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Not all beachfront property has to cost an entireretirementfund, though.
Real estate experts weighed in on whichcities offer proximity to the waterwithout costing an arm and a leg.
Here are their picks.
This drop in value could be a market correction or reflecttemporary market conditions.
Its not a concrete sign that the area is losing value.
There is alsono income tax, which helps lower costs even more.
Theres also areally fun arts and culture scenefor retirees looking for a bit more excitement.
Norfolk, Virginia
Virginia does not tax Social Security benefits, which is good news for retirees.
However, thats not necessarily bad news.
This value is up almost 4% from last year, he noted.
The waterfront is amazing with beaches, boating, fishing, snorkeling and just beautiful.
Most of all its a step below in pricing of what Palm Beach County has become.
Lichtenstein also highlighted that Stuart offersgolfing communities and lotsof nearby healthcare options for retirees.
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