So, you have saved millions and you are almost ready for retirement? You’ve planned for this day for years. You actually one of the small percentage who has saved enough money in your retirement to stop working and do what you’ve dreamed of doing. What exactly is that? Do you want to travel? Do you want to start gardening, fishing or another hobby that allows you to relax? Maybe like several retirees you want to pack up your bags and move somewhere else completely. Several people actually choose to move when they retire, but where would you move to?
There are several articles written on the best places to retire, most of them based on the cost of living. According to cnnmoney.com the best place to retire in 2010 was Durham, NC. Durham, NC is the home of Duke University.With more than 1,500 members, Duke’s 33 year-0ld senior learning program is one of the largest in the country. With over 100 courses offered, it covers many diverse topics.
What else does Durham, NC sport to the top spot to retire? The cost of living in Durham is also very reasonable. The median home price is $161,000, well below the $222,600 median home price for the U.S. in 2010. Durham, North Carolina residents also enjoy all the seasons. Spring, Summer, Fall and Winter visit each year and none of the season are extreme. Residents also enjoy plenty of beautiful golf courses, parkland, a renowned university medical center, and a newly built 2,800-seat Durham Performing Arts Center.
Even though many people will agree Durham is a great place to retire, each individual must make their own decision. There are many factors to consider when it comes to moving during retirement. Family, friends, weather, entertainment, and many other personal preferences must be considered. Do some research and even visit several places before you settle into your retirement dream home.