Texas is a tax-free haven and retiring in Texas is the best choice you can ever make. It is the second largest state in America and has plenty to offer. Made up of several popular cities and suburbs like Houston, Dallas, San Antonio, Austin and El Paso, it has been voted the top 10 best cities in America to retire. With low crime rates and renowned hospitals and doctors, you can be sure Texas is a senior-friendly state.
In Texas, you will be awed by the breathtaking and Instagram-worthy scenery. There are also ample employment opportunities making it attractive and convenient for those who wish to relocate. Since no personal income and property taxes are levied by the state, Texas is one of the most desirable places to live in. Learn more about the benefits of living in Texas after your retirement!
Lower Cost of Living
If you are a home-owner who is mortgage-free and aim to retire by relying solely on your social security benefits, the lower cost of living in Texas will likely appeal to you. Being a tax-free haven, you would be able to stretch your dollar as a retiree living in Texas.
To get more bang for your buck, you may wish to consider settling down in The Woodlands, a city that is 30 miles north of downtown Houston. The Woodlands has a population size of approximately 118,000 and a land size of 113.7 km2. It is accessible to all the city conveniences yet exudes a suburban feel. Commuting from one place to another does not take long and as a retiree, you’ll get to enjoy reduced fares on public transportation. If you are an art enthusiast, The Woodlands offers many arts and culture venues that organize events with free admission.
Close to Nature
The Woodlands is a forestry enclave with an abundance of gardens, parks and recreational spots where you can spend time in nature. There is no better way to maintain good health and spirits than to explore the idyllic natural surroundings.
Plenty of Amenities
The Woodlands Waterway is a 1.8-mile waterway in the town center that connects The Woodlands Mall, Market Street as well as The Cynthia Woods Mitchell Pavilion. This spectacular waterway houses amenities such as business centers, shopping malls, restaurants and entertainment and recreation venues. You can attend concerts, rent kayaks and enjoy an afternoon on the water or sample different cuisines.
The town center is accessible on foot, by boat as well as by trolley. You can enjoy free rides on the Waterway Trolley that shuttles within the city center with drop-offs at popular locations such as The Woodlands Mall and Hughes Landing.
Planning for Your Retirement
To enjoy life after retirement, early retirement planning is absolutely necessary. For many of us, it is a balancing act between maintaining the lifestyle that we want and stretching every dollar we have. Other than building a nest egg, you should also consider the kind of life you would like to lead in your golden years. If you are thinking about moving into an Independent Living community in The Woodlands and would like to find out more about the costs involved, we can help. Reach out to us today!