(Forgot to mention the beer there.)
Posted on 09/16/2020 9:31:20 PM PDT by nickcarraway
Dear MarketWatch,
I have five years until I retire. I have a nest egg of $1 million and will also have a monthly military pension of approximately $6,000, and Social Security on top of that.
I like cycling 60 miles a day and want to retire in a place that is known for good, safe cycling. I hate hot humid weather and don’t want a lot of snow. I love craft beer. And I would prefer a place with limited or no income tax on a military pension.
Where should I retire? Fort Collins, Colorado, and Asheville, N.C., seem like good places, but the cost of living in Fort Collins seems above average, and I am told Asheville has a lack of housing.
What other places should I consider and how do they compare with the two locations already mentioned? My wife likes the sound of “the Hill County in Texas,” but she knows the heat is bad.
Dear Charles,
The Fort Collins and Asheville areas sound lovely. And popular places tend to be more expensive — that’s just the reality of supply and demand. If that’s where you want to be, the trade-off might be as simple as a smaller house/condo/rental.
You also could seek cheaper housing a bit further from these two cities — Greeley, Colo. (don’t believe everything about the smell), or Hendersonville, N.C. (recommended here), for example. Or what about Raleigh-Durham, with the American Tobacco Trail as the trail network’s spine? You’d have to accept more humidity with that one, however.
I started my search by looking at the League of American Bicyclists’ bicycle-friendly communities. Five, including Fort Collins, are platinum. Housing in only one is cheaper than Fort Collins, but I don’t think you’ll appreciate the snow in Madison, Wis. I ruled out Davis, Calif.,
(Excerpt) Read more at marketwatch.com ...
Simple do as I did, move to East Texas. Sam Houston National Park has lots of bike paths. Personally I’m too old for biking. But hey whatever
Arcata California...
Arcata California...
My first thought was Madison WI.
But the winter can be pretty harsh. And I think WI taxes are higher than average. I do know that Madison is very VERY liberal.
Professional is correct, check out one of the smaller towns in South West/Central Utah. You would really love it here.
Arvada, CO is nice. And its soil is so clean it’s been used as a Pb (lead)-free reference material.
Depending on the state it might not be state taxable but is, I assure you, Federal Taxable.
$6000 a month means he was probably full colonel at minimum.
You would be right at home in Colorado Springs. If you have any questions i would certainly be happy to answer them, just FReep mail me. I am also a vet.
South Dakota has caught my eye recently. Any Freepers live there?
Sierra Vista AZ
I lived in Arvada off of Ward road in the late 70’s, it was a great place to live back then.
When you reach senior officer status the pay is not bad. Of course there are only about 5000 slots in the Army so you had better be darn good to reach that high.
And of course if you take those same skills to the corporate world the pay gets a lot higher, your benefits improve and it is really rare that anyone shoots at you.
Um, Charles? Are you married?
I’m an attractive woman, at least they tell me.
;)
Yes, I was just going to say...bicycle away, but watch out for the poop.
Human, dog , cat, probably raccoon...etc.
<$6,000 a month in retirement, and it’s likely not taxable.>
wow indeed, I worked 45 years in private industry and my pension is less than half that
to your question-look at Boise ID, eagle pt
Phuket Thailand
fun fun fun
My brother loves it there, but his wife is from Lufkin and his F-in-L was a retired CMSGT. He is always saying good things about BAMC (Brooke Army Medical Center). They pronounce it Bam-See. They have more active duty and retired military there than probably any other place in the country so they know how to keep them happy.
Key West.
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