Pack that U-Haul and prepare to live the life of your dreams.
With 2020 fast approaching, it’s crucial to explore your options when it comes to where you could move to after retirement. Each US location has a lot to offer you. If you want to experience a new way of living, consider the different options mentioned here to see if they are a place you could see yourself residing.
The cost of living is one thing all retirees must consider before moving after retirement. If you don’t already own a home in the location you’re relocating to, how do you plan to live? Are you looking at renting an apartment or moving into a retirement facility? Your decision can significantly impact how long you can live off the money you’ve saved and invested.
Where Retirees Will Be Flocking to in 2020
The best US cities to retire to in 2020 according to US News and World Report are Fort Myers, Florida, Sarasota, Florida, Lancaster, Pennsylvania, Asheville, North Carolina, Port St. Lucie, Florida, Jacksonville, Florida, Winston-Salem, North Carolina, Nashville, Tennessee, Grand Rapids, Michigan, Dallas-Fort Worth, Texas. Florida is naturally an option for people who want to experience warmer weather year-round without an inflated cost of living. In many of the cities listed above, the median monthly rent and mortgage payment is under $1,500. It’s something that you could reasonably pay for if you’ve invested in precious metals as a way to diversify your retirement portfolio.
Why Precious Metals Afford You the Luxury of Living Your Ideal Retirement Lifestyle
If you’re looking to live a certain kind of lifestyle after you retire, precious metals afford you that luxury. They are among the best investment options available due to their scarcity and reputation for being valuable worldwide. People from all over the globe believe in the value of precious metals.
They view them as currency and as an investment option. Gold, in particular, is highly revered, collected, and sold because it can withstand economic and political turmoil better than other investment options. The climate in a country can cause the price of stocks, real estate, and different types of investments to plummet.
If you want to safeguard your retirement savings and aren’t quite ready to retire and move to one of the cities listed above, investing in a Gold IRA could help you tremendously. It gives you a higher margin of profit with less risk because of how scarce it is. It’s an option that could very well allow you to make a move to Florida, North Carolina or Texas at a later date.
Moving to a New City Could Help You Live Off Your Retirement Savings Longer
Enjoy a better way of living by moving to one of the cities on the list. You’d be surprised at how retirement-friendly many locations are throughout the United States. Using this list as a guide, explore the different options that you have to see which make the most sense socially and economically. You could very well find that your dream location is friendly to your bank account.