Best Retirement Towns and States
March 29, 2016 — Due to popular requests we periodically update our extensive series of “Dueling Retirement States”. The latest to be updated is the comparison of retirement in Virginia, Maryland, New Jersey, and Delaware.
The previous version of this comparison was from 2010. Since then most trends and facts stayed relatively the same. But here are some salient points from the update:
– Delaware and Virginia tend to be more popular for retirement than NJ or MD (between them they have 5 towns on our Top 100 List)
– Comparing taxes between these states illustrates the perils of a simplistic approach. NJ, MD, and DE are among the top half of high tax burden states. But if you focus on taxation just for retirees, Delaware and MD become more attractive. The type of tax is what should be focused on, and how it affects you.
– Real estate prices are still recovering from the highs they hit prior to 2008
See all comparisons in the series
State Retirement Guides
Gulf Coast Retirement: Sun, Tax-friendly, and a Lower Coast of Living
Retirement 101 Mid-Atlantic States: MD, DE, VA, NJ
Florida Retirement 101
Dueling Carolinas: NC vs. SC
Dueling States: Arizona vs. Florida
California Retirement 101
Retirement in the Southwest: AZ, NM, and Utah
The Mountain States: CO, ID, MT, NV, UT, WY
The Pacific Northwest: Oregon vs. Washington
Posted by Admin on March 29th, 2016
Best Retirement Towns and States
March 26, 2016 — If you asked most people to name the fastest growing Metro in the U.S., we think many would not be able to come up with the right one. The answer is a most surprising one – The Villages, the sprawling community of 119,000 in Central Florida known for its souped up golf carts and endlessly active baby boomers. The population in The Villages increased 4.3 percent between 2014 and 2015.
Golf cart crazy
TV was joined in the top 20 by five others in the Sunshine State: Cape Coral-Fort Myers, Punta Gorda, North Port-Sarasota-Bradenton, Orlando-Kissimmee-Sanford and Naples-Immokalee-Marco Island. Texas was also red hot according to the U.S. Census Bureau. The Houston-The Woodlands-Sugar Land and Dallas-Fort Worth-Arlington metro areas added about 159,000 and 145,000 residents, respectively — the largest gains of any metro areas in the nation. Two additional Texas metro areas adjacent to each other — Austin-Round Rock and San Antonio-New Braunfels — were each also among the 16 nationwide to gain 50,000 or more people over the period.
These four Texas metro areas collectively added about 412,000 people. Texas as a whole gained about 490,000.
For further reading:
Why Len and Ann Think the Villages is the Perfect Place to Retire
Does The Villages Have Any Large Competitors – You Bet!
Posted by Admin on March 25th, 2016
Singles and Retirement
March 23, 2016 — Although the quest for a suitable partner or companion is an age old quest, there are some new twists – the tools for finding that person. A study from the Pew Research Center found that the share of 55- to 64-year-olds who use online dating has doubled in just the past few years, from 6% in 2013 to 12% in 2015). And interestingly enough, it is us baby boomers, along with the youngest adults, who are leading the charge into online dating on sites like Match.com. About 15% of the total U.S. population reports having used used online dating. The youngest adults are more likely to have used mobile apps for dating or meeting people. Some dating sites have achieved a certain level of notoriety, such as Tinder and Ashley Madison.
As we boomers age there is more need for a dating solution. Gray divorce is increasing, spouses unfortunately die, and many people never got married in the first place. Now as online dating becomes more acceptable and familiar, many are turning to it. About 41% of all American adults say (more…)
Posted by Admin on March 22nd, 2016
March 20, 2016 — Ah the mountains. Snow-capped peaks; endless trails for biking, skiing, and hiking; and streams filled with cutthroat trout. For a small (only about 8% of our members in a recent survey) but very active group of boomers this is the dream, a far different retirement than one on a sunny beach or tranquil small town. One thing is certain, the mountains attract a very active and generally quite fit group of retirees. In this article we will discuss our experiences with a mountain retirement in 2 areas of 2 states – Colorado (Eagle /Vail), and Utah (Park City/Salt Lake City). Both areas have their attractions for retirees, as well a few drawbacks. We are sure there are plenty of other good retirement areas in the mountains elsewhere, and hope that our Members will help fill in more details about those places.
Colorado – A Rocky Mountain High
Recently Topretirements visited friends in the Eagle/Vail area of Colorado, which is located a few hours drive west of Denver. We were very impressed with this (more…)
Posted by Admin on March 19th, 2016
March 16, 2016 — We don’t know what your biggest regrets in life are, but one of the top ones for many boomers is that they didn’t travel enough. A British Airways survey of 2,000 U.S. baby boomers (aged 55 and over) shows that a fifth (20 percent) of baby boomers said not traveling enough is one of their biggest regrets when thinking back over their life so far. Women are slightly more likely to regret not traveling than men.
All work and no play: More than a fifth (22 percent) of baby boomers said a reason they haven’t traveled overseas more over the years is due to work commitments. And in thinking back over their life so far, 17 percent of male baby boomers said working too much is one of their biggest regrets, (more…)
Posted by Admin on March 15th, 2016
Retirement Real Estate
March 14, 2016 — Every year about this time a significant segment of the snowbird population, the portion that rents instead of owns their own place, share a common worry. The concern boils down to this simple question – where on earth are we going to stay next winter? In this article we will attempt to explain the many issues that come into play when boomers go about seeking a snowbird rental, and how those factors often drive them to start thinking about owning a place vs. continuing to rent.
The rental worries
Here are some of the major problems that repeat snowbird renters can face – assuming they were lucky enough to find a rental (more…)
Posted by Admin on March 13th, 2016