Great Reasons to Retire in Colorado
More and more people are pulling up roots after retirement and settling in new places. Here are some reasons to consider Colorado as your perfect place to call home in your golden years.
Outstanding Outdoor Recreation
The landscape of Colorado offers ample opportunities to pursue almost any type of outdoor activity you enjoy. Although hiking and skiing may be the first things that come to mind given the looming presence of the Rocky Mountains in the region, activities like rafting, horseback riding, and biking are exciting pursuits you can participate in throughout the state.
Former executive Kent Thiry is both a civic leader and a cycling enthusiast in Colorado, and it’s easy to see why the beautiful state inspires both community- and adventure-mindedness. Once you’ve spent time exploring what Colorado has to offer, it’s easy to understand why people like Thiry are driven to preserve the state’s natural magnificence and support its inhabitants.
So many popular retirement destinations only seem to have two seasons: hot and cold. However, with its high elevation and relative dryness, Colorado is a great place to live if you want to experience true seasonal changes and the beauty those transformations bring.
In this spectacular state, you can picnic surrounded by stunning fields of wildflowers in spring, and then just a few months later swoosh down perfectly groomed ski hills in winter. Fall brings eye-popping foliage at which you’ll marvel, while summer provides endless recreational options. Better still, on many winter days, snow and sun mingle to create a best-of-both-worlds experience that Colorado dwellers wouldn’t trade for anything.
Reduced Tax Burden
Colorado is one of the most tax-friendly states for retirees, so relocating to the Centennial State after you end your career comes with significant tax benefits that can help your money stretch further once you stop working. Because retirement income from Social Security and certain pensions is exempted in large part from taxation, you can reduce your fiscal burden significantly when you move from a high-tax state to Colorado. Other exemptions, like the one on primary residences that have been occupied for 10 or more years, serve to enhance the financial attractiveness of the state.
A Range of Communities
Whether you prefer rural or city living, Colorado has options galore. Even many outlying communities and suburbs aren’t entirely isolated; they are close enough to larger, urban hubs to keep you near to useful amenities.
As you age, it can become more important to have easy access to quality health care services, and there are many areas you can move to in Colorado that let you enjoy a peaceful lifestyle just a short drive from medical attention. It’s comforting to know that everything you need is within reach.
From stellar skiing, hiking, and biking to the chance to live in the type of community that best suits your needs, Colorado has a lot to offer retirees. Visit the Rocky Mountain State soon and see if it’s got what you’re looking for as a place to begin your life’s second chapter.