Best Areas to Retire for Cheap
With smart planning, lots of people are retiring earlier than ever before. It is possible to retire in your 50s when you know how to calculate your monthly income until you are well into your 90s. As retirement approaches, you will also need to make a decision on your home base. Branch out into the world by looking at regions that are incredibly affordable with the us dollar. In reality, explore the best locations where you can retire for less than $2,000 a month.
1. Missoula, Missouri
If you\re searching for spectacular views and affordable living, Missoula, Missouri, is the perfect location. This city resides near the Rocky Mountains, but with a flat city center for your walking enjoyment. It is possible to rent an apartment for about $700 a month, which leaves more money for those fun adventures around town. Explore the recreational aspects to Missoula, including fishing or golfing. With the University of Montana nearby, you will have a mixture of different age groups in an area that also boasts quality health care.
There is no harm in looking at international destinations as your retirement plan. In reality, many countries have very low costs of living because the dollar remains strong on a global level. Montenegro is a country found on the Adriatic Sea with beautiful buildings that speak volumes about its history. Only $300 a month is required to rent out a one-bedroom home in this country. Buses and ferries are continuously moving around the cities as you enjoy the breathtaking views between adventures in this Balkan region.
3. Fort Worth, Texas
When warm weather and a busy city are your requirements during retirement, look to Fort Worth, Texas This city has housing that is priced at around $960 a month, which leaves you with some funds to spend at the local farmer’s market. Enjoy walking through the city with its eclectic stores, or choose the lake life with several parks in and around the town. Fort Worth continues to grow in size with many businesses bringing their best products and services into town. You will not miss a thing by living in this exhilarating city.
Armenia may be a completely unknown land to you now, but its layout is similar to the us with regards to valued institutions. Picturesque mountains provide the backdrop for hundreds of different structures that have been built over the years. These religious spires and domes provide inspiration as the $200-a-month housing cost tempts you to explore even further. The people are welcoming with a culture that is built on family and loyalty. Armenia is an exotic yet comfortable setting for a distinct retirement.
5. Phoenix; Arizona
If you are a fan of the desert, Phoenix; Arizona, is an easy pick for places that are under $1,000 a month. With a senior population of about 9 percent, you will have no shortage of friends as you enjoy the numerous outdoor activities.