10 Best Cities To Retire In South Carolina In 2023 - Retirable How much does it cost to live in a retirement community in South Carolina? The community surrounds single-family homes that range in size from 1,262 to 1,424 square feet. The CEO took a private plane, Disney accused in lawsuit of 'systematically' paying women less than men in California, Yellen addresses Essence Festival crowd, discusses economy, efforts to enfold minority communities, South Korea June exports fall for ninth month, trade balance swings to surplus, UPDATE 1-Hollywood faces possible second strike as actors' talks near deadline. Founded by the Quakers in 1751, this historic place still stands as Americas oldest inland town. Crime can be a problem in some parts of the state too. The space also provides an R.V. You may want to open a 529 college savings plan on your name to begin saving for your education here. It also hosts a range of events for your entertainment and hosts a number of clubs. 14 Carolina Oaks Avenue. 55+ Communities in South Carolina - The Retirement Net History buffs may be happy to retire in Georgetown, North Americas first settlement. K. Hovnanian's. This percentage is significantly larger than the 26% of the low and middle-income households who arent worrying enough about their savings. Some reviewers complained the HOA over enforced the rules and regulations. Median monthly mortgage cost: $1,175. And to stay active, you have six miles of walking and biking trails around you. Find a top real estate agent in your area to help you buy your dream home. 10 Best Cities to Retire in Georgia in 2023, 10 Best Cities to Retire in North Carolina in 2023, 15 Best Cities to Retire in Florida in 2023. Connect with a top agent to find your dream home. For those looking for big city amenities, Charleston is a 30-minutes drive away. Header Image Source: (Ivan Peric / Unsplash). Sun City Hilton Head Other reasons for people flocking to the coastal state include its large population of older adults, mild winters, affordable cost of living, and rich historical sites. Working with an adviser may come with potential downsides such as payment of fees If you retire there, you have plenty of retiree resources to access, including the Anderson County Senior Citizens Program. Best Places to Retire in South Carolina On a Budget - Movoto by OJO Price range: $400,000+. Ask our Retirement expert. And to keep your mind active, you can check out the Escape Zones, where you and a group of people are given cryptic clues in order to escape a locked room. Noteworthy nearby amenities or attractions: Most active adult communities have a set of rules that must be followed. Also serving communities of Daniel Island. It has been recognized for its vibrant city life blended with a hit of good-old Southern Hospitality. Winters are mild, summers are pleasant, and there are numerous activities to enjoy all year round. Also, it was voted the best hospital by Sun Today in 2020. CITY POPULATION: 13,436 Visit the Active Adult community, Del Webb at Grande Dunes Myrtle Beach. Web1. About: Del Webb at Grande Dunes Myrtle Beach is a low-maintenance resort-style active adult community with incredible amenities and beach access. Should You Hire an Agent Who Is a Seniors Real Estate Specialist? Enter a few details about your house and well provide you with a preliminary estimate of home value in less than two minutes. Her work has appeared on Money Under 30, The Motley Fool, MoneyGeek, E-commerce Insiders, and GoBankingRates. In fact, you can visit the historic Camden Revolutionary War museum. Best Places to Retire in South Carolina Categorized based on your preferences and interests, the South Carolina Retirement System allows retirees to enjoy their golden Houses aren't cheap either, with median home price stated to be $1.9 million by Realtor. 1. is registered with the U.S. Securities and Exchange Commission as an investment adviser. Or you can play a friendly game of tennis with your neighbors. does not review the ongoing performance of any Adviser, participate in the management of any users is registered with the U.S. Securities and Exchange Commission as an investment adviser. Of course, you also get to enjoy the Grand Strand, one of the longest sections of beach on the planet. Location: Hilton Head Island The riverfront city of West Columbia is one of the best places to retire in the South. Find out if the board and its members are competent, effective, and civil. SHARE OF POPULATION 65+: 17.9% 5. Newberry, a suburb of Columbia, has the highest concentration of adults 65 and older. In addition, your home options include 1,000 square-foot villa townhomes and custom single-family homes that provide as much as 4,000 square feet of living space. It is often hailed as one of the friendliest cities in South Carolina. On the other hand, retirees who prefer a laid-back lifestyle can choose to retire in the South instead. Photo credit: iStock.com/Craig McCausland, iStock.com/RiverNorthPhotography, iStock.com/bauhaus1000. Four Seasons prides itself on the no-maintenance, resort-style luxury that its community members enjoy. You can do so through a health savings account (HSA). Learn about what life is like in the neighborhood. However, every state comes with its fair share of disadvantages. This opens the door to perfect opportunities to get to know like-minded people and make new friends. The coastal community is close to Myrtle Beach and Sunset Beach and offers on-site golf, pools, a fitness center, and a clubhouse. PER CAPITA INCOME FOR POPULATION: $25,570 Youd also be able to stay active on the tennis and pickleball courts. Nature lovers would be happy to know Savannah Lakes is surrounded by popular state parks, parks and waterways. The community sponsors several clubs including one devoted to movie buffs who get together to watch flicks at the local theater. The stigma that may be perceived by the term retirement community does not do justice to what can be available and the lifestyle and benefits of an age-restricted community. Suppose those hospitals cant serve your needs. The best retirement communities in South Carolina are definitely a sight to see. Are there nearby churches or places of worship that fit your beliefs? Nestled in Bluffton, this luxury resort-style community offers plenty of opportunities to have fun and stay active. Bayshore On Hilton Head I S L A N D, The 421 Squire Pope Road, Hilton Head Island, SC 29926 Assisted Living Whether you are looking for an independent lifestyle with an Hilton Head Plantation sprawls across nearly 4,000 acres of coastal South Carolina. The Bays of Creek fosters a mix of the active and laid back. The 20 Best Senior Living Communities in South Carolina You can also expect energy-saving upgrades and spacious outdoor living areas. 8 Best Places to Retire in South Carolina in 2022 PER CAPITA INCOME FOR POPULATION: $31,219 Ratings and reviews: The community has a 4.4 out of 5 stars Google customer review rating. Sean Pavone/Shutterstock.com. Also, Myrtle Beach is sometimes called Golf Town USA because of its award-winning golf courses, especially the world-renowned TPC Myrtle Beach. Add to that some of the nations lowest property taxes, the fact that it doesnttax Social Security retirement benefits, provides a $15,000 taxable income deduction for seniors receiving any other type of retirement income and youll find compelling reasons to consider retiring in South Carolina. Average Retirement Savings: How Do You Compare? TAX RATING FOR RETIREES: Tax Friendly. The cost of living is 7.5% lower than the US average. In addition to Grand Strand Medical Center, residents have access to Tidelands Waccamaw Community Hospital, Tidelands Georgetown Memorial Hospital, and McLeod Health Loris. You can also take a break and go boating at the Lake Keowee Marina. Retirement Communities in South Carolina - SmartAsset After all, you want stability and consistency in your community. The cost of living in Georgetown is 17% lower than the US average, whereas homes sell for a median price of $329,000, as reported by Redfin Corporation (NASDAQ:RDFN). COST OF LIVING FOR RETIREES: 4% above the national average The area also offers plenty of hiking and biking trails for active adults. Hovnanians Four Seasons at Lakes of Cane Bay is an age-restricted 55+ active adult community. Afterward, you can relax at the spa. Columbia offers top-class healthcare at Lexington Medical Center, multiple 65+ communities, and all the shopping and dining options you could want. It is one of the fastest-growing towns in South Carolina, with plenty to offer its residents. 15 Best Places to Retire in South Carolina - Yahoo Finance Does South Carolina tax retirement income? The town also serves as a beacon for the arts, where events and festivals are frequent. Its Hard to Say, But Housing Experts Weigh In. and boat parking area. Communities in South Carolina As youre considering where youll spend your retirement, a certified financial planner can work with you to ensure you have enough money set aside to enjoy it. The other 20% of the units may be available for people of any age, at the communitys discretion. COST OF LIVING FOR RETIREES: 10% above the national average People who left one-star reviews typically disliked that there were no golf courses or yachts. Best The Buffet-inspired retirement community has live music daily in the middle of Latitude Town Square. matching platform based on information gathered from users through our online questionnaire. Art lovers will enjoy studios dedicated to ceramics, sewing, photography and more. About 37%, or 2 million people older adults. In fact, it houses 54 holes of golf. You can take qualified withdrawals from these accounts tax free. Number of Homes: 1,000 Age Restriction: 55+. South Carolina Golf Communities In 2018 and 2019, the hospital won awards for Patient Safety Excellence. There is access to quality healthcare. 10 Best 12 Best Places to Retire in South Carolina - Sunlight Living Reviewers like the location, the active community calendar, and amenities. Moreover, median home price is at $624,000. This vibrant option offers plenty to do. As you consider various areas, keep in mind the cost of living and weigh that against the benefits of living in that area. The Fair Housing Act exempts three types of housing for older persons from liability for familial status discrimination. It would be a tragedy of epic proportions if one day you came home and saw a construction crew breaking ground for a new strip mall. Residents enjoy kayaking, canoeing, parks, TAX RATING FOR RETIREES: Tax Friendly. PER CAPITA INCOME FOR POPULATION: $32,491 Are there undesirable businesses or manufacturing facilities nearby? When looking at the best cities to retire in South Carolina, determine whether you want to be close to attractions and healthcare or if long nature walks and waterfront living are more your style. You can also join a tennis league. There are preserved historic homes from the Revolutionary and Civil Wars, many of which can be toured. The waterfront Harbor walk is a special treat for retirees, while the downtown itself is very walkable. Is there sufficient infrastructure in place, wise planning, and expandable space? The city is also home to a diverse population, many of whom are attracted to its coastal charm. Therefore, we promote stricteditorial integrity in each of our posts. How Much Do I Need to Save for Retirement? Considering the rising cost of healthcare, you might want to save for future medical expenses as early and as aggressively as possible. Sun City Hilton Head is the largest retirement community in South Carolina. Noteworthy nearby amenities or attractions: What's the average retirement income for 2022? In this post, weve consulted with a top real estate agent in South Carolina who has extensive experience helping seniors relocate, and researched some of the best retirement communities in terms of lifestyle, location, affordability, and safety. You must be at least 18 years of age to become a Retirable Premium user. CITY POPULATION: 137,556 Reviewers on 55places give the community high marks for location and entertainment options. It is also the top cardiac hospital in South Carolina and the regions only level 2 trauma center. The Best Places to Retire in South Carolina - U.S. News Grand Strand Medical Center has seven off-site locations besides the main hospital. COST OF LIVING FOR RETIREES: 2% below the national average West Columbia Insider Monkey Score: 4 The riverfront city of West Columbia is one of the best places to retire in the South. This recently established retirement community offers single-story homes as well as houses with large loft space. If you want to spend your golden years in a small town surrounded by lakes and mountains, Seneca may be right for you. There are 12 Independent Living Communities in the Charleston area, with 6 in Charleston and 6 nearby. What type of outdoor activities are available. The top three golf destinations in the state are Myrtle Beach, Hilton Head Island and Blufftonall of which feature many world-class South Carolina golf communitiesSea Pines Resort, Colleton River, Palmetto Bluff and Palmetto Dunes to name just a few. Is it located directly on a busy, noisy highway? In order to retire in a place that is both safe and affordable, retirees often go for gated retirement communities that are especially designed for seniors. There are no guarantees that working with an adviser will yield positive returns. 9 Best Places to Live in South Carolina - Travel + Leisure Its also valuable to consider several different retirement locations and compare the benefits and drawbacks. Is there a bus route or commuter rail that serves the area? This is an especially important question for newly constructed retirement communities because this is supposed to be a place where you can relax. Click to continue reading and see the 5 Best Places to Retire in South Carolina. Investing involves risk and past performance is not indicative of future results. The best places to retire in South Carolina have plenty to offer from pristine lakes and mountains to historic sites that date back to the Revolutionary War. Another reviewer said the various clubhouses offer everything you could ever want.. Isle of Palms is an upscale barrier island located north of Charleston Harbor. If youre shopping around for a place to retire, you cant go wrong with South Carolina. SHARE OF POPULATION 65+: 14.6% That makes it the area with the biggest concentration of fellow retirees on our list. For people who love the outdoors, the community provides: The community also has an indoor recreational facility, pool, fitness center, and weight room. I Need to Sell My House Fast in Connecticut: What Are My Options? Some factors might include, tax considerations, homeowners association dues, and the cost of maintenance. Latitude Margaritaville Hilton Head is one of the top retirement communities here. Vetting the retirement community with the 10 questions above will help you uncover crucial insights into what life might be like within the boundaries of those neighborhoods, but you will want to look beyond the front gates. COST OF LIVING FOR RETIREES: 5% below the national average COST OF LIVING FOR RETIREES: 5% below the national average If you plan to continue your education, you should definitely consider West Columbia. The cost of living is 14% lower than the US average, while median home price is around $300,000, according to Realtor. The Monticello Golf Club contains the popular Monticello Bar & Grill restaurant. 10 Best Independent Living Communities Noteworthy nearby amenities or attractions: CITY POPULATION: 34,695 The average cost of independent living in Charleston is $2,408 per month. Recognized as a top retiree destination in the United States, Myrtle Beach offers plenty of attractions and activities. Top Planned Communities in the Carolinas | ideal-LIVING Price range: Mid $300s to mid $700s. The 35 Steps to Building a House: Your Start-to-Finish Guide, 5 Ways to Avoid Paying Capital Gains Tax on Your Home Sale with Simple Planning, Can I Cancel PMI If My Home Value Increases? If youre looking to retire in a quiet maritime community, Murrells The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Kiplinger found that South Carolinas taxation policy for retirees was among the best in the nation. Last but not least, we bring you Spartanburg. Based on the parameters we listed above, here are five we feel are worth considering: Website: delwebb.com/homes/south-carolina Telephone (843) 706-7644. All investing involves risk, including Del Webb is an age-restricted 55+ active adult community. Single-family houses contain at least two bedrooms and two-car garages. We list different retirement communities in order of home prices, from lowest to highest. One way to see your options is to search the internet with phrases such as, retirement communities near me or 55 and older communities near me. Check ratings, reviews, and comments posted on the Better Business Bureau site, Google Reviews, and industry websites. Youd also have access to plenty of retiree communities and several medical facilities. Price Range: Mid $200ks High $3 millions Number of Homes: 4, 278 Age Restrictions: None. Also, there is an Olympic-sized pool, tennis and basketball courts, shuffleboard, and a community center with an active calendar of events. The low cost of living, southern small-town charm, and pleasant climate attract retirees to Georgetown's quaint waterfront community. Greenville. And of course, youd have access to both 18-hole golf courses. The community members are healthy, independent adults. The community is a little slice of an island paradise and has a large town center with food, shopping, and entertainment. The favorite attraction for retirees is Lake Greenwood State Park, offering plenty of activities such as fishing, camping, and boating. The scenic town is home to beautiful parks and gardens that residents love to explore. The area offers something in everyones price range. Best And the staple is the 17,00-square-foot Pinckney Social Hall. There are world-class restaurants to dine in, offering the best seafood, fresh produce, and dairy products. Retirable, Inc. ('Retirable') is an SEC registered investment advisor. Another pricey option, Greenwood is one of the best towns to retire in South Carolina due to its scenic lake views. The warm climate, low cost of living, and abundance of attractions make it ideal for retirees plus the taxes! There are no guarantees that working with an adviser will yield positive returns. Carolina Reserve Meadows hasnt been around as long as some of the entries on our list, but its a great community for many satisfied residents. Its beautiful beaches, outdoor life, and favorable tax policies are a few reasons why so many people are heading to the Palmetto State. In Boston Colleges study, 32% of high-income households were found to be not worried enough about their retirement savings. Your housing options include single-family homes, town villas and carriage homes. The cost of living is 0.6% lower than the US average, while the median home price is around $360,000. To see more of these Although Charleston can be a bit touristy, retiring in Charleston, SC is great if you love history, culture, and access to every amenity you could want. North Pointe and Summit Place & Summit Court are two retirement communities in Anderson offered by Sonida Senior Living, Inc. (NYSE:SNDA). One-Time Checkup with a Financial Advisor, SmartAsset financial advisor matching tool, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. We have you covered with our report on the. How Much Do I Need to Save for Retirement? Here are 10 important questions to ask before you commit to purchasing a home when deciding on the best retirement community in South Carolina. So outdoors enthusiasts may find a slice of heaven here. Price Range: Mid $200ks Mid $300ks Number of Homes: 239 Age Restrictions: None. But keep in mind Myrtle Beach also attracts plenty of tourists, so it may not be the best place for people looking for a quiet retirement. Charleston, in South Carolina, is the best mix of history, culture, and amenities that retirees can get. TAX RATING FOR RETIREES: Tax Friendly. Also known as the "Flower Town in the Pines," Summerville is one of the best places to retire in South Carolina. Four Seasons at Carolina Oaks. The Palmetto State has lots to offer retirees, whether they are middle class or wealthy, whether they want to be near oceans, lakes or rivers or whether they prefer land-locked environments. In that case, the best hospital in South Carolina (Medical University of South Carolina) is up the road in Charleston. Note that the data referenced in this article is from 2018. Most reviewers loved the location and the amenities, and other positive reviews mentioned the natural features surrounding Hilton Head. Brookdale Senior Living Inc. (NYSE:BKD), Sonida Senior Living, Inc. (NYSE:SNDA), and similar corporations have their retirement communities spread throughout the state. Camden and surrounding areas later served as the sites of several Revolutionary and Civil War battles. Is it near enough to an airport for convenience, or too close with excessive noise? Retirement Communities South Carolina The Cliffs at Glassy is South Carolinas only mountaintop golf course and absolutely its most spectacular. Price range: $150,000 to $400,000. PER CAPITA INCOME FOR POPULATION: $56,942 No, and that makes it a great option for retirement. (which will reduce returns). This is because the US retirement system is still far behind other nations. If youre looking at different retirement communities in the Palmetto State, you may want to check out the, Now may be a good time to check up on your retirement plan such as a, If you need help on saving for retirement or developing a strategy around preparing for your golden years, its best to seek the professional advice of a financial advisor. ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our Plus, youll be nearby large shopping centers, entertainment hubs and golf of course. In fact, West Columbia has been making several lists of best places to retire in South Carolina for the past few years. Depending on retiree needs, these communities have independent living, assisted living, and memory care options. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations. Worth over $39 trillion, Americas retirement system gets a C grade by the Mercer CFA Institute Global Pension Index. Surrounded by pristine beaches and world-class golf courses, you can bet youd be retiring in style at the Latitude Margaritaville Hilton Head. As you get ready to move on to the next chapter in your life, it might be helpful to have an experienced agent lead the way. Here you can attend lectures, concerts and parties. We dove into the hard data behind what matters most to retirees. The fitness center offers high-end cardio and weight training equipment. You can enjoy all the amenities youd expect at the clubhouse, including a state-of-the-art fitness center. The community lies along a 300-acre lake, and the lakeside community offers daily activities and chances to socialize. Outdoor enthusiasts in particular will enjoy the miles of hiking trails that surround it. The low cost of living puts it toward the top of the list when it comes to beach life. As these communities expand and grow, its imperative that the local infrastructure can keep pace. And to stay active, you can visit the major fitness center. However, even if households begin worrying about retirements savings, there isnt much they can do. Del Webb at Grande Dunes Myrtle Beach That means more people looking into retirement communities. You can check out Fort Sumter, a former Civil War sea fort where the first shots of the Civil War rang out. Unknown assessments can wreak havoc on your plan. Oceanfront beaches are minutes from the town center, and retirees love visiting them. A, Not to familiar with South Carolina, but intrigued by its attractions? 15 Best Places to Retire in South Carolina is originally published on Insider Monkey. Residents get to engage in several activities, such as cycling, fishing, and visiting galleries. When should I visit a prospective retirement community? There is a specialty certification that agents can receive from The National Association of Realtors to become a Seniors Real Estate Specialist or SRES. Other attractions include the World of Energy museum at the Oconee Nuclear Station and the African-American-themed Bertha Lee Strickland Cultural Museum. Some communities offer recreational, social, and educational activities and events. Fishermen catch plentiful seafood served at the local restaurants, and there are fun festivals to keep residets entertained throughout the year. An age-restricted community requires at least one resident of a home be of a determined age. Nestled in McCormick, this community offers everything youd expect from a country-club style neighborhood. There are mixed reviews on the security; some appreciated their presence, and others disliked what they considered a lack of professionalism and expertise. The 10 Best Independent Living Communities in Charleston, SC for 2023. matching platform based on information gathered from users through our online questionnaire. Location: Indian Land, South Carolina. SHARE OF POPULATION 65+: 10.2% Some popular past times that retirees can indulge in include crabbing, body surfing, and shrimping. WebRetirement communities in South Carolina are among the best places to retire. Retirees make up 18.6% of South Carolinas total population, or about 965,000 of the states 5.19 million residents. SHARE OF POPULATION 65+: 15.7% ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our 5 Best Places to Retire in South Carolina, Passengers were stuck because United Airlines canceled their flights. Top 10 Retirement Communities South Carolina SmartAssets Price Range: Low $100ks High $100ks Number of Homes: 1,024 homes Age Restrictions: None. SmartAsset Assessments can be common for any community development, but for seniors living on a fixed income, being able to predict your property taxes may be crucial to balancing the rest of your budget each month. Warm weather, white sandy beaches, and affordable living costs attract potential retirees to the Sunbelt in droves. SmartAsset account by an Adviser or provide advice regarding specific investments. Is there a variety of conveniences nearby such as restaurants, banks, or grocery stores?
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