The economy blows, especially for old folks, who aren't as able to kick it with an umbrella drink at some beachside hang like in the old days.
No worries, according to Tom Corley, author of The Top 100 Cheapest Places to Retire in the U.S. in 2012. Instead of sinking a putt on some luxury golf course that overlooks a majestic sea, retirees can set up shop in Baytown!
Not feeling Baytown? Then how about Pasadena, the home of trailer park rape!? After all, you've earned it with all of those hard years of thankless employment.
If you like this story, consider signing up for our email newsletters.
SHOW ME HOW
You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!
"I analyzed 3,020 communities across the U.S. for ten retirement factors to determine which communities in the U.S. were the best and the least expensive to retire to," says Corley, a certified public accountant based in Rahway, New Jersey. "A number of Texas communities around the Houston area made our Top 100 list."
The remaining hot spots for old-person-stuff bliss, according to Corley's analysis based on 2010 Census data, are South Houston, Rosenberg, Deer Park, La Porte, Texas City, Galveston and Santa Fe.
"Why did I do this research? Because many of my boomer clients were in a panic about the significant drop in their retirement plan values and are now only just realizing that they will not recover their retirement assets in time for retirement," says Corley. "They have no choice but to find cheaper communities to retire to in the U.S."
By the way, Gregory (population 2,318), the jewel of San Patricio County, is top dog on Corley's list.