Port St. Lucie is located on Florida's Atlantic coast and has freshwater marshes in addition to ocean beaches. Shop Pay is an innovative payment solution developed by Shopify. Venices shoreline is located halfway between Sarasota and Port Charlotte, on the eastern edge of the Gulf of Mexico. No matter your motivations or whether its a combination of all of these, beaches are attractive places to live for many reasons. Pensacola, Florida, is one of the best beach towns to retire in. No matter where in the world you live, there is no doubt a great beach retirement destination not too far from where you that wont leave you feeling too far away from your family and friends, and will no doubt open doors for new friendships and the opportunity to meet like-minded people. Gulf Shores is the premiere beach getaway on the Alabama coastline. Lisbon, Portugal. Several visa categories are available, and the most common Migrant Pensionado Visa requires a minimum monthly income of about $717. The historic city boasts a vibrant downtown with shops and restaurants, 15 recreational parks (including a golf course), and waterfront views from both the mainland and the peninsula across the water. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. But the 26 miles of beaches, mild climate, palmetto groves and wildlife-filled marshlands make this beach town a really lovely place to be. For an additional $20,0000, this three-bedroom ranch is available in the Oakwoods. Travel + Leisure is published by Meredith Corporation under license from Travel + Leisure Co. It offers city living on the shores of clear swimmable waters, with eleven miles of beaches to enjoy on its doorstep. The 10 Best Affordable Places To Retire, 2022 Edition - Realtor.com Note: We may earn money from affiliate partners if you buy through links on our site. That's because it has powder-soft white sand that rings the Gulf of Mexico and plenty of beach resorts and vacation rentals to keep up. It's a smaller, quiet community with a much more affordable cost of living than some big retirement destinations like Sarasota or Melbourne, says Snider. One of my favorite Florida destinations is Port St. Lucie. But this is one of the best overall areas to live in terms of quality of life. Therefore, its not surprising that the city was named the top destination for snowbirds in 2021-22 by StorageCafe. Where It's Located:The small beachside village of Mahahual is about four hours south of Cancn on Mexicos gorgeous Caribbean Coast. Why Are Coastal Towns Warmer In The Winter? Where It's Located:A former fishing village, Chelem is located on Mexicos Gulf Coast, about a 40-minute drive from the city ofMrida(which was just named by Best Small City in the World by Conde Nast Traveler). The city is rapidly growing, which means that it won't stay affordable for long. Retirees are undoubtedly drawn to these areas by the active, beach lifestyle, says Danielle Hale, chief economist for realtor.com. Live Beachfront for a Bargain in These 10 Beach Towns Unsurprisingly, we're starting on Florida's Atlantic Coast in Palm Beach County. If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. And as they shift into retirement mode,many are migrating toward the beach. Comparative assessments and other editorial opinions are those of U.S. News Croatia offers good and affordable healthcare, with low living costs and a relatively easy point of entry visa-wise. Located about halfway between Miami and Orlando, Port St. Lucie is more laid back and affordable than these larger cities. Retiring to a quiet place by the beach is a dream for many Americans and others around the world. 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. Instead, the 55-plus crowd has been seeking out budget-conscious, beach alternatives with plenty of outdoor activities and (often) a temperate climate in which to settle down for good. Part of YaleNew Haven Health, Lawrence + Memorial Hospital is home to the regions only inpatient rehab unit and a nationally recognized cardiac rehabilitation program. Where to stay: Margaritaville Beach Hotel. 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. Express your gratitude and appreciation by picking out a retirement gift for a colleague. Median home list price: $145,050. Consider these affordable and exotic places to launch your retirement abroad. For a cheaper retirement option, head to Daytona Beach on Florida's Atlantic coast. 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. A new survey finds major disruptors that will change the retirement industry in the next decade. You might be willing to pay to live by the beach, but you dont want to stretch your budget too far. - Affordability rank: #130. But this is not a sleepy seaside community. It's ideal for retirees given the average home sale price is $229,833 with median annual property taxes coming in at $1,181. Where to stay: Country Inn & Suites by Radisson. The cost of living is low, the people are friendly, and the food is delicious making this country a great retirement destination. Lets hit the beach. Sunset Beach is one of the cheapest beachside towns for renters, particularly when compared with the median list price of its homes. It is barely above sea level, so most expats that live here tend to be very resilient and/or build very sturdy well-engineered homes on tall pillars, says Haskins. In fact, it can. (Getty Images) Median home list price: $237,050 Millions of tourists flock to Myrtle Beach each year, lured by its surf. Gulf Shores may be more expensive than the rest of Alabama, but it is definitely cheaper than other beach towns in the United States. But it turns out, your beach-town dream may not be as far out of reach as you think. The shallow and sedimentary conditions of the beach expose thousands of ancient shark teeth every day. How the National Debt Hits Your Wallet Every Day, CD Rates Today: April 27 Special 10-Month Term with 5.25% APY. Situated along the Atlantic Ocean, Vero Beach, Florida, is a quiet coastal town where you can enjoy your golden years. Mazatlan, in particular, offers city living with sandy beaches on the Pacific coast. The laid-back city boasts a restaurant- and shop-lined Main Street, which spills out to a nice pier and beach. The best part is that, thanks to its limited tourism and small expat community, Chitr is also one of Panama's most affordable places to live. Quit Your Job And Move To An Island: 15 Places So Cheap You - Forbes Though Morehead City is on the mainland, protected from storms by a barrier island, the city proper isnt known for its beaches. Well connected to the USA and the rest of the world, many expat communities in Mexico will leave you feeling like its a home away from home. However, since youll be on a fixed income, you need to find an affordable spot. Where to stay: Hilton Daytona Beach Oceanfront Resort. Daytona Beach has a population of nearly 75,000 and 20% of people are age 65 and up. The less-crowded Neptune Beach often attracts surfers. Myrtle Beach has a wide variety of golf courses, including designs by Robert Trent Jones and Jack Nicklaus. Holbox is one of the worlds best places to swim with whale sharks. Weekly. Retirees can take the grandkids on whale watching tours or picnic at one of the many parks or the beach. Plus, youll enjoy low taxes, since Florida doesnt have an income tax or a tax on certain kinds of unearned income. Instead, you get around by golf cart, moped or on foot, says Haskins, who reports that the people who come hereincluding those who stay long termtend to be nature lovers. In February, the median home listing price in the U.S. was $386,721, according to Redfin. Bank account requirements are about $36,000 and $149,000 respectively. Many Americans underestimate the amount of money theyll receive from Social Security. The town is home to Bowdoin College, and over on Federal Street is where Harriet Beecher Stowe penned Uncle Tom's Cabin. America's Bestand Most AffordableBeach Towns for Retirement Fresh air, seafood, warm water, fishing, or other water sports, as well as beach walks, are available on your doorstep; you need to find the right place to settle. World-renowned for excellent healthcare standards, Thailand is a sunny and friendly nation with a low cost of living. The headquarters for NASCAR is home to several large motorsports events each year. Travel + Leisure magazine may receive compensation for some links to products and services on this website. TRAVEL + LEISURE is a registered trademark of Travel + Leisure Co., registered in the United States and other countries. Youll find Italians, Argentinians, French, Germans, Americans, Canadiansmany of whom have started businesses.. Consider these tips when purchasing real estate in another country. It's one of the most affordable places to live in the Caribbean: According to International Living, a couple could live well starting at $2,000 a month. Coos Bay is an adventurer's paradise, with bays, rivers, lakes and Oregon's famous dunes waiting to be explored. Temperatures don't usually dip below the 50s in the winter. 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. You may also like: 50 best beach towns to live in. They include this three-bedroom on the water for $275,000 and this two-bedroom cottage for $219,000. Copyright 2022 Travel + Leisure Co. All Rights Reserved. Daytona is hot, and the boardwalk hums with tourists who spill out of the oceanfront bars and restaurants. The Cost: In Chelem, a four-bedroom, two-bathroom home with a pool one block from the ocean rents for about $600 a month. Welcome to Coastal Dream Life, a website dedicated to helping you achieve your dreams of white sandy beaches and fresh ocean breezes in style. Affordable lodging and an energetic nightlife make Biloxi a major vacation destination for the surrounding area. The cost of living is about 61% lower than in the United States, and rents are a bargain at an average of 80% lower than in the U.S. Medical and dental care are high quality and affordable, with both public and private institutions available. The natural harbor that it sits on is one of the best ports along the entire eastern seaboard. The city is so retiree-friendly, its even home to Latitude Margaritaville, a Jimmy Buffet-inspired 55-plus community. Before you raid your 401(k) or IRA, learn the realities and benefits of taking a retirement plan hardship loan. In fact, it was named the second-best city in the U.S. for senior health by The Mesothelioma Center in 2023. You can explore lovely museums, historic homes and linger on the 2.2 miles of beautiful beach. With plenty of islands to explore and the mainland, Greece has one of the longest coastlines in the Mediterranean for those beach lovers who want to explore. The company 401(k) is just one option available for building wealth. However, it's also saddled with the highest cost of living in the top 20, running nearly 10% above national averages. Just 15 minutes south of the bustling tourist shops, boardwalks, and mini-golf courses of Myrtle Beach, Murrells Inlet offers retirees a quiet respite from that popular vacation town. Part of the states southern outer banks, Cape Carteret is located in the Western Crystal Coast region, known for stunning beaches and tranquil living. 15 Cheapest Beach Towns to Live in the U.S. | Apartment Therapy Heres a look at affordable U.S. beach towns for retirees, so you can start planning your new life on the beach. It has seen its fair share of destructive hurricanes over the decades. Golf, bird watching, camping and dining are among the other activities that visitors and residents enjoy on the Gulf Coast of Texas. The cost of living and crime, Read More Is It Good To Live In Miami Beach?Continue. This involves no tax on Social Security benefits, minimal property taxes and a notable retirement-income deduction from your state income tax. It all depends on the kind of lifestyle you are after., READ MORE: Cruise Ship Tips: 9 Insider Secrets From A Trailblazing Captain. However, what really makes this port town ideal for the 55-plus crowd is the easy access to quality health care. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. In the summer, you can evencatch sea turtles crawling up onto the sand to lay their eggs. Sugar Sands - Riviera Beach, FL Low $200s - High $600s Sugar Sands is a 55+ condominium community located right off the Intracoastal Waterway. It's a suburban environment with a lot of bars, restaurants and parks. Its population is a beautiful mix of native Hawaiians, Japanese, Portuguese, Puerto Ricans and Chinese, among others, and it draws an artistic crowd who come to explore its museums and the Hawai'i Volcanoes National Park. Quit Your Job And Retire Early: The World's 5 Cheapest Beach Towns - Forbes With a population of just under 80,000 and a median age of 45, Melbourne is a smaller city with a young population. The combination can work well for retirees who are looking for a place to retire near the beach on a budget but don't want to give up the amenities and services of living in a city. 1. The median home selling price is $232,450, as of February 2023, which is notably less than the national average. This South American country offers coastline on both the Pacific Ocean and the Caribbean Sea, so retirees seeking beach living have many options, and the Andes Mountains and Amazon rainforest are nearby for a change of scenery. In that case, Miami Beach is the place for you. Residents of Melbourne enjoy a beach retirement along the Atlantic Ocean at reasonable prices. Take Our Poll: As a Retired Person, Are You Comfortable With Your Monthly Income? 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. According to the Census Bureau, the average over-65 household in America requires $49,000 a year to cover everything from housing to food. Lake Okeechobee is 40 miles southwest. Ambergris Caye is a tiny island surrounded by turquoise waters and the longest barrier reef in the western hemisphere. The country has miles of stunning coastline, with plenty of top-class beaches and small islands to explore. Swimming with these gentle giants is an experience not to be missed, says Haskins. Finally, in 2000, she said "not another winter in Omaha" and began looking for a place to live where the climate was better, life moved at a slower pace and she could do more of the things she had always wanted to do. Hibiscus Elegant Midcentury Beachside House. Jacksonville, North Carolina Population: 72,896 Median home price: $222,814 Median monthly rent: $1,200 The community is also a suburb of Baltimore. Carteret County has a population of roughly 68,500, with just over 26% age 65 and up. Another big plus is that they use the United States dollar for their currency. There are, of course, many other options besides these, both within the countries weve listed and others, everywhere from Cyprus to the Dominican Republic. By clicking the 'Subscribe Now' button, you agree to our Terms of Use and Privacy Policy. Most Affordable Beach Towns - 2021 Edition - SmartAsset Most Affordable Beach Towns - 2022 Edition - SmartAsset In fact, it has quite a bit of sprawl for such a small city. To hit the soft sand of beautiful Atlantic Beach, locals have to drive about seven minutes across the bridge. Sarasota's picturesque beaches, including Lido Key and Siesta Key, draw many visitors and retirees to the area. Well look at the top beach towns that offer an ideal home for retirement and what makes these choices such good ones. It has turquoise waters and fantastic sunny weather, with inexpensive property and rich history. Also, the winter months tend to be very sleepy around here. The day when, for most people, they can not answer to someone, be free, be their boss. How Financial Literacy Changes Once You're Retired. Choosing one of these retirement hot spots will offer plenty of opportunities to make friends while living within your means. Its chilly, long winters are what keep this beach town more affordable than other ones in America. If youre wondering what attracts people to the seaside on a more permanent basis, here are a few reasons. Highlight: For those who love the boardwalk and casinos. Residents of Bremerton can still work in Seattle with a short commute time, and many do. You save for retirement your whole life, you work, at some point, only knowing that you can retire and wont keep having to work, so it feels like, in some ways, its what you work towards for much of your life. Port Arthur was founded in the late 19th century and, at one time, was the center of the largest oil refinery in the world. The large community has various purchase restrictions, including a minimum age, and in some cases requires all-cash transactions; but to buy in another part of the desirable beach town would cost at least $700,000. Are you on track to have enough money for retirement? Best budget-friendly places to retire in 2021: report - CNBC It has wonderful public schools, is safe for families and has great restaurants and nightlife. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Home Buying Calculators Many of the retired residents of Hyannis move into their former summer homes, but there are still plenty of boomers relocating to the area. But there are quieter, less-touristed spots that provide the same eye-popping views, but with fewer crowds and less expense, says Suzan Haskins, a senior editor at International Living. Is It Better To Stay In Capri Or Anacapri? Theres no traffic, no high-risesonly sand-floored beach bars and hammocks everywhere you look. With 2,000 miles of coastline, finding a place to live near the beach should be relatively easy. And locals are willing to fork over that kind of money for a reason. Where It's Located:Holbox Islandwhere the Caribbean Sea meets the Gulf of Mexicois one of our favorite getaway spots, says Haskins. Morehead City has enough nautical attractions to make die-hard boaters keel over. Mahahual has a hip-but-rustic feel, says Haskins. Here is International Living's annual list of the world's best places to retire in 2021. Deployed correctly, stable value funds add an insurance element to guarantee portfolio returns. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). With its bustling main street, John F. Kennedy Hyannis Museum, and world-renowned Cape Cod Hospital, Hyannis is basically the hub of the Cape. Freeport's coastal waterways are teeming with fish, so you can imagine that fishing is one of the biggest draws to this part of the country. Retirees can get into affordable homes starting at just under $200,000, including this $196,919 two-bedroom in a 55-plus community or this three-bedroom with a whirlpool hot tuband no age restrictionsfor $249,900. These offers do not represent all available deposit, investment, loan or credit products. Picture a stunning village green, historic homes and plenty of artsy culture. Are you thinking of a sunny, cheap cost of living and easy life for your retirement? But when you think of Americas great beach towns, like the Hamptons, Miami, Malibu, Hilton Head, among many others, we get snapped right back into reality rather quickly the cost of living in these spectacular beach towns is pretty darn high! If you're interested in retiring near the ocean without the humidity of a tropical destination, consider Portland. Can it be possible? One of America's richest cities in terms of culture, history, cuisine and nature, Charleston is the epitome of old-world charm. Rather, here, the residential areas overlook the river. Please note: Photos are for representational purposes only. The 10 Most Affordable Beach Towns, 2021 Edition - Realtor.com Homes start in the $200,000 range, and its possible to snap up a townhome with an onsite dock such as this sprawling three-bedroom for $274,000 or this $350,000 three-bedroomwith water views. (Getty Images). Gulfport is another hidden gem. The reasonable housing costs make it easy to retire near the water. #25. The last few years have been financially challenging for many Americans, the pandemic took an economic toll on many, and inflation as well as rising rates are continuing to hurt wallets. The median home sale price was $340,000, as of February 2023, allowing you to live by the beach for less than the national average. But upon closer look, visitors will also notice the historic downtown district and the sunsets that set the sky on fire. Over a third of the population is age 60 or older. For example, five beachfront lots near Puerto Angel, just 20 minutes from Mahahual, were recently for sale for $69,000 each. The 10 best beach towns for retirement - CNBC Maine's most populous city has four distinct seasons with warm summers and cold, snowy winters. The town is home to the Florida Institute of Technology and is only 30 miles east of Orlando, which means that residents have both beach vibes as well as the conveniences of a college town and a major city. Whether millennials will have enough money to last them throughout their retirement remains to be seen. Still accessible to the world and with ample beaches and islands to explore for those wanting variety, this is one of the less developed, quieter destinations, an appealing characteristic for many retirees. Melbourne is one of the most affordable beach towns to retire in, at least on this list. The Costa Dorada could be the most naturally stunning part of the island, with forested mountains rising behind the white-sand beaches, and also the most affordable. Low home values and affordable housing, plus relatively low property taxes are what make Pensacola so affordable. Lewes and nearby Rehoboth Beach have become one of the hottest LGBTQ retirement destinations on the East Coast. The Best Places to Retire in 2022-2023 - US News & World Report Movie nights and musical events are frequently hosted at the Seawalk Pavilion in Jacksonville Beach during the spring and summer months. Just like many of you dreaming about a coastal dream life, we can make this a reality through information and inspiration! on this page is accurate as of the posting date; however, some of our partner offers may have expired. Canggu is an eclectic mix of modern lifestyle with traditional Balinese culture. 10 Crazy Cheap Beach Towns - Knockaround.com Food is delicious and prices are low. Hilo is Big Island's thriving core, though you're more likely to find other visitors roaming Kailua-Kona. 10 Best Budget-Friendly Places to Retire in the World Historic Lewes has a more natural, small-town feel and (slightly) lower home prices. Hampton and Newport sit to the north of the Chesapeake Bay Bridge and Tunnel. Retirees can get into affordable homes starting at just under $200,000, including this $196,919 two-bedroom in a 55-plus community or this three-bedroom with a whirlpool hot tuband no age. And homeowners will spend an average of $808 in housing costs each month. With the fifth-best healthcare system globally and one of the safest countries with English as a national language, Malta is a desirable option for retirement. We know people who spend far more and others that spend less, says Haskins. Many of them seek out single-story homes with attached garages right around the golf course, marina, and beaches. 20 Affordable Beach Cities to Live In (Study 2019) - GOBankingRates so you can start planning your new life on the beach. The Most Affordable Beach Towns to Retire in California Or, at least, for many of us, we wish it were. There was an unknown error. Hilo, however, may just break the mold. A Certified Retirement Community by RetireNC, Carteret County, North Carolina, is a great place for active retirees. The easy visa system is a further bonus, making this an accessible option for most nationalities. 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. The Best Places to Retire Overseas | Retirement | U.S. News Year-round homes start around $350,000 and reach nearly $4 million. It's a small town on the seasonal hurricane path, which is what keeps costs low. It has a little bit of everything.. Summer is much livelier, with outdoor activities, like music, golf and farmers markets. Its a popular gay retirement community, says Russell Stucki, real estate associate at Re/Max Realty Group. - Total score: 55.1. The city is a UNESCO world heritage site, and the monthly cost of living can be as low as between $500-1000. Offshore charter boat services are available to cruise up and down the Brazos River or off the coast of Bryan Beach. Health care services are provided by Halifax Health Medical Center of Daytona Beach and AdventHealth Daytona Beach. Part of Mississippi's "Secret Coast," Ocean Springs is a beach town that features white, soft sand and a vibrant downtown, packed with boutiques, music and great restaurants. That includes Toms River, a seaside town thats nestled along the Atlantic Ocean and Barnegat Bay, a rich estuary thats long been a destination for fishing, crabbing, and boating. 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. There are also many retirement communities in the area, says Andrew Latenko, RV travel blogger at RV Camp Gear. Located in the Mediterranean, with vineyards, dramatic cliffs, old forts, and charming fishing villages, the island as a whole has a lot to offer. And it turns out, they share some common features that are particularly attractive for folks who are no longer congregating by the water cooler. In addition to the obvious waterfront activities, Gulf Shores is close to many restaurants and bars, shopping and the wharf in nearby Orange Beach. Hampton, located near the bustling beach communities of Virginia Beach and Norfolk, is popular among residents for its stable economy and proximity to the water. Retirees can get into active adult communities like Bay Crossing in a $239,000 two-bedroom condo all the way up to a fully kitted-out four-bedroom for $620,000. If you're going to move to a beach town in the U.S., you might as well move to one in a state that doesn't charge any income tax. Median list price: $249,950. Cuenca, Ecuador. READ MORE: 27 Easy Ways To Make Money Online. When it comes to Washington beach towns, Bremerton is one of the most affordable in the state. With borders on the Gulf of Mexico in the east and the Pacific Ocean in the west, Mexico offers around 6,000 miles of coastline. One of the richest histories in western civilization and one of the most affordable European residency programs means this is an excellent option for this part of the world. Prices are considerably lower than Miami, but compared to the rest of Florida, you'll still be paying around half a million to live on the beach. Facing a financial squeeze, some retirees are returning to work. A historic downtown has blocks of buildings from the early 20th century as well as The Freeport Historical Museum. The world's most affordable places to retire - CBS News That said, a low cost of living comes with a higher risk in general.

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