Tags: Retirement | retirement | Connecticut | affordable places

Most Affordable Places for Retirees in Connecticut

By    |   Saturday, 30 May 2015 07:15 PM

While the state is known for having a high cost of living, retirement in Connecticut can be quite affordable if you do your research. Here's more information about the most affordable cities and towns for retirees, whether you are already a resident or are looking to start fresh in a new home state:

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  1. Greenwich Township - Greenwich Township is a great choice for retirees because of its low cost of living. You’ll find fair prices here compared to most other towns in the state for key items like food, utilities, and general cost of living. And with Manhattan less than an hour away by train, there’s no dearth of dining and entertainment options for active, vibrant people seeking retirement in Connecticut.
  2. Union - Union is the place for those retirees who are interested in outdoor recreation and remote, rural living. With more than 40,000 acres of parkland, and under 1,000 residents, it boasts a playground for the hunting, boating, fishing, and hiking enthusiast in Bigelow Hollow State Park, Nipmuck State Forest, and the Mountain Laurel Sanctuary. What’s more, the Connecticut Economic Resource Center ranks it as one of the top 10 most affordable towns in the state.
  3. Weatogue - Weatogue is ranked by Business Insider as the most affordable small town in the state, with over 82 percent of houses at an attainable cost. And it’s a village within the town of Simsbury, which was ranked on Connecticut Magazine’s 2013 list of the top 10 places to live in the state, based on low crime, low cost of living, high education levels, and plenty of culture.
  4. How Soon Can You Retire? Free Test Shows You When — Click Here

  5. Glastonbury Center  - For those looking to buy property for retirement in Connecticut, Glastonbury Center is one of the most affordable places in the state to purchase a home according to finance blog Nerdwallet. It also has plenty of features that make it attractive to retirees, including dining, retail, outdoor beauty in Meshomasic State Forest, and a bevy of improvements planned for the next five years.
  6. Manchester - If you love museums, look no further than Manchester. This Connecticut city has several, along with a low cost of living compared with other towns in the state. There’s also plenty of shopping and a vibrant historic district, for those who want plenty to do during retirement.

An Extremely Simple Way to Determine If You're Ready to Retire — Find Out Now

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While the state is known for having a high cost of living, retirement in Connecticut can be quite affordable if you do your research.
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Saturday, 30 May 2015 07:15 PM
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