Where to Retire

<p>What are your favorite websites/threads/etc for this topic? </p>

<p>I would like to know the % of people who leave their current city to retire - I’ve never thought of truly picking up and leaving to retire . </p>

<p>That said, I think there is a lot of good reliable knowledge on CC !! I’m sure you will get some suggestions. </p>

<p>Would probably help if you provide a little more info - what part of the country/world would you be willing to go to??? Do you want a neighborhood?? Condo?? Near water?? mountains?? 4 seasons??</p>

<p>I’m not budging. My family is here including a grandchild. My friends are here. My community is here. The weather is irrelevant. </p>

<p>We’ve lived in 4 different states on 2 different coasts in the past 20 years. We will probably go back to state #1, where my wife and all 3 of our kids were born when I retire. It’s also the state where I spent the plurality of my years on earth so far. The things we’ve considered:</p>

<p>Affordability - fortunately I think we will be able to afford to move back to the left coast.</p>

<p>Climate - we’re tired of snow, winters, and my wife has SAD, so we need sunshine.</p>

<p>Access to medical care - now and in the future</p>

<p>A place where our kids and potential future grand kids would enjoy coming to visit, and not just to see us but to do other enjoyable things.</p>

<p>Family and friends - we have more family and old friends back in the state we left 20 years ago.</p>

<p>I’m over 60 and both of us are still working, but unlikely it’ll be for over 5 years, at least full time. The winters aren’t pretty where we live, especially while driving down icy hilly roads and stepping on icy sidewalks and steps, and I’m paranoid it’s a question of when, and not if. FL in a smaller place with Sr. facilities looks like the obvious choice, but DW would rather live here around friends and do a snowbird act which would need us to maintain two residences, not to mention our house for the past decades is much too big. The other choice would be where the kids settle down and start raising kids, but sadly this seems eons away.</p>

<p>With my youngest ready to go off to college we will begin the search next year for a second place. I really don’t like the cold, snow and gray skies. Hubby wants a more tax friendly, lower cost of living place. We can work remotely, I’m not exactly sure if that will be ideal. I think my sisters would move to the area of the second home eventually as well. Watching my elderly mom deal with some issues makes me even more aware that I want to make sure we’re set in a place that makes sense. </p>

<p>Here’s a guide to the tax friendliness of states to retirees. If you click on the state, it gives more details about all sorts of taxes. Of course, things can vary greatly county by county and rates can and will change. I know my parents were so glad to go to a smaller tax burden when they retired. I will want to be near grandkids, if there are any, so I’m keeping an open mind for now. </p>

<p><a href=“State-by-State Guide to Taxes on Retirees | Kiplinger”>State-by-State Guide to Taxes on Retirees | Kiplinger;

<p>We made the decision long ago that we would not move permanently when we retired. We bought a second home in SC four years ago and spend a lot of time there in the winter months when the weather is so awful here, and also sporadically through the other seasons with a big family get-together there every summer. We have lived almost our entire adult lives where we are now, and three of our five daughters are here (and our grandchildren!), one is a four hour drive away and the other is in the UK. We have longtime friends and colleagues here, we’re involved in our community and couldn’t imagine leaving any of that. So, with the option to divide our time, it works perfectly for us.</p>

<p>Found the old thread: <a href=“Retirement plans and ideas for us over fifty folk. - Parent Cafe - College Confidential Forums”>http://talk.collegeconfidential.com/parent-cafe/1384093-retirement-plans-and-ideas-for-us-over-fifty-folk-p1.html&lt;/a&gt;&lt;/p&gt;

<p>One good source is city-data.com. There’s tons of advice on relocation. I’ve been trying to move to a warm weather climate for 10 years; narrowed down to San Diego for two years. DH is not convinced we can afford it and something happens every year to delay his decision process.</p>

<p>San DIego is a stunningly lovely place. I never really thought of it as a retirement spot because of the cost of living. </p>

<p>I think we will stay close to where we are but with a smaller home. I would like to do as my inlaws do and that is rent a condo for two or three months. I don’t want to own another house as there is too much upkeep and worry. Plus I would rather explore various areas than be stuck in one location.</p>

<p>H never wants to leave our island and house and wouldn’t want to relocate. That said, if our kids showed serious signs of settling for good in ONE state and it was the same state for both of them, we might want to buy or rent a place to be near them. Right now, we live in HI & S lives in VA and D lives in Los Angeles. Fortunately, they love visiting and we love visiting them.</p>

<p>Medical care here in HI isn’t great, but it’s OK. We have our docs and all my sibs and parents live here. Several of the nieces have returned to Oahu to live after they’ve finished their schooling and our kid hope to return as well.</p>

<p>Our state doesn’t tax pensions at all, so that is a huge tax break for us, since H does receive a nice pension, Our home is fine for aging in place, and was proclaimed as such by one of D’s friends who just graduated as an occupational therapist. :slight_smile: It’s all one level, but at some point we might need to widen some of the doorways if either of us ever needs a wheelchair.</p>

<p>I feel the same way as Onward. I don’t want two homes (too much work) and I like a four-season climate without severe winters (which my current state of residence has). I am close to transportation, excellent specialty medical care, culture, shopping, and entertainment of every kind. I want to spend my money traveling rather than paying taxes and maintenance on two homes. I am very happy to rent someone else’s beach place for a month in the dead of winter. The only thing that would drive me out of New Jersey is high taxes.</p>

<p>Would probably think about retirement about 10 years from now. Got to start to add saving to the retirement account now all the college bills have been paid.</p>

<p>I always say I will retire where my kid settles. Most likely we will stay in NJ.</p>

<p>Gosh, so much to think about. Many of our peers are selling their homes and moving closer to the city. I am a firm believer that physical activity is vital to my quality of life. I fear that the icy winters where we live will force us to be shut-ins. Ideally I hope we can find a location that would enable us to get out every day and walk. In addition, I would like to have a small apartment or something near my children depending on where they eventually settle. </p>

<p>I think we have just taken step one.</p>

<p>Over the past several years, all of our children relocated to the east coast, two in DC. DH had the offer of a career-capping dream job fall into his lap a few months ago. We just sold our house in Ohio, and are soon to close on a smaller condo here in DC, in a great neighborhood with lots to walk to and near the Metro. We can see staying in the condo for the long haul–it’s all on one level. We are doing some renovations – including updating the two baths–and we are doing them in such a way that they will be handicap accessible if we should ever need that.</p>

<p>My kids are like gnats. They move around a lot. IF we relocate it will be near a major airport, major health care center, and near recreational and cultural things we like. I very strongly suspect our kids will move multiple times before I die. I’m NOT doing that. But if I live near enough to a major airport, they can visit me, and I can visit them.</p>

<p>I love my neighborhood and would stay put if the taxes don’t get me. If they do, ideally I’d just move to an apartment near the train station. Easy access to Manhattan and my local friends for everything else.</p>

<p>Our house is paid in full, and we are currently redoing rooms and redecorating. We plan to live here forever - mainly because we both really hate moving (the kids will need one of those industrial bins for all the c**p we will leave in our basement). We have room enough but not too much room, and we have a nice yard to putter in. We have a small cottage on a beautiful lake 3-1/2 hours away. We plan to work until we are 65, spend time at the cottage in the summer, travel a bit … ah, it just sounds so nice!</p>