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Sometimes it makes more sense to retire near family - both - to help family when they need you - and - for family to help you when you will eventually need them.
Also keep in mind - do not retire to some place far from medical care - especially when you get really older. Retiring to a place with sub-prime medical care is always a mistake. Distance from emergency care is often a factor in survival.
A bit about me – I m 67 and retired when I was 55. My current retirement income is roughly $30,000 after taxes and medical insurance. That is high for the average retiree. I am in great shape at 6’ 185 pounds.
While at a local (L’Auberge casino in Lake Charles, Louisiana) casino I had a massive heart attack in January. Three months later after three stents and open-heart surgery I am still in great shape.
I have lived in the Israel, Saudi Arabia, Canada, and a bunch of U.S. states. Now home is Houston Texas near the center of town, close to lots of great medical facilities. If you are retired, you will need those. Houston is the forth-largest city in the country. It is not an idyllic mountain location, but has lots of entertainment – museums, theaters, playhouses, etc. – to keep one occupied.
Texas has no income tax. The state is the only financially stable one in the country. Houston’s cost of living can be pricey or cheap depending on your wants and/or needs. My 650 sq. ft., over age 55, apartment is beside a pretty city park. It is an older neighborhood. The rent, which includes utilities, is $655 a month. A fancy newer place a bit down the road goes for twice that.
You can’t afford to retire in many of the places listed in the article. Even if you had the funds to do so, you will die before you can get adequate medical care for the heart attack that I had. California is expensive and has income taxes. Arkansas is the most backward state in the nation with taxes on everything – income tax, personal property tax, and a sales tax, which even applies to food. Vermont is brutally expensive. New Hampshire is cheaper.
There are lots of articles about where to move to. Most give you half-truths. Moving to anywhere is expensive. If you have a house you have to sell it and pay dearly for doing so. You have high cost moving costs to absorb no matter where you live.
Don’t move to Mexico or another "cheap" to live in country. You have no rights, political instability, widespread corruption, and questionable health care.
John Miller is right. Most of these are half truths. There is nothing cheap with most of the places mentioned though they may look comely and ideal for retirement. One thing the article never considered was access to healthcare and cost of living. An aging person needs more medical care than a a younger person. I would consider John's advise as a wiser choice. One thing I have found out important while taking care of elderly and retired people is that they should be close to very good medical facilities. Houston, though not as beautiful as the places mentioned, has one of the biggest and best medical facilities with its Medical Center in downtown. There are no state taxes to deal with. While Bend, Oregon could be pretty, I would prefer to stay alive longer by being close to very good medical facilities.
Besides being out there would make you of lesser use to society. Life is not all pleasure and not only about ourselves but being able to give of ourselves. As I get older I now think of how I could encourage the younger generation who are trying to make it through life. Though I love nature and hiking and mountaineering that's not all there is to life.
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