If you are looking for the perfect place to move to after retirement, you must consider Nashville, Tennessee.
Everyone wants to retire somewhere nice after years of hard work. Once you retire, you have to live on a limited income while making sure you are living your best life during your golden years. The place you choose to retire has to have all the necessary amenities available but still a lower cost of living, taxes, good healthcare, etc.
A recent report by US News & World highlighted Nashville, Tennessee as one of the top places to retire and for a good reason. The city has beautiful outdoors, mild climates, the best amenities, and many other reasons why a retiree would want to live out their golden years there.
Are you still wondering whether to move to Nashville after retirement? Here are the top reasons why you should consider retiring in Nashville, Tennessee.
While the northeastern parts of the US have harsh, unforgivable winters, the south has unbearably hot summers. This makes the outdoors unavailable to people during some parts of the year. Nashville can be considered part of the “Goldilocks Zone” of the United States.
The city has four seasons, yet none of the seasons sees any extremes. The average yearly temperature is 70°F. The winters are mild, and the temperature rarely drops below 27 degrees Fahrenheit. The summers are less hotter than the southern states, with temperatures hardly rising above 84 degrees Fahrenheit.
This means that you get to enjoy both the winter and summer days and experience the seasons changing without getting whiplash from any season.
As a retiree, you will want to experience fresh air and the great outdoors, so living in Retirement Senior Living Apartments or in an assisted living facility like Heritage Woods Senior Living where the weather is tolerable is a massive perk. There are plenty of indoor and outdoor activities in Nashville for senior citizens, and living there means you can partake in them anytime you want!
The cost of living in Nashville is slightly above the US average, only 1.4 more than the national average indices. This might seem higher, but it is a lot less than other popular places in the US like New York City, Los Angeles, Boston, etc.
The cost of groceries is $102 and only 2% above the national indices. This means that residents pay anything between $168 to $352 for groceries. The cost of utilities is around 0.7% lower than the national average. This means you will pay a lot less for utilities than you would have to pay in many other parts of the country.
If you are thinking of your elderly parents’ healthcare and welfare and wish to place them in trained hands in a well-reputed assisted living facility like Palm Vista Senior Living: assisted living Community in Palmdale, CA, there are plenty of options available. The average monthly cost of such facilities is around $4500, which is only $500 more than the national average. Visit this site for more information on senior living communities or check it out here.
You can find affordable housing in Nashville. The cost of housing is around 113.3, around 13.3 % above the national average. The average cost of rent can range from 1029 to 1885 dollars per month.
Many people move to Nashville every year due to changes in jobs, attending college, retiring, etc. The amenities, climate, etc., makes Nashville an attractive place to live, which is why those who move hardly ever move out.
This has recently increased housing prices by 26%. The average cost of housing is around $404,945, which is a lot better in many other lucrative cities in the US.
This is the best time to move there as experts have forecasted that the housing prices might increase more in the future. So, whatever real estate you buy, you can expect a possible increase in its value in the future, if you have not yet choose where to buy, Lentor Hills Residences is located near a medical center like Ang Mo Kio Thye Hua Kwan Hospital is just a just a stone’s distance away. This means that if you ever wish to sell the house you are buying now, you will be selling at a higher price.
Nashville is cited as the 2nd most tax-friendly major city in the states. For starters, there is no income tax in Tennessee, which makes it easier for people who live and work there before retirement to save up for their golden years. The property tax in Nashville is only 0.74%, which is another great perk of owning real estate in the city.
The best part about Nashville regarding tax rates is the fact that they have no capital gains tax on retirement funds. This means anything from 10 to 20 percent of your retirement funds are safe and there for you to spend!
A retired person already lives on a limited income, and when that gets taxed, it can be difficult to reserve money to spend on luxuries or recreation. But if you live in Nashville, you can easily do that as your retirement fund is not getting taxed! Know more about retirement planning here.
Being outdoors and breathing in the fresh air can be a necessity for a retiree to maintain their health. There are around 109 parks within Nashville! So, whether you like walking, jogging, running, or simply taking a stroll in the park, Nashville is the ultimate place to live.
Having parks close means you can get some alone time in nature or even have exercise outings with your family. This will not only keep you healthy, but it will also strengthen your family bonds. You can also have picnics in the sun, or spend some time playing with your grandchildren at the parks.
If you are a nature lover looking for a deeper adventure, there are many state parks and nature preserves in and around Nashville. You can see many native trees, birds, animals, etc. in their preserves. The Cumberland River runs through Nashville, and there are many great lakes as well. So, if you enjoy being in nature, you are in for a treat. You also have the mountains that create a picturesque backdrop for the city.
As we age, our bodies become weaker. You can need good quality healthcare anytime. Hence, good hospitals and physicians should be within reach, wherever you choose to retire. Nashville has a great reputation for its hospitals and healthcare centers, making it ideal for retirees.
Many people travel miles to come to Nashville for healthcare. With Vanderbilt University Medical Center rated as one of the top twenty medical institutions in the United States, the centre has a great reputation for providing the best treatment for different specialties. Other medical centers like Cleveland Clinic, Mayo Clinic, etc., are also quite popular.
Did you know that Nashville is called the Athens of the south? This is because it has gained fame due to its great education standards. Taking that title further, it has created a full-sized replica of the Parthenon. The majestic building has been turned into a museum, but it does have a gigantic statue of Athena(covered in gold leaf!). There are a handful of museums and art galleries you can visit to get a taste of Nashville culture. However, the heart of Nashville lies in music.
Nashville is the undefeated center of country music. The city is famous for its weekly concerts and music festivals. From underground artists that play every night in music bars to famous country stars like Taylor Swift, Dolly Parton, Billy Ray Cyrus, etc., Nashville is the home of country music. If you enjoy live country music, you must consider moving to this city!
The eating and drinking culture in Nashville is top-notch! From the Nashville Hot Chicken to delicious southern barbecue, the music city is a heaven for meat lovers!
The city is also famous for its “honky tonk” culture, so if you love good live music and a round of drinks with it, Nashville is the perfect place for you. The live music shows, concert halls, dinner shows, etc., are always live with tunes, and you will find plenty to do in the city.
The city has some sensational bars, great for social drinking. With the pool of retired residents, you will meet plenty of people to socialize with. Nashville is its country hospitality welcomes new residents with open arms!
Lower taxes mean more money to spend on shopping, and Nashville is the perfect place for this. You will find shopping strips after shopping strips to shop till you drop in the city! There is no lack of recreational activities in the city; all you have to do is move there and discover all the wonders it has.
If you plan to retire somewhere nice, you must keep Nashville as one of your top options. The city has excellent amenities and great options for recreation. You will get the chance to breathe fresh air and be one with nature, while also having all the facilities a city life can offer.