Why Winston-Salem is the Ultimate Destination for Retirees
Looking for the perfect destination to settle in during your Golden Years? Look no further than Winston-Salem, North Carolina. Winston-Salem is a great city for retirees to kick back, soak in the mild, comfortable weather, and fully enjoy their retirement. Rankings from U.S. News & World Report place Winston-Salem among the top 45 cities nationwide of the best locations to retire. The cost of living in Winston-Salem is very affordable, and the city offers all of the amenities of urban living coupled with the signature Southern sensibility of the Carolinas.
Want to know more? Read on to learn what makes Winston-Salem one of the top destinations for retirees.
1. You’ll Never Run Out of Activities in Winston-Salem
Winston-Salem is famous for a host of exciting and unique activities - including fine arts and cultural events, a wealth of interesting history, and a growing, vibrant restaurant scene. With everything from barbecue smokehouses to modern fusion restaurants and the Museum of American Art to the Diggs Gallery at your fingertips, you will never be bored. Are you a fan of fine wine? You’ll be happy to learn that the Winston-Salem area is home to more than 40 vineyards. Cheers!
2. Winston-Salem is an Affordable City to Live
Enjoying retirement is obviously important, but money is, unsurprisingly, a primary concern for many retirees, especially those individuals who intend to live primarily off of a fixed income. Finding a city where you feel financially comfortable should be a priority. The good news? Winston-Salem is very tax-friendly for retirees, according to consumer finance website SmartAsset. The state of North Carolina does not impose income tax on Social Security retirement benefits, and other forms of retirement income are taxed at the state’s flat income tax rate of 5.499%. Additionally, North Carolina’s property and sales taxes are both moderate.
3. Winston-Salem is Home to Many Different Senior Living Options
In choosing to retire in Winston-Salem, you're opening the door to a host of different living opportunities. Buying a home is definitely an option, but that’s not always ideal for every retiree. Health issues and mobility limitations can evolve over time, and, with this in mind, you want to ensure that you don’t make a financial commitment toward a home that you might not be able to inhabit for longer than a few years. If this is a particular concern for you, rest assured that there are many different living options to consider in Winston-Salem.
If remaining independent is important to you, but you would also like to avoid being fully responsible for maintaining an entire home and property, an active adult retirement community could be a great choice. These “55-plus” communities offer many amenities, such as swimming pools, fitness centers, clubhouses for social events and transportation options. Keep in mind that living in an active adult retirement community usually requires payment of extra fees, so be sure to discuss these particulars with your real estate agent.
If you currently have, or anticipate having, more involved health needs or mobility issues, an assisted living facility could be the ideal option. There are many top-rated communities in Winston-Salem and the surrounding areas from which you can choose. The professional and trained staff at these facilities can assist you with activities of daily living, such as dressing, preparing meals, and managing your medication. Knowing you have help with these various daily tasks can provide a great deal of peace of mind in your Golden Years.
Ready to Get Started?
Convinced? Contact Greta Frye and Associates today to begin your journey of finding the perfect home for your retirement. This is an exciting time in your life, and this team is fully committed to ensuring your real estate experience is as smooth and personalized as possible.