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Retirementtakes careful planning.
The last thing you want to do is run out of money in your 70s or 80s.
In this article, well explore some cheap places to retire across the US that look expensive.
Retiring in your dream state doesnt have to come with a high price tag.
Moving just 20 minutes outside the city can give you everything you need without pinching pennies during retirement.
The average monthly rent for a 2-bedroom apartment is$1,080a month.
If you choose Syracuse as your retirement destination, expect to pay high New York income taxes.
Lowering your housing costs can help you set aside more money for tax time.
Fresno, California
Do you like to sit by the ocean?
How about hiking, biking, or beach walking?
If so, Fresno, California, might be a contender on your retirement list.
If you are looking to purchase a home, the median price is around$360,000.
Mountain View is a small town 200 miles southeast of Honolulu.
Housing isnt the only expense you must consider during retirement.
North Adams is an independent town in Berkshire County 45 miles southeast of Albany, New York.
This little town has a cost of living4.1%lower than the national average.
Even more astounding is that the median home price is57.9%lower than the national average.
North Adams does experience all four seasons.
If you are looking for year-round sun, this might not be the retirement destination for you.
Yakima, Washington
Have you ever considered retiring in Washington?
Are you put off by the high cost of living?
Yakima might be the solution.
Moving to Yakima doesnt mean you are precluded from city life.
Yakima is 100 miles northeast of Portland and 60 miles southeast of Mount Rainier.
The Bottom Line
Where are you planning on retiring?
Have you ever considered these options?
To determine which city is the best place for you, stay a week there!
After a week, you should have a feel for the community, activities, and lifestyle.
Soft launching your retirement helps solidify your decision and makes the move easier.
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