Early Retirement & Financial Independence Community - View Single Post - Best Places To Live in Retirement? Our View

brewer12345 · 11-02-2004, 10:03 AM

Current digs:

Monmouth County, NJ

Length of stay: 2 years (but Mom & Dad have had a place in the next county south for 30+ years)

Cost of Housing: Moderately expensive. Our 3 BR 2 Bath colonial in a pleasant (but not particularly upscale) suburban 'hood would probably fetch about $400k. Condos are $200k and up. The real killer is RE taxes, though. Our annual bill is about $6k and is low compared to many other parts of NJ. And it has gone up 8% a year since we bought the place.

Weather: Pretty nice. Can't beat summers on the shore, and Fall and late spring are lovely. January and February are gray and cold, though.

Cost of living: middling high. Groceries are noticeably more expensive than other places I have lived.

Healthcare: Pretty darned good. If Robert Wood Johnson won't be good enough for you, NYU Medical Center and Columbia Presbyterian are an hour away.

Overall: Its a nice place to live, but the RE tax burden will probably drive me away when it comes time for FIRE.

11-02-2004, 10:03 AM	#7
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,990	Current digs: Monmouth County, NJ Length of stay: 2 years (but Mom & Dad have had a place in the next county south for 30+ years) Cost of Housing: Moderately expensive. Our 3 BR 2 Bath colonial in a pleasant (but not particularly upscale) suburban 'hood would probably fetch about $400k. Condos are $200k and up. The real killer is RE taxes, though. Our annual bill is about $6k and is low compared to many other parts of NJ. And it has gone up 8% a year since we bought the place. Weather: Pretty nice. Can't beat summers on the shore, and Fall and late spring are lovely. January and February are gray and cold, though. Cost of living: middling high. Groceries are noticeably more expensive than other places I have lived. Healthcare: Pretty darned good. If Robert Wood Johnson won't be good enough for you, NYU Medical Center and Columbia Presbyterian are an hour away. Overall: Its a nice place to live, but the RE tax burden will probably drive me away when it comes time for FIRE. __________________ "And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible