I just came across this recent article over at Money.com about places that you could retire on the water without spending a fortune and figured I would share it with you guys. If you have any thoughts on any of these please, would love to hear about it in the comments!
Dunedin, FL – 20 miles west of Tampa, 3 bedroom houses go for around $200,000 and condos near the water range from $100,000 to $200,000. I know a lot of people love living in Florida, and my Aunt & Uncle do too, but I don’t know if I could deal with the threat of hurricanes through my retirement!
Beaufort, SC – Prices in old Beaufort start at $500,000, but nice houses in newer neighborhoods just 10 minutes away average about $300,000. Doesn’t seem that cheap if you ask me, and the humidity would kill me. I went to college in the south and remember it well…
Sequim, WA – This seems like a place I could live. Located two hours north of Seattle, Sequim offers a lower cost of living and for about $300,000, you can get a three-bedroom house.
Durango, CO – After living practically in the Rocky Mountains, here is another place I could see myself living in retirement. Sure, Colorado is not exactly on the ocean, but they have plenty of water – but typical three-bedroom home goes for $500,000. Ouch.
St. Joseph, MI – I have heard some great things about Michigan, as long as you don’t mind winter. Three-bedroom houses here within walking distance of the water typically cost only about $250,000, which makes this a very affordable place to retire.
Marble Falls, TX – Hot, hot, hot summers. But only 47 miles northwest of Austin and in the middle of a chain of seven large lakes on the Colorado River. With house prices averaging about $250,000 near the water, this is another very reasonable retirement spot.
So what do you guys think? Anyone live in or around any of these places? I always find it interesting what magazines have to say about lists like this compared to what locals have to say!