The most important thing to consider while planning your retirement is finances. You can quantify the figurative income you would need for living comfortably post-retirement, but ensure that you factor in inflation, unprecedented payments, medical costs, and such. This can help you determine an accurate income bracket according to your standard of living. The next big thing is to decide where you would like to spend your golden years.
To help you, here’s a list of the best places to retire in the country:
This is one of the best places to retire for people who wish to spend their golden years on a budget. The place is a haven for several wildlife creatures, including sea turtles and dolphins, and it’s home to a beach. And that’s not all! Pensacola scores high in terms of housing desirability.
The city has comfortable, warm weather, white-sand beaches, and a beautiful downtown area for leisurely walks. Sarasota is also a hub for culture and takes pride in its collection of art galleries and museums. The city caters to a lot of tourists and so, it’s home to several luxury restaurants and hotels.
Fort Myers, Florida
Yes, Florida is a popular choice, and for good reason. Located on the Gulf Coast of Florida, Fort Myers can provide a wide range of housing options in different price ranges. The city also has a low unemployment rate, which is a bonus point for those who wish to earn or just keep busy in their golden years. This makes it one of the best places to retire in the country.
Nashville witnesses all four seasons and has moderate weather conditions. There are also several options for outdoor activities to keep busy in the retirement years. The city houses several parks, museums, and restaurants that serve lip-smacking food. Plus, retirees in the state don’t have to pay tax on their 401(k), IRA, or pension income.
You must also consider factors like property rates, how friendly the neighborhood is, whether you require a large or medium space, and the proximity of your new home to your family members before deciding on a place.