4 gorgeous beach towns where you can comfortably retire on $40,000 a year
That can be a reality for retirees — that is, if they know where to look. The average over-65 household in America drops $49,000 a year on everything from housing to food, according to the Census Bureau. But you don’t have to spend that much and, in fact, can spend far less — and retire to a sunny beach town.
Perhaps the best part: the cost. Average homes are priced at under $150,000, and you can find plenty of apartments renting for well under $1,000 a month; the cost of living, overall, is significantly below average . And personal finance site SmartAsset notes that “property taxes here are also not too significant,” with the average property owner spending about “$1,088 per year for an effective property tax rate of 1.64%.” No wonder Southern Living magazine named Bay St.
And then there’s the lower-than-average price tag. Florida became a hot retirement haven not only for its warm winters, but also for its lack of a state income tax . And Pensacola in particular is affordable with a significantly lower than average cost of living, home prices that hover around $140,000, and reasonable property taxes.
It’s inexpensive, too, with a cost of living that’s significantly below average, home prices that are around $150,000 and Florida’s retiree-friendly tax laws. Even better: According to Census Bureau data, median housing costs for Fort Pierce residents are under $10,000 a year.Sources: Sperlings Best PlacesIf the idea of a littler town freaks you out a bit — where will you shop, and what if you get sick of the restaurants? — but you still want a beach life, Corpus Christi is worth a look.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trump: Japan will invest $40 billion in US car factoriesUS President Donald Trump told a campaign rally in Green Bay, Wisconsin, that Japanese PM Shinzo Abe said his country would invest $40 billion in US car factories.
Consulte Mais informação »
We got a new eyeglass prescription for $40 at Warby Parker without stepping foot in a doctor's office. Here's what it was like.Here's what it's like to get an eyeglass prescription check done virtually via Warby Parker. The startup is investing more in doing vision checks.
Consulte Mais informação »
This Startup Making Cloud-Connected Security Camera Systems Reached A $540 Million Valuation In 3 YearsStartup Verkada has raised $40 million at a $540 million valuation just three years after launch due to hot demand for its un-hot product: video security systems for businesses and schools.
Consulte Mais informação »
4 gorgeous beach towns where you can comfortably retire on $40,000 a yearSunshine, sand and surf don’t have to come at a premium
Consulte Mais informação »
Uber is paying drivers up to $40,000 each to celebrate its IPOUber plans to pay out around $3 million to more than 1.1 million drivers ahead of its initial public offering.
Consulte Mais informação »
Almost half of Americans don't expect to have enough money to retire comfortably — but there's some good newsBefore retirement, just half of Americans foresee a comfortable old age; after retirement, the share of people who report being comfortable swells to nearly 80 percent, the survey discovered.
Consulte Mais informação »
Retire in these five cities where you can thrive on $37,000 a yearIt doesn't take much to afford a plushy retirement in these five foreign capital cities.
Consulte Mais informação »
16-year-old migrant boy dies in Texas after being held in US custodyA 16-year-old migrant boy has died in Texas after being held in US custody
Consulte Mais informação »
16-year-old migrant boy dies in government custody in TexasWASHINGTON (AP) — A 16-year-old unaccompanied migrant boy from Guatemala fell ill after he was transferred to a government shelter in Texas and later died, officials said Wednesday.
Consulte Mais informação »
Huntington Beach man arrested in Newport Beach double slayingJamon Rayon Buggs, 44, was arrested on suspicion of killing Wendi Miller, 48, of Costa Mesa and Darren Partch, 38, of Newport Beach. Their bodies were found Sunday night in Partch's residence by his roommate, police said. Buggs was already in custody Thursday after an unrelated arrest.
Consulte Mais informação »