Trade in New Jersey for Beaufort and Add 29% to Your Retirement Buying Power

We've have been tracking sales at master planned communities in the Southeast and discovered the Joneses are making their move to one of the best states to retire, South Carolina. Quietly, people from the Northeast have been purchasing single family homes and lots again, an accelerating trend we haven’t seen since 2008. Prices are beginning to rise in Beaufort SC neighborhoods. We see proof through public records. It doesn’t take a rocket scientist to understand why. Milder weather, a lower cost of living and higher quality of life found in places like Coosaw Point in Beaufort South Carolina.
Mr. and Mrs. Jones retired last year from their civil service positions and made the decision to cut their cost of living by searching for a Beaufort SC neighborhood. Without factoring the 40% cost savings for housing, New Jersey vs. South Carolina, the Joneses will save an additional 29% per year between groceries, utilities, health care and transportation according to CNN Money. Their savings could be even higher if the Joneses downsize their home.
Things became complicated for the Joneses when they insisted Grandma move with them, the Joneses only remaining parent. Grandma Jones vehemently opposed. She did not want to sell the home where she raised her children, move away from her friends, change doctors and lose her independence. Should Mr and Mrs Jones now put their retirement plans on hold and stay nearby to care for Grandma until she passes or should they move anyway and let her stay back? What happens when her health fails and she can no longer live alone? Baby Boomers are being faced with complex choices before moving to a Beaufort SC neighborhood.
Today’s economic realty makes the decision black and white on paper. Emotions from aging parents and Baby Boomer children make the decision painful and difficult. In our experience, when parents are engaged in the decision making process having a vote on what’s best for the entire family overall, it’s possible Grandma Jones would recognize relocating to a master planned community is a prudent choice. Helping Grandma make an easy transition at her sensitive age is important. It is also important for Mr and Mrs Jones to plug into their new Low Country lifestyle as quickly as possible, to get into the retirement groove they’ve longed for. Grandma still has the choice to buy her own home in Beaufort SC neighborhood living nearby saving the same 40% on housing and 29% on daily necessities.
We wrote a story sharing the Top 10 Reasons to Retire in Beaufort South Carolina. While we use the Joneses as a typical example of Baby Boomer families with aging parents on the fence about whether to relocate to a master planned community, we hope that the high quality of life offered in the best states to retire will encourage you to make the move, if that’s your hearts desire. When the move is over, your family’s daily life will improve drastically and cost you less in a Beaufort SC neighborhood such as Coosaw Point.
If you would like help comparing the cost of living where you live verses cities in the Southeast you are considering for retirement, send us an email at info@communityfinder.com. This is how we help folks in the real estate market.