The changing political landscape and new financial considerations have many boomers rethinking their retirement plans. Andy Saintilus, acquisition manager at a home-buying company, highlights Austin, Texas as an excellent choice for retirees. “Austin consistently ranks as one of the top cities for retirees, and it’s easy to see why.
The city offers a low cost of living and access to world-class amenities,” he says. Saintilus also recommends Scottsdale, Arizona. Known for its warm weather, Scottsdale is attractive to snowbirds.
“Scottsdale is synonymous with luxury. The city boasts renowned golf courses and an array of spa resorts,” Saintilus explains. For those who appreciate Southern charm, Charleston, South Carolina is a strong contender.
Saintilus praises Charleston for its slower pace of life, rich history, and modern conveniences. “With mild weather, beautiful beaches, and a blend of culture and comfort, Charleston offers retirees a well-rounded experience.”
Grzegorz Kowalski, CEO and founder of a financial company, suggests Pensacola, Florida for its affordability.
Boomers’ retirement city hotspots
“Pensacola offers affordable living with low housing costs compared to other Florida beach destinations,” he notes. Its quiet atmosphere, great internet for remote work, and budget-friendly dining and activities make it ideal for both digital nomads and retirees. Kowalski also points to Galveston, Texas for its affordable housing and low cost of living.
“Galveston provides a peaceful atmosphere, great beaches, and a slower pace of life,” he says. Another South Carolina city on Kowalski’s list is Myrtle Beach, known for its low cost of living. “Myrtle Beach offers low housing costs and plenty of budget-friendly restaurants and activities,” he adds.
For those considering international retirement, Lisbon, Portugal, is a city to watch. Kowalski explains, “Lisbon combines historic charm with modern conveniences, making it a favorite for retirees and digital nomads alike. The mild climate, vibrant culture, and excellent healthcare make it ideal.
Plus, the city’s friendly expat network and tax benefits are significant bonuses.”
These cities offer various benefits that can make your retirement years enjoyable and financially manageable. Whether you prefer a bustling city or a quiet beach town, there are excellent options to consider.