Early retirement destinations might not be on many people’s minds right now as they worry about the size of their nest egg due to a strong economic downturn and world events in recent years but if you still have a desire to head somewhere different to spend your retirement years, then we have listed one of the best early retirement areas for you to consider.
Many people will look at downsizing when they leave the workforce, moving into a smaller house is a favorite option but have you considered the benefits of “pulling up stakes” and heading to a new state or even a new country?
Early Retirement Destination Top Pick
The top pick on our list is Florida and while this may not surprise many, it still offers some amazing lifestyle options especially for those who have spent the better part of their lives living in the colder climates of the northern states.
Florida offers a range of retirement communities and early retirement getaways. Whether your preference is northern or southern Florida, if you plan on enjoying your retirement where the weather is a little more stable than what you have been used to then Florida is hard to beat for retirees looking to soak up some sun and dispense with the heavy clothing.
One of our favorite spots is the Northern Florida Pan Handle area. Cities such as Panama City and Destin are popular holiday destinations and if you are a beach goer and love wide and white sandy coastlines, then this area is hard to beat. Panama City Beach in particular has often been described as having the world’s most beautiful beaches and we can certainly vouch for that.
Taking Advantage Of Low Real Estate Prices
One of the advantages with Panama City Beach is the affordability of real estate right now. Prices have tumbled in recent years following the real estate crash and for anywhere between $70k- 200K, you can pick up an amazing deal.
The lifestyle is generally quiet apart from a couple of major times during the holiday season but for relaxed early retirement living, this area will not disappoint you. Just ask the Canadians who will often spend a good part of their retirement living years there. In fact, many have been investing in beach property in the Pan Handle for years and will often spend several months at a time there to escape the cold Canadian winters.
If you haven’t tasted the great offerings of Panama City Beach yet then check out Gulf View Properties and at least try before you buy. Spending a little time there will give you an excellent taste of the type of lifestyle waiting for you. It’s an early retirement destination that is high on our list of retirement choices.