Best Places to Retire
Money (06/02) Vol. 18, No. 2 p.157; Turner, Rob; Bennett, Andrea; Jackson, Maya; et al

"Money" chose the eight best places to retire based on cultural attractions, affordable housing, top-of-the-line medical facilities, and a mixture of clean area, low crime, reasonable taxes, and a moderate population. Providence, R.I., for instance--where the median single-family home price is $97,925--offers retirees an arts district; local colleges; and a zoo, children's museum, and beaches for the grandchildren. Meanwhile, Sarasota, Fla., has warm weather, beaches, no state income tax, numerous outdoor activities, the opera, symphony, film society, aquarium, classic-car museum, and many galleries, all for a median price of $134,900. Retirees in Roanoke, Va., enjoy hiking on the Appalachian Trail, 17 golf courses, a renovated concert hall, luxury apartments, and low property taxes, while Sheboygan, Wis.--close to Green Bay, Milwaukee, and Chicago--features golf courses, an arts center, and a new marina on Lake Michigan. The median prices in Roanoke and Sheboygan are $146,000 and $127,390, respectively. Boulder, Colo., is more costly with a median price of $410,000, but offers a wide array of indoor and outdoor activities, including hiking and bike trails; rock-climbing; skiing; snowshoeing; its own symphony and ballet company; the Boulder Bach Festival; and the annual Conference on World Affairs. Retirees also flock to Las Cruces, N.M., and San Miguel de Allende, Mexico--with median prices of $128,500 and $150,000, respectively--for their rich Mexican culture, beautiful scenery and sunsets, the food, as well as the proximity to major cities. Finally, retirees can find a simpler and cheaper life in Medford, Ore., with the nearby Siskiyou and Cascade Mountains, the Pacific Ocean, fishing, boating, river rafting, and Crater Lake National Park's old-growth forests for the median home price of $140,500.


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