In recent years, more and more 55 and Older couples are finding Tennessee to be the place of choice when considering cities for retirement. The reason most cited is that the quality of life is high while the cost of living is low.
For so many years, Florida was the state of choice with its balmy weather and endless miles of beaches. With the cost of insurance from the many hurricanes and the high property taxes, many discerning adults are looking to the southeastern states. Tennessee becomes a great choice because of its mild climate, natural beauty and urban conveniences.
Retiring in Tennessee should be considered for some very specific reasons. Taxes being one of the first. There is no state income tax. Tennessee has no state property tax. These taxes are determined by the counties and local governments and are generally lower than many parts of the United States.
The Council for Community and Economic Research (C2ER) rates the cost of living in Tennessee 10 percent less that the national average. This means your retirement money goes farther.In June of 2006, Kiplinger's survey showed that their readers reviewed the 50 smartest places to live, Nashville was in 1st place!
Retiring in Tennessee lets one live in a central part of the country. Tennessee borders 8 states and is within 600 miles of 70% of the country. This means that retirees can be closer to friends and family all within a days drive.
For those who love the outdoors, Tennessee has an abundance of recreational opportunities. From the majestic Smoky Mountains in East Tennessee to the many rivers and lakes throughout the state. Tennessee has 54 state parks and Nashville boast miles and miles of paved greenways for walking and biking.
And don't forget this is Music City! Any and every type of music is available on a daily basis. From the bars in Printers Alley to the Nashville Opera or the Nashville Symphony. Other cultural venues include the Frist Center for the Visual Arts, Cheekwood Botanical Gardens, Grand Ole Opry, Tennessee Performing Arts and the list goes on and on!
Retiring in Nashville TN means you are close to some of the finest medical facilities in the nation. Weather it's Vanderbilt or St Thomas or the many in between, Healthcare in Nashville is one of the top industries of the city.
Nashville TN Retirees and also find some of the most sophisticated shopping. Tiffany and Louis Vuttion opened shops recently in the Green Hills Mall. Nordstroms is supposed to open in the fall of 2011.
Finally, there are many wonderful Active Adult Communities in Nashville TN!
Put all of these ingredients together and it's no wonder people want to Retire in Nashville TN!