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Retirees moving to cooler climates

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Monday, September 17, 2012

Instead of Florida or Arizona, retirees are increasingly moving to colder climates, such as Medford.

"Boomers and retirees these days are considering a much wider range of destinations for retirement, often choosing states that don't commonly come to mind, such as Maine and Montana," said Mary Lu Abbott, editor of Where to Retire magazine. "Yes, the Sun Belt remains popular, but many people prefer a four-season climate and enjoy the changing of seasons. They seek towns that are safe and have active, appealing downtowns and good hospitals nearby, and increasingly they're looking for places with a lower cost of living and lower overall tax rate."

With baby boomers now reaching retirement age, they're looking for places that are walkable with good restaurants, volunteer opportunities and perhaps college courses they might be able to take, said David Savageau, author of "Retirement Places Rated," now in its seventh printing. They're also looking for places with familiarity, where they've visited on vacation or perhaps spent summers as a child.

Read more at OregonLive.com.

{biztweet}retire medford{/biztweet}

 

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