For those contemplating retirement, choosing the right destination is as critical as deciding when to retire. Recent trends highlight where retirees are flocking, offering insights for anyone ready to make this significant life change.
According to various reports, the U.S. states of South Carolina and Florida dominate the list of preferred retirement spots. A blend of warm weather, recreational options, low costs of living, and tax benefits make both states appealing.
Travel + Leisure recently identified Greenville, South Carolina, as the best place for retirees within the state. This announcement has placed Greenville on the radar for those seeking vibrant communities coupled with the charm of small towns.
What makes Greenville stand out? The city’s walkable downtown, abundant entertainment options, and numerous parks contribute significantly to its inviting atmosphere.
Yet, it’s not just about entertainment; Greenville is just under four hours from popular coastal destinations like Charleston and Myrtle Beach. This proximity adds to its appeal, making it easy for retirees to visit the beach whenever they want.
Sean Hartness, CEO of Hartness Development, praised the city saying, “Greenville offers retirees a dynamic blend of small-town charm and big-city conveniences.” This sentiment echoes the lifestyle many retirees pursue.
But Greenville isn’t the only city enticing retirees; nearby Anderson is also gaining traction. Ranked No. 4 by Travel + Leisure, Anderson is known as “The Friendliest City in South Carolina,” making it ideal for those who prioritize community.
The lakefront recreational activities at Lake Hartwell are another major draw for Anderson. Fishing enthusiasts can enjoy tournaments, with the chance to catch species like bass and catfish.
While home prices can vary, Redfin data from May 2024 shows the area boasts median home prices around $250,000 — quite reasonable compared to many other U.S. regions. This affordability makes it attractive for retirees living on fixed incomes.
Spartanburg is yet another contender, standing at No. 8 on Travel + Leisure's list. Its combination of cultural richness and outdoor activities makes it enticing.
Spartanburg is notable for hosting North America’s only BMW museum, driving school, and manufacturing plant. This unique feature can be appealing for retirees interested not only in the arts, but also engineering and automobiles.
Accessibility and healthcare are also significant factors when choosing retirement locations. Spartanburg Regional Healthcare System is known for offering free fitness classes for seniors, promoting healthy living among retirees.
A low cost of living is another substantial draw. U.S. News & World Report notes this favorable financial aspect paired with lifestyle options makes Spartanburg unbeatable for many.
What factors are most important for those considering retirement? Lifestyle options, healthcare, and affordability rank high, and these three cities each meet these criteria remarkably well.
Moving beyond South Carolina, Florida has long been a traditional haven for retirees. The climate, healthcare facilities, and retirement communities here attract many.
Statewide, Florida boasts countless active adult communities, many near beaches or golf courses, catering to varied interests. The warm climate allows year-round outdoor activities, another perk many seek.
On top of the warm weather, Florida has no state income tax. This financial benefit can lead to significant savings during retirement, especially for those relying on fixed incomes.
Lastly, cities like Sarasota, Naples, and Orlando consistently rank high nationally for retirees. Each city offers something unique, from cultural events to outdoor recreation and exceptional healthcare options.
These trends reflect broader shifts as retirees prioritize quality of life and affordability, shaping their choices about where to settle down. Given the insights, potential retirees have plenty of wonderful options to explore before making their big decision.
With so many appealing locations, exploring new spaces will contribute richly to the retirement experience. This next chapter could be the most exciting adventure yet!
