15 Best Beach Towns for Retirement

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In this article, we will take a look at the 15 best beach towns for retirement. If you wish to skip our detailed analysis on retiree relocation trends and the best beach towns for retirement, you may go to 5 Best Beach Towns for Retirement

Relocation Trends

Every year, the US experiences almost 3 million people moving interstate. 8.4% of Americans moved from their current locations in 2021 alone, representing an estimated $19 billion spent on moving services. High inflation and volatile stock market pressures are a major cause behind such relocations, driving retirees to leave expensive places such as those in the North. Instead, retirees are considering the best places to retire in the South, an ideal mix of both warm climate and affordable costs of living.

The most popular place prospective retirees consider retiring to in the South is Florida. The major reason behind choosing the sunshine state as a retirement destination is, undoubtedly, the beach life. Living close to the beach allows retirees to relax, unwind, and get a big load of Vitamin D under the sun. Offering both budget-friendly places for retirement and otherwise, Florida has plenty of places that retirees can choose from when relocating. For those interested in the white sandy beaches, some of the most affordable beach towns to retire in Florida include Daytona Beach, Vero Beach, and Fort Walton Beach, to name a few.

The beach is also a wonderful way for socializing for retirees. Insider Monkey has published an entire list of affordable beachfront retirement communities that prospective retirees can check out, such as Del Webb at Grande Dunes Myrtle Beach, Latitude Margaritaville at Daytona Beach, Island Walk in Naples, and Southshore Falls at Apollo Beach, to name a few. Sonida Senior Living, Inc. (NYSE:SNDA), Brookdale Senior Living Inc. (NYSE:BKD), and Del Webb Corporation are a few companies that offer such amazing retirement communities for seniors. Not only are these beach retirement communities affordable, but are also a good chance for retirees to remain active and social throughout their golden years.

Some retirees have broader horizons and wish to explore the beach and retirement life outside of the US. After all, retirement is the perfect time to discover beach towns worldwide. If you are one of those people, Bright Swirl notes that the most affordable beach towns to retire in the world are Playa Tamarindo and Manuel Antonio in Costa Rica, Bocas del Toro in Panama, and Santa Marta in Colombia.

Best Beach Towns for Retirement

Of the 3 million interstate moves annually, 60% tend to move during the summers. The real estate housing market tends to be the busiest during this season, with both buyers and sellers out in droves due to the warm weather and the end of the school year. According to Redfin Corporation (NASDAQ:RDFN), home prices in the United States have been down by 3.4% as compared to last year. The median home price in 2023 is $418,387, with the number of homes sold, down by 16.2%.