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Home Business Personal Finance

8 Great Places to Retire in New England

by GC Journalist
March 15, 2023
in Personal Finance
Reading Time: 20 mins read
8 Great Places to Retire in New England
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Franconia Notch State Park, New Hampshire
Winston Tan / Shutterstock.com

If you’re drawn to the vibrant foliage and rich history of one of the oldest regions in the United States, retirement in New England has a lot to offer.

New England’s ocean beaches, outdoor recreation, vineyards, and traditional foods like clam chowder, lobster, and maple syrup are big draws for retirees. But retirement benefits in New England are expensive, and so are state income taxes.

In fact, six New England states (Maine, Vermont, Massachusetts, Rhode Island, New Hampshire, and Connecticut) all rank in the bottom 15 in the “affordable” category. Bankrate 2022 Report About the best and worst places to retire.Vermont is still recent list Intrastate transfers are the most common, with Rhode Island not far behind.

Retirees moving to New England can find four distinct seasons and culture-packed cities and towns, plus still affordable pockets. If you can afford to be a bard, New England might be the perfect place to spend your golden age.

Here are some of the best places to retire in New England.

New Haven, Connecticut

Enfi/Shutterstock.com

population: 135,000

Home to Yale University, New Haven has a lot to offer to retirees looking for an urban lifestyle. Yale University Art Gallery.

New Haven has a famous Yale New Haven Hospital, so retirees cover many medical specialties. The average New Haven home price is a bargain for New England. $260,000well below the national average $329,000 — According to Zillow.cost of living 5.5% up National average.

Portland, Maine

Coast of Portland, Maine
Sean Pavone / Shutterstock.com

population: 68,000

Maine’s most populous coastal city, Portland, makes frequent appearances after retirement. destination Listed as one of the best in New England. Retirees have plenty to do in Portland’s bustling downtown. shop and store, including the main mall. The picturesque waterfront and nearby beaches welcome retirees and visitors alike.

Two teaching hospitals in Portland — Maine Medical Center and Southern Maine Health Care — each 2022 Top Teaching Hospital Provided by Leapfrog Group for healthcare quality and safety.

Retirees may want to budget for snowbird allowances during the coldest months. 12% higher than the national average.

Pittsfield, Massachusetts

pittsfield lake massachusetts
James Khakikis/Shutterstock.com

population: 44,000

kiplinger Pittsfield was named as one of the best places to retire in New England due to its affordability compared to Boston and Cambridge.What is the average Pittsfield home worth? $258,000 — Significantly lower than the average Boston home price $672,000according to Zillow.

Retirees can enjoy the stunning fall foliage and natural beauty of this small town in West Berkshire. Tanglewood Music CenterThe summer home of the Boston Symphony Orchestra is less than 10 miles away. The Clark Art Institute and the Massachusetts Museum of Contemporary Art are also nearby.

Consists of residents aged 65 and over about 20% of the population.Another plus: the cost of living in Pittsfield is approx. 11.5% drop than the national average.

Amherst, Massachusetts

University of Massachusetts
Feng Cheng/Shutterstock.com

population: 39,000

Great retirement spot Amherst was named as a great destination for retired academics looking for small-town country life that offers culture, history and recreational activities.But this former poet’s house Emily Dickinson Robert Frost has a lot to offer other retirees.

Located in the Happy Valley region of western Massachusetts, Amherst is home to the University of Massachusetts Amherst, Amherst College, and Hampshire College. The city has a university atmosphere and is full of cultural events. poetry reading Emily Dickinson Museum and Art Cinema, Yiddish Book Center and Eric Carle Picture Book Museum.

Retirees who crave the occasional big city life are only a few hours’ drive from Boston and New York City.

Laconia, New Hampshire

Laconia, New Hampshire
Jon Bills/Shutterstock.com

population: 17,000

Laconia’s lower-than-average cost of living, scenic location, and abundant outdoor recreation opportunities make the town attractive to retirees who enjoy small-town living.

Nicknamed “lakeside townLaconia is located on the Winnipesaukee River and borders Lake Winnisquam and Lake Winnipesaukee. state’s largest lake About 20 miles long and 12 miles wide. From its beaches to the nearby White Mountain National Park, Laconia’s natural beauty captivates outdoor enthusiasts.

Residents over the age of 65 make up about 21% of the population.The cost of living in Lakonia is around 5% drop than the national average.

Rochester, New Hampshire

Rochester, New Hampshire
Corey T. Burns/Shutterstock.com

population: 33,000

the home of Rochester Opera House and Rochester Art MuseumRochester has culture, craft galleries, antique shops, outdoor concerts, nearby beaches, long term agricultural fair.

Frisbee Memorial Hospital in Rochester “A” hospital safety grade The Leapfrog Group recognized our efforts to protect patients from preventable harm and errors.

cost of living in rochester 4.4% drop than the national average.

Providence, Rhode Island

Providence, Rhode Island house
Joy Brown/Shutterstock.com

population: 190,000

Located 50 miles southeast of Boston and an hour’s drive from Cape Cod, Providence has many attractions as a retirement destination. top retireesOne of New England’s largest cities and Rhode Island’s capital, Providence is home to Brown University and several colleges, and is a 95-minute ferry ride from Martha’s Vineyard.

With nearby beaches and riverside promenades featuring concerts by the Rhode Island Philharmonic Orchestra and performances by the award-winning Trinity Repertory, retirees can find plenty of ways to stay active and engaged. increase.

Burlington, Vermont

Burlington, Vermont
Erica J. Mitchell/Shutterstock.com

population: 45,000

Retirees looking for a city with a small-town feel, cultural and outdoor activities, pleasant summers, and breathtaking fall scenery will find it all in Burlington. Located on Lake Champlain near the mountains, winters can be harsh.

Author

  • GC Journalist
    GC Journalist

    As the in-house writer for GallantCEO.com I prefer to remain anonymous as I do not seek anything from my writing only the self gratification of writing for a good cause such as this.

    View all posts

Tags: EnglandGreatPlacesRetire

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