Categories
Atlanta

Small Town Retirement Options – Serenbe Community in Georgia

Bosch house at Serenbe Community

2020 update: This original post was from Mary Ann and I visiting Serenbe a few years ago.  We loved that visit and took plenty of pictures.  As an update the community really is special. Here is a recent article that will give you more reasons to like Serenbe. What Makes A Neighborhood Resilient?

Yesterday my wife Mary Ann and our neighbors Scott and Dawn set out to visit the HGTV Green House for this year.   We drove from our Johns Creeks Georgia home down to the southside of Atlanta, then another 20 miles out in the countryside to the Serenbe Community. Here are some pictures and information about this wonderful community.

Originally posted 2020-08-27 06:20:12.

Categories
Retirement Homes

Retirement Homes – Renting May be Better than Buying

Before signing on the dotted line to purchase a retirement home baby boomers should consider the benefits of renting, especially in a down economy. For some seniors buying a retirement home may not be a good fit despite all the pundits that decree buying is the only way to go. So if you are considering buying or renting read on to discover why renting a retirement home may be your best option.

Reasons to Consider Renting Your Retirement Home:

1. Cannot Afford to Buy

What caused the housing market to crash in the first place were predatory lenders giving money to people who could not afford to pay their monthly mortgages. If you cannot afford to buy a home the fact of the matter is you should consider moving into one of the many 55+ rental apartments that are available.

If you are one of the seniors living on a fixed income it would behoove you to live below your means. Using too much of your income to go towards a house payment is a dangerous financial practice that will set you up for financial disaster.

2. Unsure of Where you Want to Live

Many seniors want to explore different areas of the country to see where they want to spend their retirement. There are several 55+ houses for rent in all areas of the country that seniors can live in temporarily.

3. Less Risk

The economy is in a shaky state so buying may put you at risk. Buying homes in a down economy may be good for young investors but not for seniors. Seniors should be looking for financial stability and ways to minimize risk. When you rent you put yourself in a much safer financial position thereby shielding yourself from potential risks associated with buying in an uncertain housing market.

4. Property Taxes

Some states have astronomical property tax rates that add hundreds to your monthly mortgage payment. When you rent you do not have to pay property tax and can use that money towards other expenses or savings.

5. Amenities

Many 55+ rental apartments and homes in 55 communities offer great amenities such as yard and home maintenance, organized social programs, clubhouse, transportation, pool, fitness center, and even on site medical care. If you purchase a home these amenities are typically not available leaving you to your own devices to meet those needs.

6. Less Responsibility

Owning a home is a huge responsibility. You have to do yard work and take care of any home repairs or hire someone to do it for you. Renting a retirement home alleviates most of this responsibility leaving you with more time to enjoy your golden years rather than fretting about home maintenance.

7. Social Life

Research shows that seniors who are actively involved in social programs and have relationship with their peers are happier and healthier. Renting a retirement home in a community gives you instant access to people the same age who have the same interests.

If you are considering purchasing or renting we hope you look at the pros and cons of each and do a thorough analysis to figure out what is right for you. If you need expert help see a financial adviser who has experience in helping seniors and baby boomers.

Originally posted 2011-07-26 22:05:03.

Categories
Florida

Best Small Town for Retirement in Florida

Best Small Town for Retirement in Florida

Do you want to retire to the Sunshine State, but want to skip the crowded streets, high housing prices, and worrisome crime rates of big cities like Miami and Jacksonville? Small town Florida living offers all of the benefits you seek – great climate, senior-friendly tax laws, proximity to beaches, great healthcare facilities – without the nuisances of urban retirement. Although the “best” place to retire is a very subjective question, but several  Florida small towns really stands out. Here are some of our favorites.

Originally posted 2020-09-01 11:00:30.

Categories
Alabama

Huntsville AL – A Great Town to Retire To

Huntsville, Alabama sounds like a small town, but it is definitely one that has experienced growth. The town of Huntsville is located in the north region of the state of Alabama. Huntsville has a current population of fewer than 200,000 people and has attracted retirees due to the vast opportunities available in this retirement city.

Huntsville, AL is a scenic and beautiful city. Though it is one of the four largest cities in the state of Alabama, Huntsville is a beautiful place with plenty of greenery. Many large cities only concentrate on building up and out, without paying attention to the natural beauty of the place. Huntsville, Alabama has plenty of wooded areas, gardens, lakes and greenery to enjoy. For this reason, Huntsville is an excellent retirement destination for those who crave the city life, while still wanting to enjoy small town luxuries.  Magnolia Trace Huntsville and Redstone Village are two Continuing Care Retirement Communities in Huntsville that offer a retirement community for independent living as well as care facilities when needed.

One thing that makes Huntsville so special is the large amount of PhD holders who live in this city. Huntsville holds more PhD holders per square mile than most other place in the United States. The reason Huntsville has so many educated citizens is due to the NASA branch located in the town of Huntsville. The city also holds many opportunities for those who hold degrees in science and engineering. Retirees who wish to have a part time job in their old field or to volunteer in the science and technology field will find Huntsville to be full of opportunities.

The growth that Huntsville, AL is expected to receive is largely due to the military opportunities that are moving to the town of Huntsville. Nearly 10,000 military jobs will be relocated to the city and a large amount of military contractor positions will be soon to follow. Military retirees who wish to remain close to a military installation and have the opportunity to contract with the military will find Huntsville to be one of the top towns to retire.

The weather in Huntsville is excellent for those who are looking to get away from cold, harsh winters without having to deal with summers that are over 100 degrees F. Most winter temperatures in the Huntsville area are around 49 degrees and temperatures in the summer are just less than 90 degrees on average. Mild falls and summers leave time to explore Monte San Mountain, a beautiful mountain and nature reserve located in south Huntsville.

The town of Huntsville’s demographics are varied, which makes for a culturally rich town. Huntsville is also located within 2 hours of both Atlanta, GA and Nashville, TN. A day trip to both of these large, popular southern cities will take no more than a few hours. Chattanooga, TN and Birmingham, AL are within one hour of Huntsville and these cities are popular destinations for large events.

The town of Huntsville, AL is the best small town for retirement for those who wish to retire in good weather and a scenic city that has lost none of its beauty. Huntsville, AL offers the ability to live well on retirement income and also offers opportunities to those who wish to stay mentally active after leaving the workforce full time.

Originally posted 2013-02-08 19:08:16.

Categories
Small Town Living

Small Town Pride | Best Towns Contests

Small Town Pride | Best Towns Contests

I have noticed people living in small towns have a lot of pride about where they live.  They have pride in their local parades and community events like fairs, art festivals and beauty contests. They have pride in their high school sports teams. They have pride in winning town contests.

Magazines hold contests where you can vote for your small town to win the title of something and people really get involved and promote voting for their town. I did a post about the South’s Tastiest Small Towns contest. Then there are the prettiest towns,  best places to live, most liveable towns, best small towns for food, healthiest small towns and many others.

People like calling their town “the best” in anything. Newspapers and Chamber of Commerces really liked the PR of having the title of being ‘the best” gives their town.

In the news today, I see the headline “Travelers Rest tied for third in ‘coolest small towns’ contest.  This is in the Budget Travel magazine’s annual contest to find the coolest small towns in America.  Other finalists include Berlin, Md.; Buckhannon, W.Va.; Cazenovia, N.Y.; Deadwood, S.D.; Elkin, N.C.; Estes Park, Colo.; Evergaldes City, Fla.; Galena, Ill.; Hunting Woods, Mich,; Kelleys Island, Ohio; Matthews, Va.; Nevada City, Calif.; Pahoa, Hawaii; and Rockport, Texas.  Apparently there were about 1,000 small town entries in the coolest small town contest.

So I went to the Budget Travel website to see what the criteria is for the coolest small towns 2014 but only see “we know a cool small town when we see it”.  I guess coolness is hard to define but you will know it when you see it.

So I go over to view the comments left by people on the contest page to see if I can find any clues as to why a small town may be cool.

Fay says “Travelers Rest SC is the perfect place for people who love the outdoors and want the very best of living with nature and having all the things civilization has to offer in Greenville. Lots of local culture and the ocean is only 4 hours away.”  (Ashevlle is nearby too).

The contest does have a good description for each of the finalists in coolest small town contest. You have until Feb 25th to vote.

Originally posted 2014-01-28 10:04:01.

Categories
Active Adult Housing Plans

Age in 55+ Community

Rather than aging in place in the suburbs, the boomer (me & you) could sell our large suburban home and move to a smaller, maybe more efficient livable home nearby.  I doubt we could make any money from our equity swap if we are paying cash for the new retirement home, but at least we would be in position to enjoy life without the larger property taxes, insurance and property maintenance expenses, traffic and no one home during the day.

Maybe the new place would be in a 55+ community with plenty of activities so we could meet some new friends.  It would be one level with livable design features already in place. Wouldn’t this make life much better for people who are retiring.

Originally posted 2020-09-10 08:43:28.

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