their residents must pay during the course of their daily lives. Along with annual income taxes, states also collect retail sales taxes, property taxes and taxes on individual goods like liquor or cigarettes. Both the states of Alaska and New Hampshire currently do not collect either income taxes or sales taxes from its residents, although Alaska does have a few high excise taxes. The highest income tax rates are charged in New York, Connecticut and Washington, while California, New Jersey and Indiana all charge higher-than-average sales taxes.
Retirees seek an affordable quality of life where the leisure time and recreational activities they enjoy are available. Where to retire depends upon a variety of factors, including climate, affordable housing, quality health care and family ties. Pennsylvania is becoming a retirement haven offering affordable housing, low taxes, quality health care and access to major metropolitan areas including Washington, D.C., Baltimore and New York City.
No more shoveling sidewalks or slipping on icy patches for you, once it comes time to retire. If you dream of year-round warmth, sunny skies and sandy beaches, you may fear the price tag of retiring in such areas. However, economical retirement in a warm area is within reach whether you want to be on the East Coast, the West, the South or even abroad.
If you're concerned about the type of medical care you will receive should you become incapacitated or terminally ill, a living will can help you to protect your interests. If you're a resident of Delaware, your right to draft a living will is protected under Title 16, Chapter 25 of the state legislative code. This section of state law outlines the requirements for drafting a living will and the types of procedures they cover.
The Affordable Health Care Choices Act of 2009 (HR 3200) was a bill proposed in the House of Representatives to reform health care in the United States, according to Open Congress. The bill was not passed, but was superseded by the Affordable Health Care for America Act (HR 3962) which was passed by the House of Representatives in November of 2009. The similar Affordable Health Choices Act (HR 1679) was introduced to the Senate in September 2009, but it also failed to pass and ultimately a health care bill called the Patient Protection and Affordable Health Care Act was passed…
If you struggle to gather enough money for your retirement and worry about whether your nest egg will be sufficient, moving to another place to retire may be a good solution. You can stretch your dollar in places where the cost of living is cheaper, and you may even be able to retire early.
Health care was hot in the news in 2009 and 2010 as the Democratic Congress and the Obama Administration tried to pass the first major health care reform legislation in decades. They mostly succeeded, producing the Affordable Care Act, and health care will continue to be in the news as the provisions of the new law come into effect between 2010 and 2014. The Affordable Care Act preserves for-profit health insurance in America, but corrects many abuses and inefficiencies, and brings health insurance to all Americans.
If you are at an age where you imagine yourself on a sunny beach enjoying every day of your retirement, there are a number of great choices both in the United States and abroad. Retirement locales range from traditional states like Florida to developing countries such as Nicaragua. The best warm places to retire depend on your personal criteria and the standard of living you desire.
As baby boomers reach retirement age, they seek affordable, comfortable places to spend their golden years. Many traditional retirement locations, such as Miami, Sedona, Asheville and Mexico have become overpriced and crowded, so retirees have found new places to live. If you are nearing retirement age and are looking for a retirement spot that offers cheap living costs and many amenities, you can choose from several locations.
North Florida is a mix of natural settings and bustling cities, from beachside gems like Apalachicola to the capital city of Tallahassee. Retirees can enjoy a vast array of recreational activities with easy access to pertinent senior services, which is part of what makes this area an attractive option for retirement. Choose from a number of small and large towns in North Florida to spend your golden years.
Individuals who retire at an early age often want to stay active, travel and have plenty of options for recreation and rest. Since they don't need to be right in the middle of busy metropolitan areas, they can live beyond urban restrictions. Availability of leisure activities is very important and being near an urban cluster or city that will provide young retirees access to a major airport, shopping, dining, sports and a music scene is also important. According to CNN Money, other criteria for young retirees include a positive population growth from 1990 forward; location within 100 miles of a…
The Retirement Systems of Alabama, RSA, is the administrator for a deferred pension plan for workers in the state. Workers opt to defer part of their income for the RSA to invest via the RSA-1 plan. The RSA will invest this portion of the salary and it is not subjected to either state or federal taxes until the employee releases funds to herself. One of RSA's more well-known investment properties is the Robert Trent Jones (RTJ) Golf Trial. Scattered across 11 locations in Alabama, it has 26 golf courses for 100 miles of golf. The RTJ Golf Trial is also…
Executive retirement plans are a way for companies to discriminate against rank and file employees and offer executives additional retirement benefits. The benefits are non-qualified. This means that the money does not qualify for tax deductible contributions to the plan. Instead, the plan allows unlimited contributions and may or may not allow for tax-free distributions during retirement.
A scanner may make an excellent addition to your home office if you find yourself regularly wanting or needing to archive and store physical photos, receipts, correspondence and other documents on your computer. Scanners can easily cost a lot, but you don't have to shell out a huge amount for a decent scanning experience. Several trusted third-party computer critics have identified some of the market's best scanners that offer a high level of performance at a wallet-friendly price.
While workers in the past could enjoy the security of a pension plan, many workers today are not so fortunate. These days it is up to every worker to prepare for their own retirement, and that means doing some serious planning. You can enjoy a financially secure and happy retirement, but it is important to get started as early as possible.
Tourists seeking sun and surf have been going to Jamaica for decades. However, the beauty and intrigue of this Caribbean island extend well beyond its beaches. Jamaica's natural wonders and historical sites should be on every visitor's must-see list.
According to US News, the baby boomer generation doesn't have enough money put aside for retirement. People are waiting longer to retire and avoiding traditional retirement locations such as Florida and Hawaii. The two primary cost issues for retirement consideration are taxes and housing. With a little planning, a person can find a retirement community that has plenty of interesting activities with lower housing costs.
Retirement can mean a lot of changes in some people's lives, some of them welcomed and some of them stressful. Relocation is a common theme of retirement with newly retired people moving to be closer to family or to seek an escape from winter. Many relocate to find a more affordable place to live.
Finding the right city to retire in can optimize your post-employment years. Coastal cities along the Gulf of Mexico feature warm climates and plenty of outdoor activities, and many gulf coast locations offer tax breaks for retirees and low housing costs. Despite the April 20, 2010 oil rig explosion in the Gulf of Mexico and subsequent oil spill, the area is recovering. Retirement communities along the area urge visitors to see for themselves that the beach are still white and sandy and that the gulf coast is still a great place to retire.
Although the state of Vermont does not have a certified retirement community program, it does offer a few attractive towns for retirees. Also known as the Green Mountain State, Vermont offers a humid-continental climate, with mild summers and cold winters often resulting in a snowstorm. Vermont is the perfect retirement location for active adults over 50 who enjoy being outdoors, want to experience all four seasons and live in sparsely populated towns.
Latin America and Asia are among the cheap places to retire for those on limited incomes or who just want to save a buck. Their money may stretch farther than in the United States. Because of this, retirees may be willing to live in an unfamiliar culture with a primary language they don't speak. Retirement guides note that living in small towns, rather than a country's major cities, also cuts down on living costs.
Choosing a place to retire is a personal decision based on financial and emotional factors. Some areas are more retirement-friendly than others based on home prices, income tax rates and state sales tax rates. States with a high income or sales tax are often not good places to retire because the taxes eat away your retirement nest egg. Do not make your retirement destination decision lightly because you might find yourself stuck in one place for quite a while.
Aside from being near the scenic Atlantic Ocean shoreline and historical areas like Philadelphia and Washington, D.C., Delaware has economic advantages. Delaware residents are not required to pay sales tax for food or entertainment, and they pay one of the nation's lowest property taxes. Social security assets are exempt from state income taxes and, if you are a taxpayer over 60 years old, you are eligible to exclude up to $12,500 yearly in pension and investment income. Favorable tax laws make "The First State" an ideal residence, and publications including CNN Money have identified several of the best places to…
Choosing Delaware as a retirement location is more popular than ever. Retirees living on the east coast find Delaware to be not only centrally located but offering a slower paced lifestyle, low taxes and great cultural and recreational opportunities.
While many retirees leave behind their full-time 9-to-5 jobs they worked at for decades, some choose to pursue post-retirement careers. Some retirees miss the camaraderie shared with co-workers, while others want the additional income. Many post-retirement jobs allow retirees to pursue creative interests or fulfill lifelong dreams. Some can be part-time jobs that allow retirees plenty of spare time for their families or hobbies.
Between the Tropic of Cancer and the Tropic of Capricorn is a section of Earth called the tropics where it's predominantly sunny and warm all year along. If you are getting ready to retire or just want to move somewhere different, look into the tropics as a possible personal paradise. Before making the big decision to relocate to a tropical place to live, visit at least once to see if it suits your needs and lifestyle.
Most Americans want to make the most out their upcoming retirement age, so they plan for it in advance. Part of the planning process typically includes deciding where they would like to live out their golden years, and many Americans dream of living abroad. International retirement can offer a lower cost of living, cheaper health care and a moderate climate, as well as a sense of adventure and excitement.
The AARP recommends relocation as a way to save expenses during retirement. Combining relocation with downsizing may save even more. Relocating has become a serious consideration for retirees, and some are comparing taxes, cost of living, climate and available senior activities to find an area, a state or a town most suitable to retirement. Kiplinger, CNN Money, U.S. News and the AARP have already done some groundwork.
As retirees look for a place to spend their later years, weather and medical facilities occupy an important position. Many locations look great in the summer, but winter weather affects outdoor activities, utility costs and old bones unfavorably. Reviews by websites like Top Retirements, CNN Money and AARP find that some areas consistently rank high as suitable retirement locations.
Everyone has a different dream for retirement. Many people dream of living in communities populated only with other seniors. Some retirees want to open their curtains every morning to see the ocean or perhaps the mountains, while other retirees want to live in a community that offers a lower cost of living but year-round activities to suit their busy lifestyle. The northeastern part of the United States has a number of the most desirable retirement destinations.
When determining the best place to retire, consider several factors. Learn the cost of living, crime rates and even unemployment rates of a region before deciding if it's the best place to spend your golden years. Ease of access to family is another deciding factor in choosing where to retire, as are climate and life expectancy rates. When choosing the best option for you, it might not be a bad idea to determine the worst places to retire so you understand what to avoid.
In a report by Liz Pulliam Weston for MSN Money, one of five retirees will have to live solely off of their Social Security checks. As such, managing the expenses of living can be challenging, particularly if safety and economics are you concern. However, collecting Social Security does not mean that you have to live uncomfortably. There are places in the United States where you can live safely and affordably off of your monthly Social Security checks. You also have the option of moving out of the country.
Arizona is a viable option for retirement because it offers warm weather, an affordable cost of living and many available housing options for retirees. Even though the state can be exceedingly warm during the summer months, some areas of Arizona offer moderate temperatures and enjoyable year-round activities. There are several cities in Arizona that are highly suitable for retirement. The scenery can be captivating and the unique combination of affordability, warm weather and available housing make Arizona a popular choice for retirement.
Many Americans plan for retirement for decades, and they do so in order to make the most out of their golden years. Most retirees aim for certain levels of comfort during this life phase, such as financial stability, a pleasant climate and a wide variety of hobbies and activities to do. For these reasons, many American retirees move out of the United States and settle down in foreign countries. They have many expatriate retirement areas to choose from.
Retirement comes with myriad considerations, including new hobbies to pursue, managing your retirement portfolio or choosing a location in which to retire. The latter of those considerations can be challenging if you aren't sure where you want to go. If you are looking for something more adventurous --- and affordable --- than the place you live now, there are several countries that cater specifically to a retired population.
Many would be surprised to learn it's actually cheaper to retire in an overseas location, than it is in certain parts of North America. With its subtropical weather consisting of warm summers and mild winters, plus the historic landmarks and exquisite beauty, the Mediterranean offers several inexpensive places to live out your golden years. According to International Living's 2010 Annual Retirement Index, your earnings will go farther, the lifestyle is healthier and your healthcare is much cheaper abroad.
Over the years, the rising cost of living in the United States has led Americans to seek affordable retirement destinations abroad. Important tips to consider for retirees seeking international destinations include factors such as the exchange rate of a country in comparison with the U.S. dollar, health care access and the political stability of a retirement destination. The CIA FactBook and the U.S. Department of State provide up-to-date information and warnings about most countries around the world.
The Gulf Coast of Texas continues to be a magnet for retirees due to low-cost living, warm weather averaging 70 degrees year-round and approximately 370 miles of scenic coastline. Another draw to the State of Texas is the absence of state and retirement income taxes. The housing market remains below the national average, with homes starting well under $100,000, according to The North Carolina Center for Creative Retirement, which tracks annual retirement trends.
Single persons decide to relocate at retirement for a variety of reasons. Single, widowed or divorced persons who must be the entire support of their domain seek to find a socially active community, with a low cost of living and a favorable climate. Some people relocate to downsize from a large family home or to be close to family or friends. Others follow their dreams and seek adventure, new surroundings and the recreational pursuits.
Many retirees live on a fixed income, or tight budget, and they want to get the most for their money, as well as enjoy their golden years to the fullest. Texas is a viable option for some, as it features mild winters and no state income tax. If you are planning to retire to the Lone Star State, some areas offer cheaper housing and cost of living than other parts.
You've worked hard and saved up your money to retire. Once you've retired, don't let real estate, taxes and a high cost of living zap your nest egg. Several states come recommended by financial experts as some of the best budget-friendly places to move for retirement. The more money you save in your annual living costs, the more money you'll have to spend on vacations, hobbies and the joys of retirement.
While many people simply want to stay put once they retire, others are looking to maximize their assets and quality of life now that they have time to better enjoy it. The state of Florida springs readily to mind when thinking about popular places in the United States for retirees, but Texas is a good option as well. Texas is a large state with almost every kind of environment you could want, from dense forests to dry, arid deserts. Several of the most affordable places to retire in the entire country are located in Texas.
People looking for a place to retire in New Jersey have many choices. From small towns to big cities and shore communities, the state of New Jersey offers something for everyone. When choosing a retirement area, people take into consideration the lifestyle they will lead in their location of choice, as well as the amenities of their home.
You have finally arrived at the moment you have been waiting for since you began working many years ago: retirement. The chance to begin a new life in a warmer climate or more cultural setting has long been your dream. Maybe your retirement savings are not as much as you had anticipated or you simply want to be economical. If so, you do not have to defer your dreams. There are a few destinations that are well known for their appeal and affordability.
For many seniors, making ends meet on limited incomes can prove to be difficult and working a part-time job after retirement isn't unheard of. Financial hardship can also have an effect on where they live---that means moving to a place with a lower cost of living. There are some affordable locations around the world that can be an attractive place to retire.
Retirement is often viewed as the holy grail of life --- a time when a daily job is nonexistent and life is easy and full of fun. However, for many people who are retirement age, retirement may be a fearful time with many unknowns. One of the more important things to plan before retiring is where to live. While many have dreams of retiring to exotic locations, budgets and reality often dictate that retirees must live in locations that are more affordable. Fortunately, there are many affordable retirement locations in the U.S.
Retirement on any type of pension may require budgeting care; those on a federal pension may find themselves having to do the same. With congressional pensions averaging between $36,000 to $61,000 in 2006, those retiring on a federal pension should fall somewhere between. Finding an affordable retirement on this annual amount may be as simple as moving to a spot that still has a winter season, or finding a college town--where art and culture are plentiful, but residents (namely college students) often live on a shoestring budget.
People who are approaching their 60s or 70s think ever more seriously about their retirement. Those who don't have a huge amount of money put away tend to worry that they may not have enough to support themselves for the rest of their lives. One way to make the money go farther is to pull up stakes and move somewhere where houses and the cost of living are cheaper.
Many retirees are living on fixed incomes, so they are looking for ways to save money. Given the large percentage of many people's incomes that goes to rent or mortgage, it might make sense to move somewhere altogether new, where housing, food and other requirements cost less. For some elders this is sometimes the best solution for a happy retirement.
Most working people look forward to retirement, and many imagine a comfortable lifestyle in a beautiful locale in their golden years. But with living expenses being as high as they are today, relatively few people can afford to retire early, and even fewer can afford to retire in a tropical paradise like Hawaii or Fiji. But there are still a number of retirement places that offer a high quality lifestyle to retirees on a budget.
When considering retirement, many people choose to move to another area of the country. While Florida is a traditional haven for retirees, the Sunshine State is just one of many popular spots. According to the website TopRetirements.com, a number of popular periodicals, including Forbes, Money Matters and U.S. News and World Report publish annual lists of the best places to retire to. When choosing where to spend your golden years, take into account factors that are specific to your situation--what's right for someone else may not be the best place for you.
According to Kiplinger, a widely read personal finance newsletter, the best retirement locations offer a high quality of life and low cost of living. Retirees must also know a state's tax burden when considering their retirement destinations. In 2009, "U.S. News and World Report" listed the top 10 affordable places to retire. The best places to retire financially include states such as Texas and Florida or cities including Pittsburgh and Chattanooga.
After slaving away in the workforce for approximately 40 or more years, retirement should be the time of relaxation, and finances should not be a source of worry or stress. Finding a locale where housing and living costs are low can be a major benefit. Many of the cheapest places to retire in America are located in the Midwest, and several of these towns and cities are ranked in CNN's "25 Best Places to Retire."
Finding a safe, cheap place to retire can help you make the most of your nest egg and ensure happy, tranquil golden years for you and your spouse. Fortunately, there are many places across the U.S. that are ideal for retiring. Finding one that suits you requires thinking about what's important to you, whether it's quick access to a major city, warm weather or availability of outdoor activities.
As the number of people nearing retirement age continues to grow, many people are seeking retirement destinations that allow them to live active, healthy lifestyles in their older years. There's no shortage of healthy places to retire in the United States. Whether you want to live somewhere warm, or you want to experience the change of seasons each year, you're sure to find the perfect retirement spot that's right for you.
In today's fluctuating economy, many senior citizens evaluate their living conditions and choose down-sizing to more affordable housing. Many retirees elect to stay in their familiar local area to be close to family and friends, while others look for a change of scenery and relocation to a community that presents a lower cost of living than their current circumstances.
Texas is filled with attractions for retirees and a warm climate to enjoy those activities year-round. Explore the state's wildlife and natural resources or golf, hike, swim and dance. Retirees vacationing in Texas can find affordable accommodations including luxury campgrounds, bed and breakfast inns, and time-shares.
When looking for a place to live, many people must pick a location that is close to their jobs or relatives. However, if you are in a position to freely choose your new home, many places in America offer beautiful scenery, affordable real estate, and low cost of living.
Arkansas is a popular state for retirees because of its low cost of living, warm climate and appealing natural scenery. Several retirement communities and others designed for seniors exist in cities throughout Arkansas. In early 2009, an average house in Little Rock sold for $125,400, less than the national average price, according to the Top Retirements website. Arkansas has several cities that provide the financial stability and attractions retirees often seek.
Many people imagine themselves living in a tropical paradise during their golden years or in a quaint foreign town. However, some people assume they couldn't afford to retire abroad. Aside from cost, consider factors such as the language spoken in a particular place, the food and goods available, legal residency requirements and available healthcare, as the Retiring Overseas website suggests.
As retirement draws nearer, you may be considering relocating and calling a new place home. According to the U.S. Census Bureau, seniors ages 60 and older make up over 19 percent of Florida's population. Retirees flock to Florida for the good weather, health care, culture, and low taxes. Florida also offers retirees a selection of towns in which real estate and the cost of living are inexpensive.
Texas offers a variety of destinations that are ideal for retirees. In addition to its year-round pleasant climate, other incentives to living in Texas include the state's overall low cost of living, which is below the national average, its small college towns and affordable home prices. Retiring in Texas also has some tax advantages; there is no state income or property tax, and the sales tax in Texas is 6 percent. Austin and San Antonio are two popular destinations for retirees.
Tennessee offers a variety of options for retirees to enjoy the golden years of life. Culture buffs can find a host of cultural and historical attractions in Nashville, Memphis and Knoxville. Outdoor lovers can enjoy mountain hikes and whitewater rafting in East Tennessee or eagle watching around Reelfoot Lake in the northwest corner of the state. Tennessee residents enjoy no state income tax, world-class entertainment and down-home Southern hospitality, in small towns and urban centers.
Retirees often relocate for a variety of reasons upon retirement, including weather, family, entertainment and, oddly enough, taxes. Regardless of where you live, federal taxes don't change, but the state and local taxes in certain states can become a large financial burden for retirees, according to a 2010 study by Kiplinger. The best places to retire for tax reasons often offer stellar rates for income and property taxes.
The idea of retirement has been transformed in the last few decades. No longer is retirement considered an end, but a beginning. The shackles of a five-day work week, family responsibilities and financial burdens are removed and replaced with 18 holes of golf, lazy afternoons, and economic freedom. But the ideal retirement has been harder to attain as stock portfolios, retirement accounts and housing prices were devastated during the recent economic recession. To offset economic hardships, retirees should begin looking for a place that is cheap, cool and meets your needs. The country has a diverse set of cities and…
According to Top Retirements, Texas is the seventh most popular state for retirement and the state's cities frequently show up on the "100 best places to retire" lists. Low costs, a warm and dry climate, vibrant cities and college towns and adult communities bring retirees to this larger than life southern state. As of 2010, having no state income tax policy is also a major benefit. When choosing a specific city or town in Texas in which to retire, decide whether you want to live in a big city like Austin, the capital city, another large city like Dallas or…
Florida draws many retirees because of its scenic natural beauty, leisure opportunities and, of course, year-round warm weather. For senior citizens who want to have the option of participating in outdoor activities throughout the year while enjoying affordable cost-of-living expenses, Florida can be a good choice. In recent years, many Florida communities have experienced falling home prices that can benefit those looking for a retirement home in the state.
Towns and cities around the country have a lot to offer retired people, including affordable living, pleasant weather, health care, and activities that engage both body and mind. As you near retirement, consider which community will be the best fit for your needs and interests.
Today there are many options other than the traditional senior housing alternatives for retirees to consider. Seniors who wish to remain living independently but in a more secure environment normally take into account the types of community services and recreational activities, as well as the health care services available. These are all issues to think about before retiring to another location. For most Americans, the question of where to live during their post-retirement years can be based on a number of different factors, this according to CBS MoneyWatch.com (see Reference 3).
"Baby Boomers" born between 1946-1964 are facing retirement in hordes. As such, a huge market for retirement planning has emerged. As a result, many financial publications and news outlets are compiling lists of the best places to retire. If you are beginning your career or on the threshold of retirement, consider some of these East Coast locations for your "golden years."
Individuals or couples who are planning to retire will often want to relocate to places that are different from where they have previously lived. Tropical locations are common among retired persons as they offer a warm climate and, often, a unique environment. Common tropical retirement locations include Costa Rica, Mexico and Panama, which all offer beautiful landscapes and interesting cultures.
When looking into where to retire, the desire of senior citizens to feel safe in their new community can play a huge part in the decision-making process. Many retirees who move away from home, want to settle down in an area they know has a relatively low crime rate, but also offers a moderately-paced and interesting lifestyle.
Retirement offers retirees a chance to begin a new life overseas. There are a number of factors involved in choosing a location for life after retirement: cost-of-living, the availability of good medical facilities and a favorable retirement program for potential expatriates. The tropics offer an ideal location for retirees because of the warm climate, lower cost-of-living and the special programs countries are beginning to offer retirees. It pays to shop around before moving to a foreign country; sample the lifestyle of a foreign prior to making a big move. Spend a few months renting a house or condo.
Retirement is the ultimate goal after working and saving for a lifetime. Several factors are relevant to retirees when choosing the perfect retirement location; these include weather, medical care, taxes and recreation. With a history of volatile economy times, affordability is quickly becoming the most influential factor in determining a retirement location.
With its mild weather and beautiful scenery, the California coast is an attractive place for seniors to retire. Although access to beachfront property in California is expensive throughout the much of the state, several retirement communities exist on the coast or very close to it. They range greatly in their amenities and facilities, as some offer on-site medical care and assisted living, while others merely place an age minimum on residents and require retirees to live independently.
When retiring, cost of living and taxes on retirement are very important factors. Standard of living, arts and culture are also deciding factors in choosing where to retire. A balance between these factors is ideal for a budget-minded retiree. There are cities all over the U.S. that are affordable and cultural.
Upon retirement, one of the first considerations is where to live. While some may opt to stay in the home in which they've lived for a majority of their lives, others may need to move to a new locale that offers senior-friendly qualities and a lower cost of living. There are several cities around the country that provide seniors with an inexpensive place in which to retire with elder friendly initiatives to keep the senior population engaged in the community.
When it comes to considering a place to retire in Canada, the main drawback is that the country's livable space spreads from east to west, the result of which means less weather variances. This in turn forces Canadians to establish new priorities in evaluating where to settle down in retirement. With new priorities such as affordable housing, accessibility of health and basic services, and the beauty of the surroundings, you get a choice of retirement locations just as ideal as if they were situated in a year-round warm and sunny climate.
The harsh realities of the U.S. economy these days are making it more and more difficult for seniors to settle down in long-time retiree hot spots like the Napa Valley, Honolulu, and coastal Florida. Choosing a place to retire that is both affordable and appealing is a challenge for many baby-boomers approaching their golden years. Fortunately there are many places around the country often overlooked by retirees that offer low taxes, adequate health services, and other perks for seniors.
As the golden years approach, people begin thinking about ideal places to retire. For boat enthusiasts it is important to find a place near the water where they can get the most out of their boats during retirement as well as enjoy a suitable community for retirees. Fortunately there are a number of places in warm-weather climates within the United States that are popular retirement destinations for those who own a boat.
With longer life expectancy rates, many Americans look forward to spending their golden years enjoying retirement. However, according to U.S. News and World Report, most Americans are behind on their retirement savings and dreams of retirement are being downsized and delayed. One way to keep retirement hopes alive is by relocating to a less expensive area to save money on housing and living costs. There are several U.S. areas from which to choose.
Alabama retirement programs are in place to take care of state employees such as teachers, public servants and medical providers. Through the Retirement Systems of Alabama (RSA) and privately funded providers, workers from a number of high-need industries enjoy peace of mind in addition to job security. No matter what the industry is, every worker has an individual plan to ensure retirement plans are met without complications.
Retiring individuals and couples often look for not only a beautiful or exciting place to spend their “Golden Years,” but an inexpensive location to live and enjoy life. When considering a place to retire, rural areas should be placed at the top of the affordability list.
When it comes to retirement, choosing the location is an important decision. Retirees take into consideration several factors including climate, transportation, senior activities, proximity to relatives and the availability of quality health care. Retirees looking to downsize their homes and live on a fixed income must examine the cost of housing and taxes where they hope to retire. Since many retirees have to live on fixed incomes, the deciding factor in finding a retirement location often is affordability, commonly determined by examining housing prices. Several locations across the U.S. offer beautiful retirement destinations at a price that works.
For the most part, California offers the type of weather that makes it ideal for retirement. For this reason, California cities pop up frequently on CNN Money's healthiest retirement places list. For example, Anaheim is ideal for outdoor activities, but is also an attractive spot to have the grandkids visit. Throughout the state, it may be tough to find boredom in retirement.
Retirement should be synonymous with enjoyment. When you reach retirement age, you are probably re-assessing your budget and plans for your golden years, but it is essential that you include in that plan a place that will allow you to reap all that you have sewn. It may not be where you reside currently. Most people will look for affordable housing, a temperate climate and like-minded people and activities. Most think of Florida as the No. 1 retirement choice, but there are several lesser-known, tucked-away communities on the West Coast that are surging in popularity.
If you are retiring soon, you may want to consider moving somewhere that is more tax friendly. Federal taxes are the same throughout the 50 states, but there can be a big difference when it comes to state and local taxes. It is best to look closely at income tax, property tax and sales tax to determine which states are truly tax friendly places to retire.
As you approach your retirement years, you might be thinking of relocating to another part of the country. You might wish to seek a warmer climate or move closer to your children and grandchildren. Finances will probably figure largely into your decision, and your post-retirement income could need to stretch further. Spending time on careful research will help you find just the right place to retire and protect your savings while you enjoy a comfortable lifestyle.
So you are an empty nester, or you have just decided it's time to start winding down your busy life and head for retirement. You're certainly not ready to go into assisted living, but you'd like to be able to hang out with like-minded people your own age, perhaps without noisy children and with plenty of recreational options. There are plenty of choices to fit lifestyles and budgets.
Retiring to another country means considerable change, including deciding what lifestyle you want and whether you want to learn your new neighbors' language.
When retirement day approaches, you may be free to exercise options that you left on the back burner during your career. If you stayed in the Rust Belt or Tornado Alley because of your job, this is the time to consider moving to an area of the USA that lets you pursue your retirement dreams. The United States has many great places to retire. You could choose better weather, a lower cost of living or more cultural and recreational opportunities.
A lower cost of living and beautiful surroundings in Central America have been capturing the hearts of retirees in the Western world for some time. But which country is the most favorable to the dreams of baby boomers? A country-by-country look at the safety and stability of governments and the ease of becoming a resident pensioner and property owner may shed light on this important decision.
With work responsibilities behind you, retirement frees you to make a move. Whether you've dreamed of living on the coast, in the mountains, in the city or closer to grandchildren, retirement planning is an invitation to research and explore a new city or state or an entirely new type of residence. Develop a list of criteria--things you would like to live near (or far from)--and use some of these popular lists as springboards to start a new adventure.
The ideal retirement is being able to retire when you are around 65, then spend your golden years someplace warm that is full of activities.
Retirement is when you should reap the benefits from hard work and saving. Age 65 is the typical retirement age, though people are of many minds about when to retire based on overall investments, job situation and goals. Generally speaking, however, most people look for affordable housing in a good climate with an overall affordable cost of living. While Florida ranked high on the list for retirees for years, people have found other retirement meccas that fit the bill as well.
Retiring on a fixed income can be challenging for the unprepared. While resources exist to help you find your retirement home, the key to retiring well is to identify the things that will matter most in your retirement and focusing on places that deliver what you value most.
Everyone is always anticipating their retirement, no matter their age. It seems this is the ultimate plan, to retire somewhere nice but cheap. In order to prepare, you need to do your homework. The following will give you a list of things to look for when pursuing the best and cheapest places to retire.
Federal taxes will be the same no matter where you move for retirement; however, state and local taxes vary from one state to the next. A lot depends on your financial situation before deciding where to retire for the best tax savings. Make sure to research places to retire before making a decision to move. Here are some suggestions to help you make a decision about where to move for the best retirement tax savings.
When contemplating retirement, many people consider moving outside of the United States. Exotic retirement locations can offer many benefits, including a lower cost of living, a more relaxed lifestyle and in some cases, high quality, affordable health care.
New Mexico is a popular place to retire, with a wealth of cultural, educational and arts resources and an excellent climate year-round. Santa Fe and Albuquerque are the two largest cities, both settled by the Spanish in the 17th and 18th centuries, respectively, and have been favored as retirement locations. More recently, retirees have flocked to the beautiful smaller towns across the southern part of the state, including Silver City, Las Cruces, Roswell and Carlsbad. Northern New Mexico real estate prices tend to be above the national average, but in the south they are below the national average.
Mexico remains a popular destination for American retirees, although it is not as inexpensive to live there as it once was. Although there are large colonies of American expatriates in cities such as Cuernavaca, San Miguel de Allende, Guadalajara and Puerto Vallarta, retirees who must live on a limited budget would do better to seek out smaller towns and villages that have not had a sharp upsurge in American retirees and the rising prices that seem to follow them wherever they go.
There are hot spots in the Great White North that draw retirees from across Canada. Determining where to retire is highly personal, but retirees gravitate to places with affordable housing, friendly residents, cultural events, pleasant climates or landscapes, low crime and good health care.
Quality of life--that's what people look for when considering a place to retire. The best retirement location means different things to different people, but everyone is looking for the very best quality of life that they can afford. Finding that ideal place to retire begins with planning ahead, deciding what the best retirement location looks like and then doing countless hours of research.
Retirement communities are typically housing developments with amenities and planned activities geared towards retired individuals in the 55 years and older age group. Michigan's population of senior citizens and older retired individuals generally travel to southern states in the winter seasons from October to April. During the warm Michigan summers, seniors and retirees enjoy the many outdoor activities prevalent in the great lakes state such as golf, boating, hiking and bicycling, which many retirement communities in Michigan focus on as their main selling points.
