Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Forget about the best place to retire
Old 05-05-2017, 06:05 PM   #1
Recycles dryer sheets
Focus's Avatar
 
Join Date: Oct 2009
Posts: 469
Forget about the best place to retire

This article makes it obvious how silly all those "best places to retire" lists are. I think of them as retirement porn and mere fantasy.

The New York Times: The ‘Best’ Places to Move in Retirement? They’re All Over the Map

Only 6/10 of 1% of those over 55 moved across a state line.

Quote:
And those who do move generally are not following the more creative, and sometimes chilly, recommendations found in many surveys. The top five destinations between 2010 and 2015 were all in the Sunbelt: Arizona, California, Florida and Nevada, followed by Texas, North Carolina and Georgia.
__________________

__________________
-
"Wealth consists not in having great possessions, but in having few wants."
--Epictetus
Focus is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-05-2017, 06:54 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Mar 2017
Location: New York City
Posts: 2,838
Everybody is moving out of NYC , it sure isnt on any lists. 45,000 people here make 1 million a YEAR or more. Study showed only half of them really lived here full time.
__________________

__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
Blue Collar Guy is offline   Reply With Quote
Old 05-06-2017, 12:57 AM   #3
Recycles dryer sheets
evilanne's Avatar
 
Join Date: Feb 2017
Location: San Antonio
Posts: 170
Why does everyone want to move south? We have way too many people here already! It is hot & humid
__________________
evilanne is offline   Reply With Quote
Old 05-06-2017, 04:27 AM   #4
Full time employment: Posting here.
 
Join Date: Dec 2010
Location: Midwest
Posts: 871
IMHO, part of the problem with such lists is the variety of "wants" in the people interested in moving to have a "better" retirement. Does better mean less expensive? If so, find areas with low costs of living or home prices. Does better mean nicer weather? If so, leave the North and upper Midwest for FL, AZ, CA, HI. Does better mean more outside activity? If so, perhaps Denver, CA, FL or whichever area fits your activity better. How about lower crime? More family friendly? No state income taxes? More jobs available for seniors. More culture. To quote from the King and I, "Etc, etc, etc.
__________________
brucethebroker is offline   Reply With Quote
Old 05-06-2017, 06:03 AM   #5
Thinks s/he gets paid by the post
 
Join Date: Mar 2011
Posts: 3,659
IMO there is no 'best' place to retire. There's more serious variables in making that decision than whether to take SS at 62!
As always on this forum "It depends"
__________________
Living well is the best revenge!
Retired @ 52 in 2005
marko is offline   Reply With Quote
Old 05-06-2017, 06:39 AM   #6
Thinks s/he gets paid by the post
 
Join Date: Jun 2016
Posts: 1,121
Interesting. I always wondered how many people actually choose to move to these places, particularly the smaller towns in cold climates. Sounds like not too many. We live in So CA. A lot of our friends talked about moving out of CA when they retire due to high COL, taxes, & the politics, but none of our friends have done it. The weather and relationships seem to trump COL.
__________________
Scuba is offline   Reply With Quote
Old 05-06-2017, 07:57 AM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
braumeister's Avatar
 
Join Date: Feb 2010
Location: Northern Kentucky
Posts: 8,476
Pick any random city, small or large, and it will have residents who moved there to retire. They all had their reasons, and those reasons will be as random as the cities you picked.

There will be others who moved away from there when they retired, and they had their reasons too!
__________________
Pas de lieu Rhône que nous.
braumeister is offline   Reply With Quote
Old 05-06-2017, 08:07 AM   #8
Thinks s/he gets paid by the post
 
Join Date: Dec 2014
Location: Florence, AL/Helen, GA
Posts: 2,039
In many cases, people live societies are sub-par, house prices are too high, state income taxes and property taxes are out of sight and state and local politics are ridiculous.

But still, home is home--no how lousy a place it is.

I still feel getting out of one's comfort zone is very good for the retiree. And that includes moving to where the total retirement experience includes improved standard of living--for far less cost of living.
__________________
Bamaman is online now   Reply With Quote
Old 05-06-2017, 08:17 AM   #9
Thinks s/he gets paid by the post
Nemo2's Avatar
 
Join Date: May 2011
Location: Belleville, ONT
Posts: 4,219
Quote:
Originally Posted by Bamaman View Post
But still, home is home--no how lousy a place it is.
"Home is where you hang your head." - Groucho Marx
__________________
"Exit, pursued by a bear."

The Winter's Tale, William Shakespeare
Nemo2 is offline   Reply With Quote
Old 05-06-2017, 08:22 AM   #10
Recycles dryer sheets
 
Join Date: Aug 2016
Posts: 261
I suspect there might be more moving around in the future due to healthcare coverage and costs (before age 65). We certainly would consider it and we already live in one of those warm weather locales.
__________________
Carpediem is offline   Reply With Quote
Old 05-06-2017, 08:23 AM   #11
Administrator
Gumby's Avatar
 
Join Date: Apr 2006
Posts: 10,093
I like where I live now and don't plan to move somewhere else.
__________________
Living an analog life in the Digital Age.
Gumby is online now   Reply With Quote
Old 05-06-2017, 08:36 AM   #12
Thinks s/he gets paid by the post
Koolau's Avatar
 
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 3,234
Quote:
Originally Posted by Focus View Post

<SNIP>

Only 6/10 of 1% of those over 55 moved across a state line.
I thought this sounded a little "off." The rest of the sentence is "in 2015." IOW in any given year, only about .6% of those age 55 move across a state line to relocate in retirement. A more "useful" statistic might be how many folks move across state lines in retirement. I've heard 10% or more but can't recall where I got that nor if it is correct. Another issue about the .6% statistic (at age 55): Considering that over half of w*rking folks are still w*rking at 55, that statistic makes some sense. I'd bet that goes up as folks get to more "traditional" retirement ages (60 to 65?).

The whole "best places" concept is interesting and fun, but one must drill down in the details to see how any given source comes up with the "place". Back in the day (maybe 20 or even 25 years ago) one of the "biggies" (maybe MONEY mag?) put out a book which had all the data they used, broken down by half a dozen or so categories. So things like crime stats, weather, housing costs, etc. etc., were carefully listed with a "ranking" for each of the "places" rated. Thus a person could design his/her own protocol to see if a given place would meet their needs. I found it interesting and useful. Don't know if such statistics are currently "gathered" so neatly in a book or web site. No need for it anymore now that we've made our decision. YMMV
__________________
Ko'olau's Law -

Anything which can be used can be misused. Anything which can be misused will be.
Koolau is offline   Reply With Quote
Old 05-06-2017, 08:56 AM   #13
Thinks s/he gets paid by the post
ivinsfan's Avatar
 
Join Date: Feb 2007
Posts: 2,181
In the future this might be 2 completely different lists based on age. Retire post 65 on Medicare or retire at a much early age and need affordable health care..I can see HI becoming a huge factor if some of the control returns to each state.
__________________
ivinsfan is offline   Reply With Quote
Old 05-06-2017, 09:01 AM   #14
Thinks s/he gets paid by the post
Ready's Avatar
 
Join Date: Mar 2013
Location: Southern California
Posts: 1,796
I find that most of these articles focus on best places to retire on a budget, as opposed to the best places to retire if money were no object. There's nothing wrong with that, but I'd be curious to see an article on best places to retire regardless of what it cost, and see what they come up with.
__________________
Ready is offline   Reply With Quote
Old 05-06-2017, 09:28 AM   #15
Thinks s/he gets paid by the post
 
Join Date: Apr 2011
Posts: 1,493
It's often where the grandkids are.
__________________
gerntz is offline   Reply With Quote
Old 05-06-2017, 10:59 AM   #16
Thinks s/he gets paid by the post
 
Join Date: Apr 2010
Posts: 1,647
There are lots of good places to retire. Everyone has their own set of preferences and priorities. Many of the articles are carefully crafted and you may notice that some just happen to mention retirement homes/condos for sale.

We have been travelling extensively for four years. Always keeping an eye open for a six month vacation home/condo to buy. Spent several months driving in the US. Also spent winters in SE Asia and Central America. Have not found a place other than where we live/buy that we want to retire to.

We spent time with long time (25yrs in the hospitality business) expat residents in Boquete, Panama. They continue to be surprised at the high percentage of folks who move there to retire and subsequently sell up a year or two later in order to return home.
__________________
brett is offline   Reply With Quote
Old 05-06-2017, 12:06 PM   #17
Recycles dryer sheets
 
Join Date: Mar 2017
Posts: 135
Quote:
Originally Posted by evilanne View Post
Why does everyone want to move south? We have way too many people here already! It is hot & humid
I'm not far from the limits of my ability to manage summer heat in the DC area.
__________________
Out of Steam is offline   Reply With Quote
Old 05-06-2017, 12:31 PM   #18
Thinks s/he gets paid by the post
 
Join Date: Jun 2003
Location: Historic Florida
Posts: 1,568
Simple for us, some place with nice weather and affordable healthcare. Still looking.
__________________
"Arguing with an Engineer is like rolling in the mud with a pig. Just remember that the pig likes it."
ShokWaveRider is online now   Reply With Quote
Old 05-06-2017, 03:58 PM   #19
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
kcowan's Avatar
 
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 5,594
Send a message via Skype™ to kcowan
I fit in the not moved category, having lived in Vancouver since 1995. But since retiring, we have moved up our snowbird time from 3 weeks to 7 months. 2 weeks out of state to visit the GCs, 4 weeks in Europe, and 5.5 months in Mexico.

To paraphrase Groucho (thanks Nemo): We hang our sun hats in Mexico, and we hang our heads in Vancouver.
__________________
For the fun of it...Keith
kcowan is offline   Reply With Quote
Old 05-06-2017, 04:19 PM   #20
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,605
We don't have much keeping us here, and as many here know, before retirement we planned to leave the state. We wanted to go somewhere with no serious hurricane effects, lower crime, and lower COL. For the first time we would be completely free! No job, we could go anywhere we wanted to go. Wow. Anyway, after retirement we got as far as selecting a destination and putting our houses on the market.

Ultimately we decided to stay, for now. Warts and all, New Orleans is home (even for me, by now). We have hurricanes, and the crime here is even worse than hurricanes. But we know the area and feel comfortable here. We love the food and the people here most of all, plus the art, architecture, music, history, culture, language, attitudes, weather, and so much more. Which, of course, makes it that much harder when hurricanes or crime devastate or cripple the city but somehow New Orleans is still here.

Change is hard at any age, and I think that for us change has become more difficult the older we get.
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
New Place Vs Return To Wonderful Old Place yakers Travel Information 22 09-26-2008 07:00 PM
Best Place to Live....Vancouver Calgary_Girl Other topics 19 10-06-2005 03:44 PM
Best Place To Park Some Cash rsboone FIRE and Money 15 09-09-2004 10:55 AM
Best place to park cash for 1-?? months cute fuzzy bunny FIRE and Money 61 01-04-2004 07:20 AM

 

 
All times are GMT -6. The time now is 08:08 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.