Why Seniors Should Consider Relocating for Retirement

It’s common for seniors to want to stay in their homes as they age. But what if your home isn’t working out for you, or you need a change of pace?

There are plenty of places seniors can retire in the U.S. – and these cities can offer more affordable options. With senior-friendly recreation, lower costs of living, and warmer weather, choosing to relocate when you retire is a smart choice.

What Makes a City Good for Retirees?

Certain aspects make some cities better than others for senior residents. And if your current hometown isn’t meeting your needs, you can relocate.

When you’re looking for a new location to enjoy your retirement to the fullest, make sure to look for the following qualities:

  • Warm climate
  • Affordable cost of living
  • Available services, like emergency medical services, hospitals, and doctors’ offices
  • Recreation, like museums, parks, and senior centers
  • Tax breaks, which are available in some cities for retirees

Lesser-Known Locations Hold a Lot of Promise

Here’s another important factor seniors should look for: lesser-known, or less popular, cities for retirees.

While you’re likely very familiar with popular retirement cities in Florida and Arizona, these two states aren’t the only places you should consider relocating. In fact, it’s a smart idea to avoid popular retirement cities and states – the more seniors are drawn to a location, the more expensive it can be.

Instead, look to relocate somewhere less popular that check all of the boxes mentioned above. There are plenty of up and coming cities you can consider that make perfect places to enjoy your golden years.

Cities with temperate climates, quiet retreats, and plenty of activities and interests for seniors can be found across the country. And, as The Discoverer¹ reports, cities like Nashville, Tennessee; San Antonio, Texas; Asheville, North Carolina; and Portsmouth, New Hampshire are all quickly becoming popular choices for seniors looking for the perfect retirement location.

Consider Relocating Now to Save Money

Now is the perfect time for seniors to consider relocating. Whether you’re just now approaching retirement or have been retired for a few years now, you should start researching different cities you’d like to relocate to.

By 2050, the number of adults age 65 and older is expected to grow. In fact, HUD² estimates that the senior population will double by then. And this means there will be a huge increase in the number of retirees who are looking for new homes in new cities.

That’s why you need to act now. If you consider relocation before demand increases, you can find the perfect home in a lesser-known retirement location. And that could save you significantly.

Do your research now to see which cities are excellent options for retirees in search of senior living. Then, make sure to look for deals, low prices, and any affordable choices. You could save ahead of the rest of the senior population if you take the steps to relocate today.

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Featured Tip

Worried about retirement? You aren’t alone. Motley Fool reports 24% of Americans don’t have any retirement savings at all, and nearly 40% are worried about living comfortably as seniors.