Best places to retire
Arizona, Florida top U.S. destinations for Canadian boomers
A recent survey of Canadian baby boomers showed that while many of them plan on retiring in their native country, a surprisingly large number is considering moving to the United States to enjoy their retirement. Of the boomers moving south of the border, 49 percent are thinking of going to Florida, while 16 percent are hoping to move to Arizona, The Calgary Herald reports.
The most likely Canucks to move to the United States were those who live in Alberta, with 61 percent saying they would like to relocate. There are a number of reasons why Arizona and Florida stood out, with the most popular being affordable housing compared to many Canadian provinces. Plus, the more obvious one - winter up north can be brutal compared to the southern U.S.
Regardless of whether or not they are moving to the U.S. or somewhere else in Canada, a large number of baby boomers have plenty of money to spend and are not afraid of doing so.
"This is a group of people who can afford to move, they are well off to begin with and have the freedom of choice," Susan Eng, vice president of advocacy for the Canadian Association of Retired Persons, told the Times Colonist. "They are doing just fine and they don't want to be dismissed as the blueplate-special, they are buying luxury goods and willing to pay full price for a grandchild's toy and will buy top-of-the-line children's clothes."
Sun City Festival is a great option for baby boomers looking to retire in Arizona. Located in the town of Buckeye, the community offers everything active retirees could possibly need from lifelong learning opportunities with Arizona State University to golfing at the Copper Canyon Golf Club. And in Florida, Del Webb Ponte Vedra is complete with a state-of-the-art fitness center and is located near Nocatee Community Park, so staying active is even easier.
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Deciding where to retire can be a tough choice to make. There are many locations to choose from, and each state offers its own unique set of benefits. While popular retirement hubs such as Arizona and Florida still attract many adults, Virginia has emerged as one of the best places to move to after leaving the workforce.
The expectations of retirement have changed considerably over the years. Today, adults who have already left the workforce, or those preparing to do so, are often just not content to relax in a retirement community with a warm climate.
Many adults are likely looking forward to relocating after retirement, but some may be hesitant to move due to concerns about the value of their homes.
Moving is never a decision that should be taken lightly, even if you're planning on relocating after retirement.