Sunday, September 18, 2011

Finding the Best Places to Retire



We gave a lot of thought to our decision to retire in Laguna Woods Village, California. We chose our location partly because we have a lot of relatives who live in California, and we wanted an affordable place to retire that would make it easy for us to visit our relatives, and for them to visit us.

Finding affordable houses is not always easy in the Southern California real estate market, but Laguna Woods Village is one of the less expensive places. We also wanted palm trees, walks on the beach, mild weather, and plenty of golf to play a big role in our retirement years.

However, not everyone can or should retire to Laguna Woods Village. As a result, whenever I see articles about other possible retirement areas, I'll pass that information on through this blog.

A few years ago, CNN came up with their list of places that they think are good for retirement. They put a lot of emphasis on finding places with a low cost of living, crime rates that are below the national average, good medical groups, and where at least 30% of the population is older than 50 years old. Listed below is a little information about each of their top picks. 

Marquette, Michigan on Michigan's Upper Peninsula was number #1 on the CNN list. Marquette has a cost of living that is 95% of the national average. It is near Lake Superior, which can be fun in the summer. However, you should know that the town gets an average of 141 inches of snow a year.

Cape Coral, Florida has low home prices and a cost of living that is 96% of the national average. The town has 400 miles of canals, and is located on the Gulf of Mexico. This is an ideal location for people who enjoy water sports, although you need to be prepared for an occasional hurricane, too.

Boise, Idaho is a small city with a very low crime rate. Violent crime is about half the national average. The cost of living is about 97% of the national average. The town is surrounded by mountains, but the climate is considered mild.

Danville, Kentucky is a small town with affordable homes and a cost of living that is 93% of the national average. It's about a forty minute drive from Lexington, and about a 90 minute drive from Louisville. The town has a number of locations that are listed on the National Register of Historic Places. It gets a little snow in the winter, and you should expect thunderstorms and an occasional tornado alert in the summer.

Weatherford, Texas has a cost of living that is 87% of the national average. It is a small town about 33 miles from Fort Worth. People who enjoy horses will especially enjoy this community. It gets very hot and dry in the summer, and you can also expect thunderstorms and tornado alerts.

Southaven, Mississippi is a small suburb of Memphis, Tennessee, but located on the Mississippi side. The cost of living is only 88% of the national average. One of the advantages is that you are located close to all the big city amenities that Memphis has to offer.

Clarksville, Tennessee is a small city near the Kentucky-Tennessee border. It has a cost of living that is about 88% of the national average. It can be chilly in the winter and hot in the summer, with occasional storms.

Broken Arrow, Oklahoma is a suburb of Tulsa. It has a cost of living that is about 88% of the national average. Like Tennessee, it can be chilly in the winter and hot in the summer, with occasional storms and tornadoes.

Lake Charles, Louisiana is about 30 miles north of the Gulf of Mexico, which makes it vulnerable to hurricanes and floods. However, it is a lovely location for people who enjoy freshwater fishing and similar water sports. It has a cost of living of about 91% of the national average.

Winstom-Salem, North Carolina is a charming community with a cost of living that is about 91% of the national average. It has a symphony, art district, and is home to the University of North Caroline School of the Arts.

As you can see, there are plenty of great retirement areas for you to investigate no matter what region of the country you want to live.

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Photo credit: Morguefile.com

1 comment:

  1. This is a generous selection of nice communities. Laguna Woods is a beautiful place to live. I have two friends that chose it for some of the same reasons you did.

    ReplyDelete

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