adonis
Footballguy
I'm a few decades away from retirement and have started daydreaming about where I'd buy land today in order to start building a retirement home over the next few decades, so that I can visit along the way, and have a great house in a great location to retire to. This got me thinking about the conditions I'd take into consideration, and I was curious what cities and factors others would choose if contemplating the same thing.
So list the top 3 cities and the major factors/reasoning behind them, if you were to buy land today for a retirement home location with 20+ years until retirement.
Here are some of my factors/reasoning
- Effects of climate change will cause more frequent storms and flooding in areas prone to either, along with other things like wildfires due to drought. (no need to debate climate change)
- Optimize low cost of living vs high quality of life in a given area - just because cost of living is a bit higher, it might be worth it to live in a good area
- Future taxes based on what we know now - can't predict the future too well, but a state like texas has high property taxes but lower income taxes, vs Louisian with the opposite.
- Proximity to quality medical care - getting old won't be too fun, so having good medical options nearby would be beneficial
- Assuming technology continues to advance where things like self-driving cars are a reality, solar panels can help you go off grid, wireless communication is easier and faster...this can really broaden horizons because you can live further out and still enjoy many conveniences of a city.
- Natural disaster risks (tornado's, hurricanes, flooding, wildfires, etc) - some areas are just naturally more prone to natural disasters, even absent climate change
- Good access to clean water supply not currently overtaxed - fresh water will be an ever important resource going forward
- Access to a close international airport - plan to travel, and having family visit me and me visit wherever I want to go without having to go too far, would be nice.
- Ideally, the cost of land in this area wouldn't be outrageous today.
So, for me, any coastal regions would be out. Cities in deserts would be out due to fresh water concerns. No desire to live in huge cities. Would want to buy land out from city to allow cities to grow out to me within a few decades. I prefer not to live in the south for political reasons, but also because it seems more reasonable to handle cooler weather than warmer weather going forward.
I'd probably start my search looking at midwestern states, or thereabouts, that are near airports, near mountains, but not overpopulated or huge attractions for people today.
Idaho - Boise perhaps.
Colorado - some place not incredibly expensive that's out of the way today, but not 20 years from now.
Utah/Wyoming/Nevada/Oregon/Nebraska....- mostly boring states, but that can be a good thing.
So list the top 3 cities and the major factors/reasoning behind them, if you were to buy land today for a retirement home location with 20+ years until retirement.
Here are some of my factors/reasoning
- Effects of climate change will cause more frequent storms and flooding in areas prone to either, along with other things like wildfires due to drought. (no need to debate climate change)
- Optimize low cost of living vs high quality of life in a given area - just because cost of living is a bit higher, it might be worth it to live in a good area
- Future taxes based on what we know now - can't predict the future too well, but a state like texas has high property taxes but lower income taxes, vs Louisian with the opposite.
- Proximity to quality medical care - getting old won't be too fun, so having good medical options nearby would be beneficial
- Assuming technology continues to advance where things like self-driving cars are a reality, solar panels can help you go off grid, wireless communication is easier and faster...this can really broaden horizons because you can live further out and still enjoy many conveniences of a city.
- Natural disaster risks (tornado's, hurricanes, flooding, wildfires, etc) - some areas are just naturally more prone to natural disasters, even absent climate change
- Good access to clean water supply not currently overtaxed - fresh water will be an ever important resource going forward
- Access to a close international airport - plan to travel, and having family visit me and me visit wherever I want to go without having to go too far, would be nice.
- Ideally, the cost of land in this area wouldn't be outrageous today.
So, for me, any coastal regions would be out. Cities in deserts would be out due to fresh water concerns. No desire to live in huge cities. Would want to buy land out from city to allow cities to grow out to me within a few decades. I prefer not to live in the south for political reasons, but also because it seems more reasonable to handle cooler weather than warmer weather going forward.
I'd probably start my search looking at midwestern states, or thereabouts, that are near airports, near mountains, but not overpopulated or huge attractions for people today.
Idaho - Boise perhaps.
Colorado - some place not incredibly expensive that's out of the way today, but not 20 years from now.
Utah/Wyoming/Nevada/Oregon/Nebraska....- mostly boring states, but that can be a good thing.