Where To Retire In Palm Coast
There are several communities in the area that would appeal to a retiring baby boomers active lifestyle, with single-family homes and condos that range in price from the mid $100s up to over $1 million.
One community I discovered recently is Matanzas Lakes, an age restricted community in Palm Coast with just over 100 homes. Another one, American Village, has just 45 homes but also has 96 condos, which I know a lot of people are looking for.
What About Retiring In A Luxury Resort
Retirement villages are specially designed, age-exclusive communities that provide an opportunity to be immersed in a unique ambiance tailored to your passions. Think of such communities as a luxury hotel and a country club merged into one.
They offer quality, secure and resort-like homes for those over a certain age. A variety of independent lifestyles are supported and there is a range of care services. Here, one can also find various sporting and social facilities like pools and spas, and nature is basically on your doorstep.
How Do You Want To Change The World
As an older adult, its easy to sit around complaining about how the world is going to hell in a handbasket. Its harder but SO much more productive to actually get out there and do something about it.
Best of all, the people who share your worldview often become close friends. After all, you dont just share a hobby you also share your desire to make the world a better place.
Are there local charities that you could get involved in? If so, what are you waiting for? If not, why not start a group yourself and start giving back?
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Where To Retire On The Nature Coast
Just a short drive from Tampa, the Villages of Citrus Hills is a Florida Retirement Community with single family homes and maintenance free villas that have been built with todays demanding baby-boomer in mind. But what makes the promise of Florida Retirement in the Villages of Citrus Hills truly come together for todays new breed of active adult retiree is its extraordinary collection of world-class community country club amenities and extensive social activities. A wide variety of homes and homesite packages are available.
Take Advantage Of Technology
When I learned French as a kid, the only tools we had were old textbooks and an even older teacher. Now, there are so many apps and language programs that there is no excuse for staying monolingual.
I still like Rosetta Stone for getting started. In my opinion, it isnt great for building your conversational skills, but it has one major advantage over other programs its fun and easy! Ok, thats two advantages, but you get the idea.
If you want to improve your vocabulary fast, consider Memrise. At one point, while studying for the Goethe German Exam, my son was learning 50 new words a day using this service. Even if you only learn 5 words a day, thats 1,825 a year!
One of my personal favorite apps is Duolingo. They specialize in short, colorful lessons. So, if you only have 15 minutes a day, they are a great option. Best of all, theyre free! Another online option is Mondly.
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Lake Havasu City Arizona
Lake Havasu City sits on the eastern shore of the lake, and it has a population of 204,691. It is an area that attracts people of all ages, so the community is diverse. Co-eds head to the city on their spring break, while outdoor enthusiasts arrive in the winter for the winter sports. It also attracts those who take early retirement, as it combines cosmopolitan and outdoor lifestyles, and the retired cost of living is below average. It is clear the area works well for people over 50, as 28 percent of the population are aged between 45 and 65.
Where To Retire In Clermont
Del Webb Minneola is a new 55+ community scheduled to open soon just north of Clermont. The community is only one mile from the Florida Turnpike, which makes getting just about anywhere you need to go in the greater Orlando area extremely easy. You can expect to see the same types of homes and amenities offered in other Del Webb communities here in Florida.
Palms at Serenoa is a gated community of 570 attached villas and single-family homes that began construction in 2018. Residents here enjoy access to amenities like a community clubhouse, fitness center, resort-style pool, and more than 16 acres of parks and green spaces around the community.
Esplanade at Highland Ranch is a gated community of 475 single-family homes. Amenities here include the standard selling points like a community clubhouse and a resort-style pool, plus there are plenty of courts and walking trails throughout the community.
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Dont Forget About Accessibility
How many times a year do you plan on traveling back to your home country? Its a more important question than it might seem on the surface. Some countries are super cheap to live in but extremely hard to get to. As a result, you may end up spending thousands of dollars a year simply getting back home to see your family.
When you are calculating your potential yearly costs, dont forget to add in travel costs. You may find that it is cheaper to spend slightly more on your rent if it means being closer to home.
Why Do I Want To Retire Abroad
Theres an old saying, No matter where you go, there you are. Are you retiring abroad for the right reasons? Are you seeing retirement abroad as an escape from the world, or as a way to re-energize and re-engage with the world? What do you want to do in retirement?
What do you want your life to be about? Sitting on the beach is wonderful, but many people find that a life of nothing but leisure gets boring fast.
If you want to be successful in retirement, you need a plan to stay active and engaged with the world around you and keep making a contribution to something you care about . These questions of how to make a happy, meaningful life in retirement do not go away just because youve retired to an island paradise.
If anything, having too much leisure time might cause you to confront a lot of uncomfortable questions and realizations. Think it through before you sell your house and uproot your life and move thousands of miles away from family and friends.
Retiring abroad can be the adventure of a lifetime, but it pays to give this move some careful consideration prior to buying your plane tickets. With thoughtful planning and a good sense of why youre making the move, retirement abroad can be a dream come true.
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Can I Get Good Health Care In My New Country
Health care is one of the biggest concerns for many retirees, whether its the cost of health insurance or the reality of potentially needing to get surgery, pharmaceuticals or other life-saving, life-extending medical treatments.
Many other countries might offer lower costs on health care, but do your research to see where you can get the best care possible, so that your health needs do not suffer at a time of life when you might need health care the most.
What Do You Want To Do To Invest In Your Body
Taking up a sport or going to the gym helps you to make friends in two ways.
First, fitness classes, sports and physical activities of all kinds are friend magnets. After all, you see the same people every week. In addition, you have plenty of time before and after each class to get acquainted.
That said, my advice is to be bold and take your friendship to another level as soon as possible. Find out what your gym buddies love to do. Then invite them to join you for an activity that you both love even if it is just to play a game of chess before an aerobics class or to go to a movie as a group.
The second way that getting in shape helps you to make friends when retiring overseas is that it builds your confidence and gets you out of the house. In other words, when you feel good about your body, you are more likely to engage in the activities that will help you to make new friends.
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Do I Feel Comfortable In The Other Country
Moving to another country is not to be done lightly. Take a few extended vacations to tour the area and get acquainted with the country where you want to stay in retirement. What speaks to you about this place?
Do you love the scenery, the culture, the food, the music, or the people? Can you see yourself feeling comfortable and content here? Does this other country give you a sense of a new beginning, new adventures, new places to explore and new things to learn?
Make sure you feel like you can fully be yourself and thrive to your full potential when retiring abroad.
How Much Should A Single Woman Have Saved For Retirement
A single woman should have saved enough for approximately 80% of her yearly income for retirement. Check how much you will receive for social security here, and subtract that from the 80% you need. Take the result and apply the rule of 4% to get an idea of how much you need to save for retirement.
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Five Of The Best Places To Live For Single Retired Females
Women retiring on their own face more challenges than men. Women tend to live longer, so they need their retirement funds to last longer. They tend to earn less money in their lifetimes, which means they have less to save. Because of hurdles like these, retired, single women need to find every advantage possible to make their retirement funds last as long as possible.
You can help stretch out your retirement funds, grow your investments and supplement your retirement income by following a short-term and long-term financial plan. However, money is only one factor to consider. When you retire, you want to be somewhere that you can enjoy yourself, be around other retired people, and have affordable health care, low taxes and high life expectancy. Take a look below at a list of five places retired, single females should keep at the top of their list:
Five best places to live for single, retired females
Discover some more places that are great for retired females from CNBC.
Talk to a ProVise CFP® professional about planning for retirement as a single woman
Cheapest States To Retire
If you are looking to save some money while in retirement, start by choosing one of the cheapest states to retire. The following are a few of the cheapest states based on tax rates for retirees, cost of living for seniors, and health care costs.
Alabama is considered a tax-friendly state for retirees according to Kiplinger. This means that most senior benefits including Social Security and pension funds are not taxed by the state. In addition, homeowners who are over 65 do not have to pay property taxes to the state. Alabama doesnt have an estate or inheritance tax either. You will have to pay for sales taxes on food, personal items, and medicine, which is something to consider.
Arizona offers a cost of living for seniors that is nearly 4 percent lower than the U.S. average. It is little wonder that Arizona is home to some of the biggest senior cities in the nation including Peoria, Tempe, and Mesa. In fact, Kiplinger notes that Prescott, Arizona is one of the cheapest cities to live for seniors in Arizona, while still offering a goldmine of senior services and activities for retirees. Plus, Arizona offers some of the best weather in terms of sunshine and mild winters, which is why it is a hot place to go for senior snowbirds from northern states.
Here are some of the other cheapest states to retire to:
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Dont Forget To Use Your Language With Real People
One of the best things about retiring abroad is getting to meet a whole new group of people. While it is possible to only hang out with expats like yourself, I think this is a mistake.
When people move to a new country, they often worry that they wont be able to make friends or even communicate basic needs until they learn to speak the local language.
In my experience, most language learners have the opposite problem. No matter how much they try, they cant get the locals to speak anything other than English!
The reasons for this are varied. Some people are just trying to be helpful. Others dont want to embarrass you. Still others seize the opportunity to speak a little English.
Dont let this happen to you. Keep trying. Try to make sure that each conversation is as balanced as possible. Its totally fine if one person speaks English and the other speaks German. Just keep trying.
What About The Language
When retiring abroad, isnt it hard to learn the local language? This is one of the most common questions that I receive when I tell people about my decision to move to Switzerland.
My answer is always the same. While it is possible to live in most countries without speaking the local language, making an attempt to fit in will definitely make your life more pleasant. As for the difficulty of learning a new language after 60, it really depends on how you approach it. But one thing is for certain if I can do it, you can too!
Slow And Steady Wins The Race
When you move to a new country, you are making a long-term commitment. While it may feel good to rush out and take an immersion class, according to my son, slow and steady wins the race.
He made me a simple promise when I started learning German.
Just do it for 30 minutes a day, he said. Spend 20 minutes learning new things and 10 minutes reviewing what you learned the previous day. Youll be amazed by how much progress you make over the next 12 months.
There are several problems with trying to cram a language into your brain all at once.
First, your brain needs repetition to remember things over the long term. Its not enough to study a language hard for two months. You need to see your new language as a long-term project.
Second, on a practical level, you are way more likely to quit if you bite off more than you can chew. 30 minutes a day, over several years, is more than enough time to become conversationally fluent in a language provided you also use what you are learning in the real world.
The 20 Best Place For Singles To Live In Their 50s In The Us
At different stages of life, people have different needs, and this impacts their decision about where to live. Young professionals often want to live in areas where there are employment opportunities and activities for them to enjoy in their leisure time. Those with children may prioritize living in the catchment area of a good school and want to live in a location with family-oriented activities. Peoples needs then change again once they have turned 50, as this is often a stage of life when their children have flown the nest, they are thinking ahead to retirement, and they may want to enjoy a slower pace of life. Choosing the right location is particularly important for singles in their 50s, as it is likely that they will want activities to enjoy and opportunities to meet new people. Here are the 20 best places for singles in their 50s to live in the United States.
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Plan To Live Well And Enjoy Your Retirement
Studies show that 55% of workers aged 65 plus view retirement as a “new chapter” when they expect to have the freedom to enjoy new interests, friendships, and experiences. This chapter can be enriched by careful preparation to create financial security and stability – but don’t forget to prepare for your best social future as well! Close relationships can help you live longer and improve your quality of life. Finding new hobbies and activities is a great way to discover new friendships and makes acquaintances.
Consider taking a trial retirement
Some people can’t wait to retire. But there’s also a risk of boredom or regret after leaving the workforce. Researchers at Oregon State have found that you’re likely to live longer if you retire after 65. According to the RAND Corporation, 39% of those aged 65 or older return to work after an initial retirement. Careers can give our life meaning and keeping mentally active can help stave off age-related conditions like dementia.
Before taking the plunge and leaving paid employment forever, why not consider taking a leave of absence and scheduling a “test retirement”? Try living on your retirement budget for a month. If you are considering retiring early, this allows you to determine how the reductions may affect your day-to-day expenses. And it’s an excellent opportunity to find if you really want to retire or just need a break.
Getting help with single retirement planning