During your working years, you may have decided to cut the lengthy commute to move somewhere closer to your city-based place of employment. However, with work no longer dictating your life in retirement, you have the freedom to opt for the amenities of suburban life—including a respite from the traffic, noise and congestion that often accompanies city living. If the suburbs are calling your name, consider one of these 10 best suburbs for retirement, as outlined by a GOBankingRates study that took into account taxes, living expenses, retirement income and livability.

 10) Olympia Fields, Illinois

  • About: This Chicago suburb is home to Olympia Fields Country Club and boasts convenient public transportation and more than 140 acres of parkland. At the 2010 census, the population was 4,988.
  • Percentage of households collecting Social Security:7 percent
  • Median home listing price: $185,000
  • Website: Click here

 

9) Bermuda Run, North Carolina

 

  • About: A suburb of Winston-Salem, Bermuda Run attracts residents with its golf courses, vineyards and minor league baseball team. With a population of 2,610 in 2017, Bermuda Run residents enjoy a small-town atmosphere with big city amenities minutes away.
  • Percentage of households collecting Social Security:4 percent
  • Median home listing price: $167,450
  • Website: Click here

 

8) Dennis, Massachusetts  

 

  • About: This beach town is home to fewer than 1,200 households and is comprised of several scenic historic districts. It is located in between Nantucket Sound to the south and Cape Cod Bay to the north.
  • Percentage of households collecting Social Security:1 percent
  • Median home listing price: $362,400
  • Website: Click here

 

7) Plantation, Florida   

 

  • About: This Miami suburb situated among thousands of established trees features a host of attractive amenities including golf courses, parks, multiple recreation facilities, a thriving business community and more. It is home to approximately 2,700 households.
  • Percentage of households collecting Social Security:2 percent
  • Median home listing price: $329,250
  • Website: Click here

 

6) Pecan Plantation, Texas    

 

  • About: Pecan Plantation is an unincorporated gated residential community on the outskirts of Dallas, Texas. The community gets its name from thousands of mature pecan trees thriving in the area. Residents enjoy country club amenities, parks, commercial district and access to Lake Granbury and the Brazos River. Pecan Plantation includes about 2,500 households.
  • Percentage of households collecting Social Security:7 percent
  • Median home listing price: $279,900
  • Website: Click here

 

5) Sun City, Arizona     

 

  • About: Dubbed, “The Original Fun City,” Sun City is a designated 55-plus active adult community located outside of Phoenix. With more than 23,000 households, Sun City offers golf courses, bowling centers, fitness amenities and quick access to national parks and monuments.
  • Percentage of households collecting Social Security:2 percent
  • Median home listing price: $169,900
  • Website: Click here

 

4) Fairfield Harbour, North Carolina

 

  • About: Located across the river from New Bern, North Carolina, Fairfield Harbour is a gated golf and boating community. It is home to more than 1,500 multi-generational families and offers more than 25 active clubs, three marinas and a golf course.
  • Percentage of households collecting Social Security:4 percent
  • Median home listing price: $189,900
  • Website: Click here

3) Sunset Beach, North Carolina 

 

  • About: This beach town on the Brunswick Islands was named one of the 21 best beaches in the world by National Geographic. Residents indulge in golf culture, museums, nature preserves, fishing, parks and more.
  • Percentage of households collecting Social Security:4 percent
  • Median home listing price: $324,900
  • Website: Click here

 

2) Green Valley, Arizona   

 

  • About: A suburb of Tuscon, Green Valley is a retirement community with more than 13,000 households in the Santa Cruz River Valley. In addition to its eight public and private golf courses, it is known for its art scene, bird watching and hiking.
  • Percentage of households collecting Social Security:1 percent
  • Median home listing price: $198,990
  • Website: Click here

 

1) Timber Pines, Florida   

 

  • About: This private retirement community calls itself “The best kept secret in Florida.” A suburb of Tampa, it is home to more than 3,400 residences. Residents enjoy golf, tennis, heated pools and walking paths, among other amenities. Timber Pines tops the list of 10 best suburbs for retirement due to it having the highest percentage of households collecting Social Security income, the lowest median home price and the lowest cost of living among the places in the study.
  • Percentage of households collecting Social Security: 92 percent
  • Median home listing price: $159,900
  • Website: Click here

 

Consider making a move when you stop working full time to one of these 10 best suburbs for retirement—where you can stretch your dollar and enhance your quality of life!

 

For more retirement-related advice and insight, continue to follow Ty J. Young Inc.’s Retirement You Earned blog! To learn how you can maximize the amount of income you receive in retirement, call our knowledgeable Ty J. Young Inc. advisors today at 877-912-1919.

 

 

 

 

 

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