With Baby Boomers now hitting their stride into retirement age at record numbers (10,000 per day), many consider where to retire as a key consideration.
An AARP study concludes that most people want to remain in their own home for the rest of their lives, or at least as long as possible. That leaves a few people to consider moving to someplace a little warmer and sunnier. So we did a little digging and found 6 Lists from different sources that discuss the Best Places to Retire.
Here are a few things to consider when thinking about where to retire:
- Can you financially afford to sustain your ideal lifestyle for many years to come?
- Will you need a car where you live?
- Is there good public transportation in the area?
- How close will you be to family and friends?
- Does the area offer good amenities such as shopping and restaurants?
- Are there plenty of options for recreation and exercise?
While these are just a sampling of things to consider, make a list of what’s important to ensure that the area where you choose to retire will meet your important needs.
There’s no shortage of retirement ideas on the internet and we’ve found a few that looked interesting.
Yahoo Finance recently ran a story, “The Best Place to Retire Overseas on a Budget,” that discusses the attributes of Ecuador.
U.S. News Money had an article called, “The 18 Best Places to Retire Overseas,” with a short summary about why each place made the list.
The Huffington Post weighs in with, “Best Places To Retire: 10 Most Relaxing U.S. Cities To Enjoy Your Golden Years,” that has a photo slideshow with descriptions.
CNN Money offers a list of the “25 Best Places to Retire” with a focus on reasonably priced homes, low crime and tax rates, and quality health care.
AARP writes about “10 Great Sunny Places to Retire” from their Best Places to Retire in 2012 list.
We also found a Pinterest Board called, “Best Places to Retire” that has plenty of photos and links to resources. If you don’t know about Pinterest, it’s one of the hottest things on the web today and is certainly worth a look.
You may not be planning to retire just yet, but it is highly recommended to begin planning in advance to be sure you can afford it and find the best deals before they get too expensive. Eventually, others find the hidden gems and the prices always go up in due time.