After calling it quits on a long career, it’s now time to focus on yourself! You’ve got more freedom to do the things you’ve always wanted and are no longer held back by professional responsibilities. While you might want to relocate to a new city with lots of great attractions, you first have to consider whether it’s going to work with your new budget and retirement savings.
With that said, there are many places in the U.S. that have become popular retirement locations, but aren’t necessarily the lowest in terms of cost of living and accommodations. With added economic pressures of late and many Americans having little savings, it pays to find an affordable city to enjoy retirement living in relative luxury. Here are some of them that are not only affordable, but also surprisingly appealing.
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You might think of Florida as being out of your price range because it’s a highly sought after place for homebuyers and vacationers alike. And who can blame them with the sunshine, beaches, and world-class amusement parks?
However, according to Business Insider, Jacksonville is one of the best places for retirement because of taxes and personal care costs. More specifically, it says the state taxes for a median income family sit at 8.44-percent, while adult day services run about $16,900 annually. (Adult day care usually provides supervision for seniors along with activities, meals and basic health services).