Where and Where NOT to Retire-Real Estate Trends NC

Many seniors have found themselves disappointed when they retire to a new area, even one they used to love for vacations. Retirees are increasingly turning against the traditional retirement haven, Florida. Some find the heat too brutal in the summer. Plus, the state is home to so many elderly that the early bird buffet culture can make people feel older than they are.

Clearwater, Florida: Too Many Fellow Seniors This Tampa Bay area hamlet has the highest percentage of seniors of any city in the United States.

The 2000 Census found 21% of Clearwater’s population was 65 or older, the highest of any city of 100,000 or more. Floridians as a whole are 17.6% seniors, compared with 12.4% for the United Sates as a whole. With 3.6% of its population 85 and up, Clearwater also has three times the national share of that age group.

The graying of Florida is just one reason many retirees from the Northeast sometimes abandon their first retirement destination for somewhere mid-way up the coast. These “half-backs” are increasingly turning to the Carolinas, fleeing the bland culture, extreme weather, and high real estate and homeowner’s insurance prices of Florida.

The 'Half-Back' Retirement
Many northerners retire to Florida only to find it too hot, clogged with traffic, too expensive and a cultural wasteland. But they don't want to go back to winters, so they go halfway back, retiring in the Carolinas, where both temperatures and property prices are milder.


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