- Jul 3, 2011
- 443
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- United States
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You've probably read articles online about 'best places to retire' and there are even websites where you can answer a survey of what's important to you and they process it and spit out suggestions based on things like climate, population, continuing education opportunity, cost of living, tax burden, quality of health care, hobbies such as hiking, or scenery such as beaches, mountains, etc.
Think about the things you would want, but with the limitations listed below, ranking them in order from 1 to 7, along with any comments you may have as to why. There's only one stipulation....for housing, you've only got $125,000 to work with, be it house, condo, or townhouse. If you prefer to rent, then the limit on rent is whatever a $125,000 house would rent for in that respective market. I know that's not much, but consider that there may be less expensive housing in smaller cities not too far from the big city, where demand is less. Or, there may come a recession where housing prices plummet and that's your chance to pounce.
If you don't like any of the city choices due to them being too crowded, just list the state and I'll assume it to mean a smaller city/town in that state. The choices are:
1. Las Vegas, NV
2. Colorado Springs, CO
3. Nashville, TN
4. Albuquerque, NM
5. Your choice of city in TX
6. Your choice of city in FL
7. Your choice of city in either of the Carolinas
Yes you can mix your own choices in with the above if you wish, but my main concern is still your order of the ones listed. Just numbers is ok, without having to type them all out. List reasons if you can, such as "I've always been great at poker and would make a killing in Vegas," or, "I haven't given up my dream of country music stardom, so Nashville."
This doesn't have to be about just your preferences necessarily. i.e. - "I have to be close to my kids and grandkids and they can't be more than 2 hours from a ski slope."
Thanks for participating.
Think about the things you would want, but with the limitations listed below, ranking them in order from 1 to 7, along with any comments you may have as to why. There's only one stipulation....for housing, you've only got $125,000 to work with, be it house, condo, or townhouse. If you prefer to rent, then the limit on rent is whatever a $125,000 house would rent for in that respective market. I know that's not much, but consider that there may be less expensive housing in smaller cities not too far from the big city, where demand is less. Or, there may come a recession where housing prices plummet and that's your chance to pounce.
If you don't like any of the city choices due to them being too crowded, just list the state and I'll assume it to mean a smaller city/town in that state. The choices are:
1. Las Vegas, NV
2. Colorado Springs, CO
3. Nashville, TN
4. Albuquerque, NM
5. Your choice of city in TX
6. Your choice of city in FL
7. Your choice of city in either of the Carolinas
Yes you can mix your own choices in with the above if you wish, but my main concern is still your order of the ones listed. Just numbers is ok, without having to type them all out. List reasons if you can, such as "I've always been great at poker and would make a killing in Vegas," or, "I haven't given up my dream of country music stardom, so Nashville."
This doesn't have to be about just your preferences necessarily. i.e. - "I have to be close to my kids and grandkids and they can't be more than 2 hours from a ski slope."
Thanks for participating.
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