GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
Housing Costs Are on the Rise
Increased demand, higher prices.
He added that many retirees are drawn to areas just north of Atlanta.
Thats not what the active set wants, Manrique said.
They want ranch-style living.
Single-family homes are increasingly tough to land, as are properties with large lots.
You have to go further and further out, Manrique said.
In town, I dont know of any new developments of single-family homes.
Need Healthcare?
Atlanta also has 365 physicians per 100,000 residents, according to BestPlaces.
Thats well more than the national average of 210.
There are also no inheritance or estate taxes.
Georgia does tax withdrawals from retirement accounts, along with pension income, however.
Its a fun city, Manrique said.
It adds up to a good match for todays active adult population, he explained.
Todays retiree is an adventurer, more so, Manrique said.
They dont want what their parents had.
They are looking for new adventures.
There are drawbacks, however.
For people familiar with the city, the traffic may come to mind first.
Late last year,The Zebra an insurance comparison site ranked Atlantas traffic as the worst in the country.
Theres no secret about the traffic in Atlanta, Manrique said.
As with any city, there are benefits and drawbacks of living in Atlanta.
As always, be sure to trigger the numbers when you weigh potential retirement destinations.
More From GOBankingRates
Share This Article:
