By SeniorHomes.com.
One of the most exciting aspects of preparing for
retirement is having the freedom to choose where to call home. Your
place of employment no longer is the deciding factor for your
primary residence. Instead, you may focus on relaxation, amenities,
and other factors to contribute to your overall happiness. But with
so many options to choose from, where should you look to spend your
golden years? While every choice is an individual onesuch as
whether you want to spend your time on a beach or exploring a
citythe city of Boston offers much to be desired. History,
accessibility, entertainment, and culture offerings with all the
charms of New England are key factors in why retirees choose to
call Boston home. What’s more, Massachusetts is considered
tax-friendly for retireeswith income from Social Security and most
other sources of retirement income being exempt from taxation. The
Massachusetts estate tax has an exemption of just $1 million, among
the lowest in the United States.
Need more convincing? Below, find the top reasons why
Boston is an ideal place for retirees.
History and Culture Abound
Retirees who love history will find the activities in
Boston are near-limitless. From prehistory to the American
Revolution to iconic TV shows like Cheers, the city has always been
a hotspot. Even the neighborhoods within Boston have their own
historical significanceincluding Roxbury, known for its rich
African-American culture, and the famous Boston Harbor. In
addition, the Boston National Historic Park has several sites
dating back to the American Revolution, including the Bunker Hill
Monument, where the first battle of the revolution was fought, and
the John F. Kennedy Presidential Library, housed in the University
of Massachusetts campus in Boston.
Best of allthese cultural gems are highly accessible
for retirees. Downtown Boston is considered a Walkers Paradise, and is
safe and accessible from all surrounding communities via the MBTA
subway, Bostons mass transit system.
A Mecca for Healthcare
Health needs typically change and become more complex with age.
Boston is home to some of the worlds most elite medical systems,
bringing peace of mind to any retiree. Massachusetts General
Hospital, Brigham and Womens Hospital,
and Tufts Medical Center are just
a few of the citys healthcare offerings.
Vast Array of Senior Living
Options
For some seniors, downsizing and buying small homes in
retirement is a great option. For others, other senior living
options available to retirees in Boston.
Buying property in a retirement community, also called
a 55-plus community, is a viable option for healthy seniors that
want to remain independent, but would rather not continue to
maintain their own property. Retirement communities additionally
offer an opportunity to establish new friendships and pick up new,
exciting hobbies in the transition into retirement.
Another option is to move into an assisted living
facility, which is a great choice if you need or expect to need
assistance with activities of daily living. In Boston, there are
many top rated senior living
communities in the immediate metropolitan area, and
more in neighboring cities. These facilities cost an average of
$5,850 per month, which covers the cost of assistance with health
and daily routines.
Planning your retirement journey in Boston is not
something you have to do alone. If youre looking for a reliable
realtor to help you along the way, Gibson Sothebys International
Realty will optimize your search and support you
through every stage of finding a new home.