Retirement in California

 

Overview

Dream of spending your golden years in one of the most glamorous locations on Earth? Then plan your retirement in California! From the soft sands of Coronado Island in the south to the rolling hills and lush vineyards in Napa Valley, there plenty of ways to enjoy life after work. There are sunny coastal locations and snowy mountain peaks, providing options for retirees in search of almost any environment to call home. No matter what your goals or interests, you can find some place to fulfill them here. After decades on the job, you may feel like a western rush of your own – and California is a great place to go.

How about settling in California?

If you plan to move to one of the most talked about places in the US, come to California. The state has a wonderful climate, excellent facilities, and a host of attractions. If you want, you can sell your old house and settle in one of the retirement homes in California.

 

Pros

Numerous Attractions

There are an unbelievable amount of things to do in California. With four of the fifteen most populous cities in the country, there are all sorts of cultural experiences to be had. A vast number of nationalities interact and produce delicious cuisine, beautiful art, and excellent shows. On top of that, there are stunning beaches and gorgeous redwood forest to occupy your time. When it comes to filling up your free time, there is an embarrassment of riches.

 

Cons

High Cost of Living

With all that scenery and cultural opportunity, it’s little wonder that so many people want to live in the Golden State. The high demand for housing creates an average home price ($320,000) that is nearly double the national average, though it is possible to find more reasonable prices in rural areas. That said, there are no state programs designed to attract retirees, meaning the tax burden is the same regardless of age – a major difference with more traditional locations like Florida and Arizona.

 

Cost of Living:

The above table shows the percentage fluctuations in expenditures incurred in California, as compared to the nation’s average, which is taken as 100%.

Considering the glamor and the hype connected with California, the cost of living is not that high. This is an open truth that housing is bit expensive from many other states, but do not miss out the prospect of living in one of the happening zones of the country. The cost of utilities is below the national average and the cost incurred in transportation and health care is a little above what you pay in other states.