Retiring in Nevada: Pros and Cons
Are you considering retiring in Las Vegas? Or maybe, somewhere else in Nevada? From exploring the best neighborhoods in the Las Vegas area to learning more about what makes it a great spot to kick up your feet—here is help to cook up your list of retiring in Nevada: the pros and cons.
There are plenty of pros for retiring in the Las Vegas area, including retirement communities in Las Vegas that will have you wanting to live your most active life.
Consider Del Webb at North Ranch, an over 55 active adult community that offers a full-length lap pool, on-site tennis courts, and easy access to local golf courses. It’s also just a short drive away from the strip. Home designs include options for up to three bedrooms and two and a half bathrooms.
Or enjoy a different side of Nevada while putting yourself just a day’s drive away from California, Colorado, or Utah at Sun City Mesquite. Nestled below a gorgeous mesa and surrounding the award-winning Conestoga Golf Club, this Nevada 55+ community also offers indoor and outdoor pools and a fitness center, plus games and activities at the world-class Pioneer Recreation Center.
Another pro of retiring in the Las Vegas area? Nevada has no state income tax, so all retirement tax at the state level is free. And while sales tax is somewhat higher in the state, it has relatively low property taxes making it pretty darn friendly to those who are looking to retire there.
This one is pretty obvious, but our list wouldn’t be complete without it. There are plenty of things to do in Las Vegas and that includes more than just going to casinos. Take the Fly Geyser, for example, which is about two hours north of Reno in the Black Rock Desert.
Originally created by a geothermal power company that failed to properly cap a test well they drilled—this multicolored, water-spewing rock formation has since been purchased by the Burning Man Project. You can now enjoy guided tours of the area and catch a glimpse of some beautiful, scenic rocks.
Las Vegas also offers access to various national parks in the area including Zion National Park, Joshua Tree, the Grand Canyon and more, making the city a great place for those who enjoy plenty of outdoor time.
All of the wonderful retirement communities in Las Vegas aside, there are a few reasons why retiring in the Las Vegas area might not be a good fit for you.
While the weather isn’t bad about eight months of the year—the remaining four can be pretty brutal. The hottest month in Las Vegas is July, with the average temperature reaching about 104 degrees Fahrenheit.
For some people, it’s hard to resist the urge to gamble. And access to gambling in Nevada can be very, very easy. If you are a retired person with a pretty set income, make sure that you have enough spending money to be able to occasionally afford the habit. Or be the type of person that is either not interested in gambling or very good with your money. For most people, gambling on the strip can get pretty boring pretty quickly if you try to do it every day. But that’s not the case for everyone.
There’s a reason why sales taxes are higher in Nevada. It’s better to charge the tourists than the residents, right? But for that reason, when you do decide to go out on the town, be wary of hitting popular tourist spots that charge hefty prices. This won’t affect you much though, once you’ve figured out your favorite local spots.
Wondering about the best neighborhoods in Nevada? Henderson, Nevada is home to many of them. An area with plenty of parks, recreational activities, and top-rated schools—it’s far enough away from Las Vegas and the strip, about an hour drive, to build its own sense of community while still offering access to a more vacation lifestyle when you’re in the mood.
If you’re looking for retirement communities in this area, consider Del Webb at Lake Las Vegas. Located in Henderson, you’ll enjoy resort-style living with gated privacy and an expansive recreation center that overlooks a desert lake oasis. Amenities include a lake, marina, retail village, pickleball, resort hotels, dining, golf, and more.
Before concluding if retiring in Las Vegas is the right movement for you, take time to plan your retirement. There are several benefits of living in retirement communities, but make sure that these benefits make sense for you. Then decide if retiring in Nevada, based on these pros and cons, will offer you the retirement of your dreams.
Contributed to The 55+ Society
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