Where do you want to live after you retire from the workforce? Some of you will remain at your current residence for as long as you are alive. That is, if you can afford to pay your living expenses, including the high real estate taxes and generally higher prices for everything else within a community where most people still work.
On the other hand, some retired people want to move to an area where the weather is warm and it doesn’t snow during the winter. They also want to live in a community where most of the residents are within their own age group. If their children are adults, they want to purchase a smaller home and realize the gain for selling their current home because it is worth more than they paid for it many years ago.
As it happens and relatively speaking, the State of Florida has many nice smaller homes available to purchase at a very low price. That is to say, a nice home can be purchased for less than forty thousand dollars. Such a home can have as many as two bedrooms and two full baths, a one or two car garage, a family room, a dining room, plus an eat-in kitchen and a living room.
You can also buy space within a retirement complex that has other things such as a clubhouse and a swimming pool. Here you can enjoy other activities with people who are also retired and make many new friends. That retirement complex will be located near shopping, dining and entertainment so you will not have the feeling that you are isolated from the world and still be able to enjoy going out for a day or a few hours.
Such retirement complexes also have security guards who monitor those who go into and out of the complex. Your chances of being a victim of crime are less than if you just owned a home within one of the many communities within Florida.
Most likely, you will be within driving distance of many theme parks and other tourist attractions that people who are on vacation enjoy for a week or two. So too, fine dining and family style restaurants are common within most communities, as are theaters, stores and public facilities such as public transportation, parks and libraries.
You realize that by buying a home in Florida you will be moving away from family members and old friends, but you will be able to start a new life, experience new things and meet new people in Florida where it is relatively less expensive to live. The money you save can pay for a vacation to some other place for a week or two such as going back to where you once lived just for a visit and to renew old acquaintances.