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Topic: Where To Retire?

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FearlessF

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Re: Where To Retire?
« Reply #28 on: November 26, 2025, 10:57:04 AM »
Good chance I'll simply stay here in the great white north when I retire

been in this "starter" home for 36 years, it's suitable for the elderly.  (All on one level)  
7 miles from where I grew up.  Not much family left, but plenty of friends.

I can just "visit" places down south from Mid-December to Mid-March.  A week or two at a time.

It's between my daughters - 4 1/2 hours north to Minneapolis and 2 1/2 hours to Lincoln.  (That could change if/when they move)
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

betarhoalphadelta

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Re: Where To Retire?
« Reply #29 on: November 26, 2025, 11:07:11 AM »
2 places, one in the phoenix area and the other near the ocean (can't be California, since a million dollar wouldn't get you near the ocean).

Which is why we are renting a place in Maine walking distance to the ocean for a couple of months next year to see if that is what we really want.

BTW can't do Florida, humidity is way too high.
Not sure why you'd need two places incl. one in Phoenix if one of them isn't someplace like Maine where it's cold... 

The thing that we often forget about when we think of retirement is... You don't need to live somewhere that you have to consider your job!

A place I'd be interested in would be the central coast of CA. As an example, here is from Zillow, 3bd/2ba or higher, single family homes, max price $750K, centered around the Paso Robles area:




It's not walking distance to ocean, of course... But Paso Robles is a more vibrant town in its own right, with great dining options, lots of wineries in the area... I could absolutely see us retiring in Paso. It's not cold enough in the winter that you need to leave, and although it can get a LITTLE toasty in the mid-summer, it's nothing like Phoenix where you'd be hating life every day either. 

And this one in Morro Bay is cozy, walking distance from the ocean, but needs a reno badly... https://www.zillow.com/homedetails/466-Zanzibar-St-Morro-Bay-CA-93442/15439625_zpid/

FearlessF

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Re: Where To Retire?
« Reply #30 on: November 26, 2025, 11:08:50 AM »
unfortunately, still very expensive since it's in Cali
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

SuperMario

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Re: Where To Retire?
« Reply #31 on: November 26, 2025, 11:09:42 AM »
Good plan. Having spent my first 12 years in Cleveland and being in Florida now, I can attest to your thinking.

Not sure how close you are to action, but now is actually a good time to buy on the gulf coast.  House prices have come down and it is definitely a Byers market.  Insurance is only crazy bad if you’re right on or very, very near the water 

I live on the opposite coast, which I think is also beautiful and has better beaches.  But the golf side is friendlier and people are kinder because it’s the I 75/4 and most of the folks over there are from the Midwest. I live on the east side which is the I 95/4 and most of the folks over here are from the north east.    They are definitely not as friendly and welcoming, but I just work through it lol
First and foremost, congrats on being a year away! Man does time fly. I feel like it was just yesterday talking about how you had to be a Michigan dad. Our family we took a different timeline and restarted the timeline. Our two youngest are 3 and 1 so I’m a good ways away now. We built a new house when Covid first started with the mindset of if we’re always stuck inside what does it need to be like so outside the weather, like right now, we are living a pretty dreamlike setup at home. Our timing was great because we had contract before the Covid explosion in housing prices. It’s crazy to see the price/quality difference in the current new builds vs 4 years ago.

we had good friends that moved to West Palm for 5 years and we loved the area and hated any sort of highway travel from the traffic. East coast has some really nice areas but we fell in love with gulf side, Naples, Bonita Springs and visit it at least yearly.

we just got back from Savannah and stayed on Tybee Island last week. Was shocked how much I loved that area as well. First time ever doing an Airbnb and really connected with the owner and his family so we may have to work that into the mix. So short term it’s multiple trips in the winter months because I love the schools in the suburbs of Cleveland. Very fortunate. So it’s a sacrificial move for the kids while keeping sanity of the winter weather.

Cincydawg

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Re: Where To Retire?
« Reply #32 on: November 26, 2025, 11:10:30 AM »
One can save a lot of money living in a lower cost place and then traveling with the dollars not spent on some luxo condo somewhere.  The weather at lower cost placed is usually fine for 5-6 months out of the year.  Get nearish a reasonable airport.  Figure the things you enjoy doing, golf, bridge, concerts, whatever.  But walk a lot.

I had this discussion on line with a coworker a while back, he's a high level VP now retired, money for him would not be an issue at all.  And he's very smart, a Purdue grad and patent lawyer.  He doesn't play golf.  I should call him now that he's retired, he told me he has kids and grandkids in the Cincy area and probably would stay put.  Another good friend is French but lived in Cincy six years in a nice place, was CEO of a pretty large company there, neat guy.  He returned to France because of grandkids.  He told me he would prefer otherwise to stay in the States.  They own a nice house in a small village about 100 km outside Paris.  He doesn't like how France is changing, but he's kind of stuck.

In our case, our kids are scattered, mostly on the west coast now, but one in C-bus and one in France.  They come here sometimes, we go there, etc.  We have a large airport 10 miles to the south of course with a subway link.

My wife has a few places she likes to revisit, Hawaii being one.  I'm encouraging her to be more adventurous, and she's amenable mostly.  She has old friends all over Europe she wants to visit.

One thing we did before moving here was travel around the US a fair bit and ponder if living HERE would work, we looked for condos and houses and various and sundry, Vegas, Austin, Jacksonville, Tennessee, California, North Carolina ...  I was maybe overly concerned with taxes, but it worked out.

847badgerfan

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Re: Where To Retire?
« Reply #33 on: November 26, 2025, 11:21:23 AM »
One of my good friends just sold in Bonita Springs to move to Punta Gorda.
U RAH RAH! WIS CON SIN!

SFBadger96

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Re: Where To Retire?
« Reply #34 on: November 26, 2025, 11:39:13 AM »
Our plan is to stay right where we are. We live entirely on the first floor of our house, it's a walkable neighborhood, with groceries, restaurants, and a good wine shop in walking (and very easy cycling) distance, and a major international airport is a stone's throw from us. Oh, and the weather is nice year round.

Given the cost of living here, we're fortunate that we bought our house when we did, and that we will have paid the lion's share of the mortgage while we are making good money.

Our kids will not likely come back here--too expensive (frankly, I don't want the pressure of making that kind of income for them)--but we love to travel, and hopefully they will live somewhere relatively easy to fly to.

One of my relatives has several times long-term rented her house to people doing remodels in town and used that money to travel for months on end. Would love to do that. Thinking about a year in Spain, and a great big road trip around the U.S. (north in the summer and fall, south in the winter and spring).

Of course, life throws curveballs, so who is to know what will actually happen, but we're getting within spitting distance, and things seem to be lining up ok.

betarhoalphadelta

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Re: Where To Retire?
« Reply #35 on: November 26, 2025, 11:40:52 AM »
unfortunately, still very expensive since it's in Cali
Sure, but it's all relative. Incomes are high out here, so it's easier to amass the sort of nest egg necessary to afford someplace like that. 

The harder bit would be budgeting to also include all the wine :57:

OrangeAfroMan

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Re: Where To Retire?
« Reply #36 on: November 26, 2025, 12:10:20 PM »
You could always live in the Philippines for like $700/month, all-in.  There's infinite beaches and beautiful nature, tiny, traditional women, and they all speak English.

Probably not a great place to retire with a wife, though, lol.
“The Swamp is where Gators live.  We feel comfortable there, but we hope our opponents feel tentative. A swamp is hot and sticky and can be dangerous." - Steve Spurrier

Cincydawg

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Re: Where To Retire?
« Reply #37 on: November 26, 2025, 12:23:50 PM »
345 Live Oak Dr, Angels Camp, CA 95222 | MLS #202500846 | Zillow

Pretty nice 3 bdr in CA for a bit over half a mil.  As I said, I liked this area, wine country, mountains, interesting history.  I pondered it except the state income taxes.  I mused about moving to Florida and renting a place for a year and coverting all my IRA to regular at one go and then moving to CA.

FearlessF

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Re: Where To Retire?
« Reply #38 on: November 26, 2025, 12:33:22 PM »
Sure, but it's all relative. Incomes are high out here, so it's easier to amass the sort of nest egg necessary to afford someplace like that.

The harder bit would be budgeting to also include all the wine :57:
agreed, but we're talkin bout retirement on a $1 million budget
"Courage; Generosity; Fairness; Honor; In these are the true awards of manly sport."

betarhoalphadelta

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Re: Where To Retire?
« Reply #39 on: November 26, 2025, 12:39:13 PM »
Not bad. I don't know that area much at all, but you're only about an hour from Sacramento, within driving range of the Bay Area and Tahoe (and a longer drive, but SoCal), and it would be nice to be near the Sierras. Probably gets a little toasty in the heat of summer, but not like Phoenix or the SoCal Inland Empire area...

That's quite a nice house at a pretty decent size for that kind of money. I'd probably look for something equally appointed but smaller if I were retiring. I know it's important to have guest rooms at that stage of life, but I'm not sure I'd need that square footage.

betarhoalphadelta

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Re: Where To Retire?
« Reply #40 on: November 26, 2025, 12:41:04 PM »
agreed, but we're talkin bout retirement on a $1 million budget
Fair, but Sam's original statement was up to $1M to buy a place, not your total nut. Not that you necessarily want to spend it all on the house--anything you save can be used for the rest of your retirement. But I took it as that's the max you're willing to spend on a property. 

Cincydawg

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Re: Where To Retire?
« Reply #41 on: November 26, 2025, 01:00:27 PM »
My wife wants guest rooms.  You know how often we use them?  Not very.  Cheaper just to pay for a hotel every so often.  We do have a 3 bdr, two offices generally, occasionally someone sleeps in them.

That area of CA is high enough elevation to have reasonable summers.  And you could snag a place further up that would be cooler still of course if you want mountain living.  I looked at housing when we stayed there and it was pretty reasonable I thought.  There is the nearby town of Murphy which has 20+ wine tasting rooms in it.

Murphys Wineries: A Charming & Historic Wine Tasting City - WWP
Murphys Wineries: A Charming & Historic Wine Tasting City - WWP

https://weatherspark.com/y/1338/Average-Weather-in-Angels-Camp-California-United-States-Year-Round

 

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