Pensacola, Florida, is one of the best beach towns to retire in. That said, the median home value is still just shy of $300,000, so it is still one of the more expensive places to live in America. The weather can also be unbearably humid in the summer, and there are limited cultural resources. In February, the median home listing price in the U.S. was $386,721, according to Redfin. Are you thinking of a sunny, cheap cost of living and easy life for your retirement? Located approximately 10 miles south of Myrtle Beach, Garden City, South Carolina, is a small resort town with a population of 10,600 and 38% of residents are 65 years old and up. Volcanic rock mainly covers the, Read More Are There Sandy Beaches On Capri?Continue, It can be challenging to decide between Capri or Anacapri. The country has miles of stunning coastline, with plenty of top-class beaches and small islands to explore. But it turns out, your beach-town dream may not be as far out of reach as you think. The content Just like many of you dreaming about a coastal dream life, we can make this a reality through information and inspiration! Being the third safest country in the world with the highest density of blue flag beaches, this country has a low cost of living, tax incentives, and easy residency for expats. The reasonable housing costs make it easy to retire near the water. For some, this means relocating to a smaller home or a Jennifer Taylor is a West Coast-based freelance writer with more than a decade of experience writing about anything and everything. Whether youre looking for a place thats quiet and relaxing or a place to catch some waves, Massachusetts has the perfect beach for you. Get the kids off to school in the morning, help them with homework in the evening.Besides Chelem, there are several other communities along this stretch of coast with good-sized foreign populations, including Progreso, Chuburna, Chicxulub, Telchac Puerto and San Crisanto. Still, Florida isnt the only state hosting great beach cities for retirees. - Total score: 55.1. Tucked between Vero Beach and Port St. Lucie, Fort Pierce is located on the bay behind the Atlantic-facing Hutchinson Island. Residents pay the state average for goods and services, groceries and healthcare but far less than the state average on housing and transportation. The city is rapidly growing, which means that it won't stay affordable for long. Here's a look at the Best Places. Get advice on achieving your financial goals and stay up to date on the day's top financial stories. But the seasonal town of Bay St. Louis is just 50 miles from New Orleans, offering an uninterrupted stretch of white sand, leisurely piers and several shops and eateries. When it comes to Washington beach towns, Bremerton is one of the most affordable in the state. Brunswick was settled in the early 17th century and is dripping with colonial New England charm. Located on the Pensacola Bay near the Gulf of Mexico, this popular beach retirement spot is an ideal place to enjoy Perdido Key, Pensacola Beach and the Gulf Islands National Seashore. The city of Puerto. You can click on the 'unsubscribe' link in the email at anytime. Maine's most populous city has four distinct seasons with warm summers and cold, snowy winters. And locals are willing to fork over that kind of money for a reason. The city is a UNESCO world heritage site, and the monthly cost of living can be as low as between $500-1000. But upon closer look, visitors will also notice the historic downtown district and the sunsets that set the sky on fire. Anew reportfrom the editors of International Living revealsthree secret, affordable beach getaways that will help make that daydream a reality. No Matter Your Age, Do Not Claim Benefits Until You Reach This Milestone, Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter, 3 Ways to Recession Proof Your Retirement, 8 Purchases Everyone Approaching Retirement Should Make, 25 Things To Sell When You're Ready To Retire. The shoreline of Biloxi is flanked with massive oceanfront casinos, which are the major draw to this coastal community. The Best Places to Retire Overseas. Hoi An has mountainous surrounds on one side and some of the most beautiful, undisturbed pieces of beach within a stones throw. Residents speak English, and both Belize currency and the U.S. dollar are accepted. Massachusetts is home to 1,519 miles of coastline, which means plenty of beaches to choose from. Oregon's coast is a treasure trove of beaches and coastal vistas. If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. No wonder its a favored destination for older Americans eyeing the golden expanse of work-free years ahead of them. If you've read about the place in a dozen travel articles, you're probably too late. Both Capri and, Read More Is It Better To Stay In Capri Or Anacapri?Continue, Living next to sandy shores and crashing waves is a dream many of us have. And the relative affordability of homes in these towns means more of a fixed income is left over for fun, which probably makes the case for sticking around.. How Financial Literacy Changes Once You're Retired. Consider these affordable and exotic places to launch your retirement abroad. It's a small town on the seasonal hurricane path, which is what keeps costs low. Perhaps the last two years of pandemic-related upheaval have intensified the dream of getting away from the daily grind to resettle in an ideal place. In the summer, you can evencatch sea turtles crawling up onto the sand to lay their eggs. First, you might think of beaches as far as the eye can see, but if you do your research, you might notice that there are no photos of these beaches you imagine. It's not in Seattle proper, but just a short ferry ride away, which helps bring housing costs down. Try kayaking around Sea Rim State Park or explore the mansions like the glorious White Haven. Sugar Sands - Riviera Beach, FL Low $200s - High $600s Sugar Sands is a 55+ condominium community located right off the Intracoastal Waterway. If youre wondering what attracts people to the seaside on a more permanent basis, here are a few reasons. Part of the Space Coast, Melbourne has beautiful beaches on the barrier island across the channel. Opinions expressed by Forbes Contributors are their own. If you are someone who wants to live near the beach but aren't sure if you can afford it, there are lots of options around our country that will allow you to live in a beach town without breaking your retirement budget. New Jerseyand its infamous shoregets a lot of flak, but its called the Garden State for good reason: Its friggin beautiful when you exit the turnpike. Home of the Daytona 500 and so much more, Daytona Beach, Florida, offers 23 miles of white-sand beaches. Many Americans underestimate the amount of money theyll receive from Social Security. Sarasota is a great choice for retirees who want warm weather, beautiful beaches and a wide range of cultural and recreational activities. Baja California, Acapulco, Cancun, Puerto Vallarta, Rosarita, and La Paz are a few well-known beach areas, and quiet fishing villages might attract retirees with lower costs and casual atmospheres. We are compensated for referring traffic and business to Amazon and other companies linked to on this site. In fact, it has quite a bit of sprawl for such a small city. There are, of course, many factors. The Jacksonville Beach Pier provides opportunities for deep-water fishing and strolling nearly a quarter mile past the shore. Maine's most populous city has four distinct seasons with warm summers and cold, snowy winters. Instead of Hilton Head, Try: Myrtle Beach, S.C. Can it be possible? Plus, it has its own stretch of bayfront nine miles to be exact. Read on to see where the best places are, what makes them good places to retire, and why exactly retiring at the beach is so popular. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. Daytona Beach is one of America's most beloved beach-party capitals in the country. Or if you love the west coast more, you can, Read More Why Are Coastal Towns Warmer In The Winter?Continue, Suppose youre looking for a place with beautiful beaches, stunning architecture, and a rich cultural landscape. Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. The town is also much quieter than other towns along Mississippi's Gulf Coast. The restaurants are also truly spectacular, from the casual Greenhouse on Porter to the more haute Vestige, serving New American and Japanese-inspired dishes. If you're looking for a cheap place to retire near the beach, consider Daytona Beach.Homeowners age 60 and older pay a median of $1,324 per month with a mortgage, and the median rent is $1,127 per . Part of the states southern outer banks, Cape Carteret is located in the Western Crystal Coast region, known for stunning beaches and tranquil living. "We have a pretty typical life for a family with young kids, says Kent. Here is International Living's annual list of the world's best places to retire in 2021. Retirees have their pick of beachfront locations in Thailand, including a number of tropical islands. Residents of Melbourne enjoy a beach retirement along the Atlantic Ocean at reasonable prices. Today, what brings visitors to Port Arthur are the history, wildlife and beaches. Orlando Is America's Top Travel DestinationHow Hard Has Its Real Estate Market Been Hit? Museums, NASA, beaches, restaurants and the theme parks of Orlando are all within easy reach, too. The location: Mexicos Yucatn Peninsula, where you'll find off-the-radar coastal communities that are so cheap you might not need to work. Ecuador has acquired a reputation as one of the best options in the world for retirees on a budget, but little Loja is still off the world's radar. To get there, youll need to drive about two hours fromCancn to the town of Chiquila, park your vehicle and take a ferry to the narrow 26-mile-long island. Youre getting ready to retire, and you want to go to the beach possibly every day. (Getty Images). What makes Biloxi an amazing retirement destination? Port St. Lucie scored highly on the desirability metric, and many people age 45 and older are interested in retiring in the area, according to a U.S. News survey. The small town of Freeport has just over 12,000 residents and a median age of 27 years old. Belize offers one of the best retirement programs globally, only taxes on income earned in the country, and retains English as their official language, eliminating language barriers for many. Still, it is one of the most expensive places to live in Kitsap County. The Cost: In Chelem, a four-bedroom, two-bathroom home with a pool one block from the ocean rents for about $600 a month. The cost of living is lower than many other European countries, and the culture is one in which elders are held with great respect. Myrtle Beach, SC, is one of the nation's most affordable beach towns. The easy visa system is a further bonus, making this an accessible option for most nationalities. Please note: Photos are for representational purposes only. Not far from the energy and vibrancy of Seattle, Port Angeles is one of America's great small towns. Many people downsize in retirement as a way to cut back on expenses and make their lives simpler. Take Our Poll: As a Retired Person, Are You Comfortable With Your Monthly Income? Naples scores high marks for desirability, with many people age 45 and older expressing an interest in moving to the area, according to a U.S. News survey. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). TRAVEL + LEISURE is a registered trademark of Travel + Leisure Co., registered in the United States and other countries. Patricia Doherty is a writer who specializes in covering destinations, resorts, and cruises for. I'm a Self-Made Millionaire: These Are the 6 Investments Gen X women are now between the ages of 43 and 58, which means retirement is on the not-too-distant horizon for some of them. The cost of living and crime, Read More Is It Good To Live In Miami Beach?Continue. Best Beach Cities In The World To Live And Work. Historic Lewes has a more natural, small-town feel and (slightly) lower home prices. Facing a financial squeeze, some retirees are returning to work. Relaxed Roatn is the largest of Honduras' three Bay Islands: Stretching 40 miles long and five miles at its widest, it's surrounded by the Mesoamerican Barrier reef, the largest in the Caribbean. The city sits on a barrier island in the Gulf of Mexico, with sprawling beaches (though not necessarily the best in Texas), lively nightlife and a non-stop energy that keeps the Texas Southern students coming in. Wilmington Island has a unique position situated quite literally between the best of both worlds. Buyers looking for a deal can get into a one-bedroomhome starting around $125,000 or even a four-bedroom right next to the water for $349,000. (opens in new tab) Popular Local Beaches: Beaches at Goose Lake Park, Jewell Lake, Little Campbell . Located approximately 10 miles south of Myrtle Beach, Garden City, South Carolina, is a small resort town with a population of 10,600 and 38% of residents are 65 years old and up. Situated on the Atlantic Ocean, home sales averaged $221,100, as of February 2023, making beach living seriously affordable. With a population of just under 80,000 and a median age of 45, Melbourne is a smaller city with a young population. Over on the Sunshine State's Atlantic coast, Vero Beach is a nature lover's paradise with miles of hiking and biking trails, plus wildlife refuges along the coast.
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