Baby Boomers Early Retirement Locales Boston Condo…


Baby Boomers Early Retirement Locales

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Baby Boomers Early Retirement Locales

A potential retirement spot’s cost of living is often an important consideration for retirees living on a fixed income. While the cost of housing is factored into the overall Best Places to Retire ranking, U.S. News breaks out especially affordable places to retire into its own ranking, including housing affordability and price parity, the ability to afford everyday goods and services.

The 10 Best Affordable Places to Retire in the U.S. in 2024:

  1. Youngstown, Ohio.
  2. Hickory, North Carolina.
  3. Springfield, Missouri.
  4. Brownsville, Texas.
  5. Huntington, West Virginia & Ashland, Kentucky-Ohio.
  6. Fort Wayne, Indiana.
  7. Winston-Salem, North Carolina.
  8. Mobile, Alabama.
  9. Toledo, Ohio.
  10. South Bend, Indiana.

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Where is Ford Realty Located?

Ford Realty is located in 137 Charles Street in Beacon Hill

Byline – John Ford – Boston Seaport Condo Broker.

Boston condos

Baby Boomers Early Retirement Locales

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While many baby boomers have now entered retirement, many more remain in the downtown Boston workforce with retirement upcoming. As this generation transitions into retired life, many may choose to move to a city more suitable for their new cash flows and routines. Some places may offer better tax advantages, lower cost of living, proximity to family, comfortable weather and other amenities for retirees. Ultimately, the migration of boomers – and their economic power – will impact the local economies they move to and from.

With this in mind, SmartAsset examined Census Bureau data for 268 of the largest U.S. cities to see where people between the ages of 55 and 74 are moving. Cities are ranked by the rate at which baby boomers moved in in 2022.

Click here to review the results

This week’s articles on where to move:

https://finance.yahoo.com/news/where-baby-boomers-moving-2023-122500526.html

https://realestate.usnews.com/real-estate/best-places-to-retire/articles/the-best-places-to-retire