A drive along the scenic Blue Ridge Parkway or a visit to Great Smoky Mountains National Park or the Pisgah and Nantahala National Forests is sure to restore your sense of wonder. Let us know in the Cmments section below. If you haven't done these things by age 50, it could be too late to do them well. The town is known for elaborate holiday celebrations, and it . Regardless of which stage you're at in your retirement planning, it's important to save as much as you can in a tax-advantaged account like a workplace 401(k) plan or an IRA, which you can open at several banks. Heres whats on the market now in Elk County. The city offers ample outdoor recreation opportunities as well as metropolitan amenities. Spirit Lake, IA. You could also look at Houlton (5,700 people), also in Aroostook County but further south. A $30 annual membership gets you access to interest groups, trips, social gatherings and program classes, including local and international history, music, computers and yoga. You know your budget best. Steamboat Springs, Colo. Knoxville, Tennessee is the third-largest city in the state and is located only an hour away from the Great Smoky Mountains National Park. Mountain town retirement Few aspiring retirees have enough saved to buy a retirement home in Aspen, Colorado, or Jackson, Wyoming. Contact Us | A drive along the scenic Blue Ridge Parkway or a visit to Great Smoky Mountains National Park or the Pisgah and Nantahala National Forests is sure to restore your sense of wonder. Henry Chauncey, a Yale administrator who retired in 2002, initially left New Haven for a remote Vermont town where he liked to vacation while working. Lawrenceburg. Baxter State Park and Mount Katahdin are in neighboring Penobscot County. Currently you have JavaScript disabled. Located 100 miles fromDenverand resting at 10,150 feet, the nations highest-altitude incorporated city is home to 50 historic structures, eight museums and plenty of outdoor adventure options. But Anchorage is the least expensive metro area in the state, according to the Council for Community and Economic Research. Literally. The Sunshine State is home to many charming small towns, and Cedar Key is one of the smallest and most charming. Elevation-wise, it's also one of the highest towns east of the Mississippi River, so there's nowhere to go but up in this charming small town. Tahoe, California. It gets its name from the naturally heated springs in the area, which you can find in Hot Springs National Park, and also Bathhouse Row, which is home to bathhouses that date back centuries. Small towns with lesser-known mountains (some might call them really big hills) may have to substitute. Mammoth Lakes, CA - Average Home Cost: $438,686. Retirement Tips. When it's time to pack up your things and start a new adventure, try one of the South's mountain towns on for size. These are the cities with the most affordable housing that also scored highly on the U.S. News Best Places to Retire in 2022-2023 ranking. By Dan Burrows The city is also home to several popular skiing resorts and ample parks and greenspaces. I may revoke my consent at any time by contacting [emailprotected] Message/data rates may apply. Niche reports some of the most economical real estate for retirees in the area, with the median home value at $175,400 way under the $244,900 national average. The geography means you have to be comfortable hiking, mountain biking, skiing and backcountry exploring your way through retirement. Taking classes keeps your mind sharp, helps you network and may even be free. Great Places to Retire Early Near the Beach. Ogden is not as well known asPark City, UT, but offers some advantages and similarities to that resort town for a lot less money. But local average incomes are still high, averaging $71,605 for residents across all ages. Upside of the relative crowds of the capital city: no lack of activities. Brigham Young University offers intellectual stimulation to complement the physical activity. Consider your health care plans, income sources and tax bracket before making the transition. Leaf peeping in the fall may be enough to draw you to the Berkshires, a range of the Appalachian Mountains. As a trail walker, you might enjoy the 25.5-mile crushed-stone rail trail from Escanaba to Hermansville. Sitting above the Snake River Canyon, this town is known as the hub of the eight-county Magic Valley region. Published 23 January 23. Palm Springs has many natural attractions as well as dining and shopping for homeowners to take advantage of. Up in northern Arizona and not too far from the Grand Canyon, Flagstaff almost became Americas movie capital. Foodies will enjoy retiring in Palm Desert with 150+ restaurants offerings cuisine of all types. Privacy | These high-altitude spots offer residents an active lifestyle and stunning scenery without breaking the bank. Robbie Caponetto. By signing up, I agree to 55places.com privacy policy and terms of use. A part-time career could mean a stressful future if you don't use some of these tips to prepare for retirement. And Alabama at-large offers many of Florida's popular retirement attractionswarm weather, nice beaches and plenty of golfall at a typically lower price. Active adults hoping to find a unique city for their retirement should consider everything Salt Lake City has to offer. And rainy days are rare. Some of the citys sights to see include Watson Lake and the Watson Woods as well as Lynx Lake Recreational Area. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. At the end of this article we will discuss some of the pros and cons of retiring in the mountains, but first here is our list, in no particular order (theyre all nice!). If youre willing to look beyond the Aspens,Park CitiesandJacksonsof the country, there are a number of mountain towns with a cost of living you can actually afford. This mountain towns location also allows residents and visitors to easily take a day trip to Phoenix, making it a breeze to see the expansive mountain ranges Arizona has to offer. When you live here, each day can be as active or laid Bon Ayre is a 55+ active adult, manufactured home land lease community located in Smyrna, Delaware, a town which was recently ranked 31st Showcase Listing Heres whats for sale now in Aroostook County. Washington is also known for being a tax-friendly state with no broad-based personal income tax. Silverthorne, CO - Average Home Cost: $428,367. The city itself is at nearly 7,000, making it one of Americas highest cities. Few aspiring retirees have enough saved to buy a retirement home in Aspen, Colorado, or Jackson, Wyoming. This small mountain city on the shores of Lake Champlain is a picturesque setting for tree-hugging retirees. In Hilo, on the Big Island, the overall cost of living is 36.4% above the national average, according to Sperling's BestPlaces. Residents of the city and the surrounding area can easily visit the Blue Ridge Mountain Range, which is home to the Blue Ridge Parkway, Mount Mitchell, as well as several waterfalls, hiking trails, and waterways. Debt and waiting until a financial situation improves are top justifications financial advisors hear. Details here. A trip to Colorado a few years back to test as a possible new home proved very stressful for my lungs with severe hard breathing, coughing and general fatigue. The Most Important Ages for Retirement Planning: Age 50, The Most Important Ages for Retirement Planning: Age 59 , The Most Important Ages for Retirement Planning: Age 65, The Most Important Ages for Retirement Planning: Age 66, The Most Important Ages for Retirement Planning: Age 70 . In town,Historic Old Townoffers shopping and restaurants, and theres no shortage of events taking place year-round, including the July 4 Jamboree Days, fishing derbies at Lake Gregory, theMountain Fun Runners Car Show, a paragliding competition, theRedlands Bicycle Classicand more. Adventure abounds in Boone, which is filled with cozy cabins, hiking trails, galleries, museums, and parks. Las Vegas is not only home to some of the countrys most popular resorts and casinos, but also plenty of opportunities for outdoor recreation. At the same time, Chattanooga has many urban pleasures, including dining and entertainment options, a wide variety of public. As one of the 10 Cheapest States Where You'll Want to Retire (opens in new tab), the Heart of Dixie boasts many great spots for affordable living. You can enjoy boating and fishing on the Columbia, Yakima and Snake Rivers, and hiking or biking on the 23-mile Sacagawea Trail. Im including listings of homes for sale just for flavor. One friend of ours thought he wanted to live in a great town in western Colorado, only to realize that the winter sun was hidden by tall peaks until mid morning and disappeared again in late afternoon. It is on the shores of giant Lake Champlain. Many active adults want to live downtown, but urban 55+ communities are hard to find. . Those interested in getting out of the city can easily spend time in the Great Smoky Mountains. Welcome to Cresswind Charlotte! Seems like a fair trade. Theres good reason more than 45 movies and TV shows (The Sandlot, Everwood, Con Air, Drive Me Crazy) have been filmed here. Renaissance man Thomas Jefferson laid the foundation for the well-rounded city his hometown has become. Laid-off Meta cafeteria workers ask for the same severance as the companys employees, Why a change of scenery can be life-changing in retirement, Lawmakers consider plan to raise Social Securitys full retirement age to 70. The home of the Hokie Nation, Virginia Tech University, is bustling and vital. With a population of 84,000, Ogden is on the smaller side, but when it comes to outdoor adventures, the opportunities are massive. But you have plenty to enjoy all year round, including excellent sites for camping, fishing, hiking and skiing. Of our 50 picks, these 20 retirement spots across the U.S. offer the added benefit of nearby peaks and valleys to explore. And signature events include theLeadville Trail 100bike and running races; theBBQ & Brews Festival, held each June; andBoom Days, a street fair held each August. It would be hard to find a more picturesque setting. 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