Starting to think about where your post-career phase of life might take you? Well if golf courses and beach communities are not what come to mind when you think about retirement, don’t worry, you’re not alone.
With about 4 million baby boomers retiring each year, it’s no surprise that the location options are expanding. While warm weather states such as Florida, Arizona, Texas and Georgia are still top choices, more and more of today’s retirees are opting for hardier climates - with states like Colorado, Pennsylvania and Maine making Forbes 2017 list of best places to retire.
Also growing in popularity are urban locations, with many choosing to stay in place or downsize to urban centers. Cities offer high walkability scores, boundless options for entertainment and culture, and quick access to transportation and quality healthcare.
If city life is your option for retirement, do your research and talk to local real estate professionals to rate any city you’re considering on the following factors suggested by the Milken Institute:
- Aging-friendly housing options
- Access and safety of public transportation
- Community engagement
- Cultural offerings
Of course, pedestrian-friendly streets and a strong local economy are important as well. Remember, city life can be within your reach, no matter what your age.