SeniorAbode.com

Below is a short article capsulized by Realtor magazine from a Business Week article. It may seem a little superficial but the selection categories are very relavent.

Daily Real Estate News | November 7, 2007
Important Factors When Planning a Retirement Move
Boomers considering a retirement move shouldn’t be in a big hurry, says David Savageau, the author of Retirement Places Rated: What You Need to Know to Plan the Retirement You Deserve.

Savageau, who rates 200 potential retirement locales, says there are some important factors that people often overlook when looking for a place to retire.

Health Care.
Early retires are usually in good health, so this factor may not seem too important, but it may later on. Some popular retirement places, like the Outer Banks of North Carolina, don’t have hospitals nearby.

Jobs.
Some very attractive places have lousy job markets because there are so many people willing to take positions at low wages. This is particularly true near military bases where military spouses generally aren’t demanding about pay.

Taxes.
Retirees shouldn’t get so hung up on taxes that they reject some very attractive places out of hand. A review of the impact that state taxes will actually have on a retiree’s personal situation could be enlightening.

Culture Clash.
Moving from a blue state to a red state could make a retiree feel like a fish out of water.

Crime.
Overall crime rates are way down. Prudent selection of a neighborhood can make almost any area a safe one.

Source: BusinessWeek Online (11/6/2007)

Filed under: Trends on November 8th, 2007