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Most Affordable Places for Retirees in Michigan

By    |   Thursday, 11 Jun 2015 11:14 AM

Is retirement in Michigan right for you? People look forward to retirement, and dream of the day when their time is their own. Some dream of travel, some want to garden, some are ready to write the great American novel.

Regardless of plans, everyone must consider the financial aspects of retirement, and one way to stretch those fixed-income dollars is to live in an affordable area.

The term, affordable, has different meaning to different people. Generally speaking affordable includes places where the cost of living is less than other similar places. A place considered unsafe or unappealing would not be affordable, just low priced.

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Several senior retirement villages, homes and independent living facilities advertise being affordable, based on special services, medical resources and recreation benefits might factor into determining what is affordable.

For the purpose of this article, affordable is based on livability and cost of living with a community — not a senior center. Among the top-ranking places for retirement in Michigan are:

Berkley:
Located in southeast Michigan, this charming little town offers a downtown district and is known for its annual Dream Cruise Parade. This home-spun community is close enough to Detroit if you get a need for a big-city fix.

Royal Oak: A suburb of Detroit, with the charm of a small and diverse town. Recent development has seen growth in the central business district, including nightlife venues and theatres.

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Holt: Located in Ingham County, and is historically rich with its ties to the Holt Dairy, once a vital link between dairy farmers and consumers. The town is now known for its exceptional farmers’ markets and great dining establishments.

If your heart lies in larger cities, consider:

Livonia: In the western suburbs of Detroit, Livonia is within 20 minutes of museums (including the Henry Ford Museum), theatres and libraries. Easily accessible freeways also get drivers from Livonia to casinos and sporting event arenas throughout the city with a half an hour.

East Lansing: Borders on the state capital, Lansing, and is home of Michigan State University. The town is centered around Grand River Avenue, and has a typical college atmosphere with coffee shops, bars and restaurants decked in Green.

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Is retirement in Michigan right for you? People look forward to retirement, and dream of the day when their time is their own. Some dream of travel, some want to garden, some are ready to write the great American novel.
retirement in michigan, affordable, places
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2015-14-11
Thursday, 11 Jun 2015 11:14 AM
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