If you’re retiring soon, you are likely starting to think about where you’d like to live next. Choosing the city where you will spend your Golden Years is an exciting time, but it can also be overwhelming. You’ll want to be sure you choose a place where you can relax, enjoy yourself, and stay afloat financially. If all these things are important to you, you should include Lubbock, TX on your shortlist of potential cities.

Lubbock is the perfect destination for retirees. Read on to learn more about why:

Life in Lubbock is Affordable for Retirees

Money is an important consideration for retirees when choosing a place to live. This is especially true for those who plan to live primarily off of their fixed income. The good news about Lubbock? The cost of living in the city is lower than the national average in just about every major category of significance to retirees – including housing, groceries, utilities, and transportation.

Additionally, since Lubbock is located in Texas, retirees can expect to benefit greatly from the tax-friendly environment. There is no state income tax in the Lone Star State, which includes Social Security retirement benefits and all other types of retirement income. This translates to thousands of dollars a year in tax savings when compared with other states. You can keep more money in your pocket to spend on whatever makes your retirement years the happiest.

If you’re interested in buying a home, you should know homestead exemptions are available for all Texas homeowners to reduce their property taxes, with a superior exemption available to those over 65 years of age. Your real estate agent can help to determine your eligibility for this and other housing programs.

Retirees in Lubbock Will Never Run Out of Things to Do

With retirement comes an opportunity for older adults to spend their time doing the things that make them the happiest – so it’s important to choose a city with plenty of activities so you can maximize your time. Retirees in Lubbock can enjoy the thriving restaurant scene, or they can check out the vibrant and exciting live music venues that pepper the city. You can enjoy big-city amenities with a small-town feel. Lubbock truly has something for everyone!

Lubbock is Home to a Variety of Living Options for Retirees

When it comes to living options, retirees should keep in mind that buying a home is not their only choice. It may even be a wise idea to choose an alternative if you believe you will ultimately need help with activities of daily living. Luckily, Lubbock is home to a variety of different living options appropriate for retirees.

If you want to remain independent without being fully responsible for all the headaches that come with homeownership, you should look into active adult living communities. These developments, also called “55-plus communities,” provide a safe environment that frees you from some responsibilities, such as lawn care and exterior maintenance. This gives you the time and energy to focus on those activities that bring you the most joy. Retirement communities also tend to offer different amenities for you to maximize your retirement – including pools, fitness centers, arranged transportation, and a multitude of senior activities.

If you think you will need help – either now or in the future – completing vital activities of daily living, including managing your medications, getting dressed or preparing meals, an assisted living facility could be the optimal choice for you. There are several top-rated communities in the Lubbock metropolitan area. Your real estate professional can help you find the best facility based on your wants, needs, and budget.

Ready to Get Started?

Contact me, Tarvis Grant, today to get started on finding your dream home in Lubbock! I strive to provide comprehensive customer service and have consistently remained a top realtor in the Lubbock market. My focus on high quality, efficient, and friendly customer service has been unparalleled and is evident by the countless long-term relationships with clients. I’m looking forward to working with you!