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Does anyone retire to any state that has cold winters? I never hear about people retiring to NH, VT (ok, maybe VT for the way of life), ME, MN, MT, WA, CO, etc... No, they retire to the southeast or the southwest (AZ is the new FL).
It's the high cost of living Jim, people cannot afford to retire and live even on a decent pension plus soc. security in the northeast. Taxes, heat, utilities, auto insurance. The whole enchilada. Washington State and Colorado do not have the same kind of winters as the northeast, surprisingly enough, unless of course you live at 8,000 ft. above sea level.
People ask advice, they get honest advice, not just what they want to hear to be validated.
Generalizations. I know plenty of retired people living here and also people who retire up north. Depends on whether you like hot weather. Bulletin- some retirees actually do have money!
That's right ... and the folks who are smart, hang on to it; and do what is best for them. I'd rather spend my money on traveling the country and the world. It opens one's mind.
That's right ... and the folks who are smart, hang on to it; and do what is best for them. I'd rather spend my money on traveling the country and the world. It opens one's mind.
Some people actually think the taxes are just the price to pay for living somewhere they really like...
I see what you did there... but you know what? I wouldn't give up what I have here to pay less taxes in the south. You know why? It's 90+ here. We have 2-3 days of it this week. We'll maybe have another week or 2 the whole summer with temps like that. What's it like in the south right now? 90+ for weeks on end. You can't pay me enough to live in that crap. It's 100% completely worth the extra taxes to have a MUCH better climate. Oh, and you can't ski in the south. Well, you can, but the ski areas in NC are pretty pathetic.
QuilterChick, first off I am not a he, but a she. I have lived in Clyde, Marion and Woodfin, NC and was Camden, SC. I think after living here in NC for 10 years, I think I know what I am talking about. Most everyone has an a/c, I also work at Home Depot and within the last week have sold almost all of our a/c units. I have been in Asheville since 09.
Sure you can buy a doublewide moble home cheap, but the value will not increase on it for a resale. I took real estate class here in NC as well. I have 3 kids in school here, so I know about the schools. I have alsp done my reseach on where NC ranks as for education. I married a man who is born and rasied here in NC, so I think I know what I am talking about when it comes to the people here as well. Yes, South Asheville is high end, it's for the rich, downtown is pretty expenses as well.
As I stated in my other post I am from CT, not RI. While I lived in SC, I was 20 mintues east of Columbia. Camden is a small town that is either "old money" or poor.
How long have you lived in NC and SC to believe you know it all about these places.
AM I home sick, I sure am, but that is not why I want to leave NC.
For you perhaps...but for so many of us...RI's COL puts any positives too far out of reach.
It's a crime that a 1200 sq ft tiny bungalow should cost more than 200k. Yet that's pretty standard in good Old Rhody.
Too rich for our blood...and sadly, too rich for more and more middle class folks.
Where? In Providence a 1200 sq ft bungalow goes for $140k these days. I paid more than that for mine (prices were still dropping, and mine is 1500 sq ft) and I am squarely middle class, not upper middle class.
The cost of living here isn't really any different than the cost of living in MA or CT. So if you're comparing that (really, the only comparison for similar places to live), then I don't know where you get your data. NY and NJ are somewhat similar, but not quite.
You cannot compare the south to RI. It's apples and oranges. Unless the south starts having a 4 truly distinct seasons and no suburban sprawl, there's no comparison. And we all know neither of those things are going to happen anytime soon.
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