Thursday, September 14, 2017

Retiring In BC

From 20 to 60, you work for 40 years and sometimes, even more, working hard for that life after retirement. You expect a life of peace and serenity, close to the musical sound of birds in the morning. Cold winds touching your tired face give you happiness beyond comparison. Having a retirement plan that cumulates perfectly all the aspects of a good life after you are done with your job life should not only give you satisfaction but a positive attitude as well.

Once you’ve got your BC pension sorted (or a reverse mortgage in BC if you chose to turn your house into part of your pension and retirement strategy)

Certain points should be kept in mind before embarking on a journey of that most awaited retirement life. The first thing to be considered is the transportation facilities of the place. If the place isn’t well connected to other areas, it will turn out to be a headache rather than a pleasurable stay.

Secondly, the climate should be mild as with old age our body gets more sensitive towards slight changes in temperature. The third is the overall budget of the place you want to buy. The cost of the house you are going to live in shouldn’t rip a hole in your pocket, forcing you to live a mediocre lifestyle with minimum finance at disposal.

Best cities/towns in BC for life after Retirement

Courtenay:

If a casual stroll in the park is what you love to do in your daily routine, be assured this small town located on the central east coast of Vancouver Island is where you want to spend the rest of your life. Indulge in a quality time with your better half or friends in these beautiful, rustic parks like Mitlenatch Island Nature Provincial Park, Kitty Coleman Provincial Park, and much more.

The overall temperature of this small town is ideal for old couples as it rarely goes down below the freezing point. The parks here are open to the public all year long. The total number of days with temperature above freezing point is 316 out 365 days which is a pretty good score. With a moderate population of estimated 59,017, the average price of a well-constructed home here is around $385,458.

Kamloops:

If small town life isn’t what you desire, Kamloops fits your profile of a big city with all amenities minus the hardships of a humongous city. Kamloops is a paradise for art lovers. With the liberty of a wide variety of galleries to choose from, you can visit the Kamloops art gallery, or if the music is the art form you love, you can take a glance at the Kamloops Symphony Orchestra. With just under 105,000 residents at this city, Kamloops provides you with the best variety of recreational places. The average home price here is $332,798. With 246 days above freezing point.

Vernon:

Located in the North Okanagan Regional District, Vernon is a small city with a moderate population of 61,731. There is a popular saying, i.e., “Once you become a Vernonite, You never go back” which aptly describes the class and luxury of this place. Vernon is said to be one of the best places to retire in North America. The average price of a home here is around $375,190 with 249 days above zero degrees temperature.

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by Reverse Mortgage Pros via Reverse Mortgage Pros

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