Where you live in retirement may determine your budget. Real estate agents who are experts in housing know how to find areas that check all the boxes at an affordable price.
Even if retirement is still decades away, many people have at least thought about where they’ll make the most of their money in retirement. Here are the opinions of six real estate agents.
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Sardis Lake, Mississippi
“Lake Sardis near Oxford, Mississippi, is like a hidden retirement gem,” says Erin Hiebert, a real estate agent in Baton Rouge, Louisiana, and blogger at ReErin.com. “This area is so attractive because it combines nature with the vibrant energy of Oxford.”
She said there are many benefits to living in Sardis Lake.
“You get the best of both worlds, combining natural beauty with lakeside living,” she said. “It is ideal for those seeking a relaxed and relaxing retirement with a diverse range of experiences and access to quality healthcare nearby.”
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boise, idaho
“Boise offers a great combination of affordability and quality of life,” said Joshua Martin, a licensed real estate agent and owner of Milwaukee-based Atticus Home Buyers. Ta. “With a lower cost of living compared to many other popular retirement destinations, your retirement savings will grow further.”
But there’s more to retiring in Boise than just affordability, he said.
“Boise also has a thriving arts and culture scene, beautiful outdoor spaces and a strong sense of community,” he said. “We were able to spend the day exploring the Boise River Greenbelt, enjoying the vibrant downtown area, and taking advantage of the many recreational activities available nearby.”
From a health standpoint, this is a safe place for him.
“Boise’s health care system is also highly regarded, which is an important factor to consider in retirement,” he said. “As our population ages, access to quality health care services is critical.”
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Mississippi Gulf Coast
“I plan to retire on the Mississippi Gulf Coast, in Ocean Springs, Biloxi and Gulfport,” said Robbie Johnson, a real estate agent and licensed broker with Keller Williams Realty’s Texas Lifestyles Group. said.
Johnson made this choice for many reasons, including the area’s affordable housing, where the average price is about $250,000. In addition, employment opportunities are plentiful at local casinos, there are plenty of fishing spots in the Gulf of Mexico and local rivers, many golf courses, educational opportunities at local universities, and cultural events galore. and shows, and great weather year-round, she said.
prague
Julie Brittain, a real estate advisor and associate broker with Atlanta-based REAL Broker, LLC, wants to retire in Prague, in part because it’s much cheaper than retiring in the United States.
Many Pragues speak English because it is easier to assimilate, but they are also willing to learn Czech, the country’s official language, she said.
“The city is very walkable with cobblestone streets, has a vibrant culture and fascinating architecture,” she said. “Travels from Prague to Austria, Germany and Budapest are very easy.”
Another big advantage is that Czech residents and citizens have access to universal health insurance, she said.
“And Prague has four seasons,” she said. “Being from Atlanta, we should have all four seasons.”
brevard, north carolina
“Brevard, North Carolina, is a blend of affordability and high quality of life,” said Josh Steppling, a broker with the Josh Steppling Group of EXP Realty, based in Stuart, Florida. talk. “The town is located near the Pisgah National Forest and the Great Mountains, and is about an hour from Asheville.”
He said the housing market offers good value for money, especially when it comes to bonds. Plus, he said, the people are what really make this a special place.
“The community has a very inclusive and welcoming feel,” he said.
Somewhere international
Nicole Beauchamp, an associate broker at Sotheby’s International Realty in New York City, isn’t sure where she wants to retire yet, but she has lots of ideas.
This includes a warm climate, vibrant cultural scene, easy transportation, and an affordable cost of living.
“I’ll be looking at Mexico, Panama, Costa Rica, Belize, Paris, London and maybe Portugal or Italy,” she said. “I would like to consider whether it is comfortable for me to travel while I am healthy and, if necessary, I would also consider the ease of travel for others.”
She also wants to make sure her retirement city offers good health care options.
I hope these ideas give you something to think about for your golden years. Whether you expect to retire soon or in a few years, thinking about where you want to settle can help you develop more specific savings goals.
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This article originally appeared on GOBankingRates.com: 6 Real Estate Agents Reveal Where to Retire for the Most Benefit