For Retiring Baby Boomers - The "New Florida" is South Carolina
It wasn’t long ago when you spoke about retiring to some place warm and near the beach, Florida came to mind. Use the words “retirement living” and usually Florida, probably on a golf course is what many thought about. Midwesterners typically thought about Naples or Fort Myers. If you lived in the Northeast, it was Boca Raton, Fort Lauderdale or Miami. That was all yesterday’s news.
Today’s Baby Boomers are breaking that mold. As the post-war generation begins hitting retirement age, they are bypassing the traditional retirement trappings of their parents and not even considering the golf course communities in the Sunshine State of Florida. Today, they're choosing smaller urban areas, in states such as North and South Carolina, and even downsizing many housing choices.
Research has found that 42 percent of today's 50-year-olds plan to move during retirement. The Studies also found that the Carolinas are now considered "the new Florida" among young and older boomers: 20 percent preferred South Carolina, and it ranked very high on coastal lifestyle scale.
What's driving the changes? You can blame it on the economy. The economic recession has eroded savings and fundamentally altered the retirement plans of Americans 55 and older. Many are downsizing their retirement plans and finding value in Myrtle Beach Real Estate.
The Coastal lifestyle is all about having fun. Many people living in the north, before retirement, would be stuck inside their house all winter just waiting for the weather to break. In The Myrtle Beach area the mild weather affords many opportunities to get out and enjoy the many activities in the area. It’s not all about the house you live in. It’s more about the simplifying and enjoying yourself. No need to have the big fancy house, and all the maintained that goes along with that. Many of today’s retirement plans include condo living without all the hassles of maintained. When you buy into this lifestyle, all the grounds keepings, exterior maintained, pool service, common areas are all maintained by the home owners association. This frees you up to enjoy all the things that are fun.
The Myrtle Beach is loaded with things to do. Shopping, over 1700 Restaurants, over 100 Golf Courses, Live theater, community festivals and events all year round, shows, sports, and of course the beach and ocean.
Jerry Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area. Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. If you are looking for Myrtle Beach Condos For Sale, houses, or land we can help. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning - Top Ranked - Highly Recommended - Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.