Best Places to Retire
If you’re close to retirement, one thing you’re likely thinking about is where you’ll live. During your working years, you might not think too much about your location, but during retirement, it’s much more important. You want to enjoy your golden years, and where you live can have a big impact on your quality of life.
Money magazine came out with a list of some of the best places to retire right now. They analyzed the top places for retirement based on factors such as affordability, environment, and culture. Here are some of the best place to retire according to Money magazine.
- 50-plus population: 34%
- Median home price: $188,000
- Average Property tax: $1,655
Retirement can be expensive, so it’s important to make sure your nest egg will hold up over time. Coweta, Oklahoma is the best place to live if you’re looking to reduce spending, according to Money. Coweta, which is located southeast of Tulsa, Oklahoma, has one of the lowest costs of living in the United States.
North Hempstead, New York
- 50-plus population: 42%
- Median home price: $692,500
- Museums within a 30-mile radius: 679
North Hempstead is a great place for cultural experiences, says Money. You’ll find plenty of museums and cultural events in this New York suburb. Some of the cultural offerings include the Polish American Museum in Port Washington and the Nassau County Museum of Art. If you want to venture into the city, all you need to do is take a short train or bus ride.
- 50-plus population: 46%
- Median home price: $442,000
- City parks and recreation facilities: 41
If you’re looking for great weather and plenty of places for outdoor activities, consider Scottsdale, Arizona. Money notes the city’s dry heat, mild winters, and beautiful scenery. The suburb of Scottsdale features a lively downtown area, spas, and golf courses. There are also breathtaking nature spots. There are several trails in Scottsdale’s parks in addition to dedicated bike trails. Furthermore, the city is close to Desert Botanical Garden, which houses 50,000 desert plants.
- 50-plus population: 40%
- Median home price: $310,000
- Golf courses within 30 miles: 220
If you imagine spending some of your time away from the work force golfing, Wellington, Florida is for you. There are many places for golf lovers to perfect their game in this sunny Florida city. Money notes Wellington’s proximity to Palm Beach County’s golf courses and country clubs. There are roughly 220 golf courses nearby, including Wellington National Golf Club, which was designed by golf Hall of Famer Johnny Miller.
Bloomfield, New Jersey
- 50-plus population: 52%
- Median home price: $360, 050
- Major sports teams within 30 miles: 14
Are you a big sports fan? If you plan to go to games during your retirement, one of the best places to retire, according to Money, is Bloomfield, New Jersey. Bloomfield has several parks and it’s close to New York City. That means you have plenty of places to not only engage in sports activities but also see professional sports teams play. The list mentions Bloomfield’s proximity to MetLife Stadium and Madison Square Garden.
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