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Surprisingly, college towns draw retirees. Find out why.

Posted by Tim Weisheyer on Sep 23, 2014 8:22:00 PM


We’ve mentioned before that Central Florida is a key destination when people think of retirement. The mix between the laid back lifestyle, endless opportunities for golfing and shopping (depending on which might be your pick!) and the year-round Florida sunshine might be a big part of why people want to retire in Central Florida. However, another factor that you many have yet to realize has to do with college towns. While some might not see the connection between the two, we’ve got the inside scoop for you.

 

college towns draw retirees

College towns draw retirees because they are now considered a new hotspot for retirement communities. Seniors are finding these areas that offer higher learning to be beneficial when it comes to staying sharp and keeping busy. Florida residents age 60 or older may audit classes through the Senior Citizen Tuition Fee Waiver program, without receiving college credit. College campuses also offer performing-arts programs that offer entertainment to seniors at a discounted rate, another great way to stay active in the latter part of life.

College towns also tend to be small and less congested, filled with affordable housing and have higher amounts of hospitals and other like services than typical small cities—all things that are key when it comes to retiring. For many senior citizens living on a fixed income, this new fad may be the perfect solution. 


The University of Florida, in Gainesville already has a retirement community near campus that is designed around lifelong learning, fitness and health and offer a maintenance free lifestyle in their independent homes and apartments with access to assisted living, skilled nursing, and memory care if needed. While this community is already a reality in North Florida, The University of Central Florida is working on making the same retirement options available near their campus in Orlando, Florida. 


To get in on the groundfloor of this great opportunity, contact a Senior Real Estate Specialist (SRES), who demonstrate the necessary knowledge and expertise to counsel customers age 50-plus through major financial and lifestyle transitions. 


Read more about other popular Central Florida retirement areas and download our information on what a Senior Real Estate Specialist can do for you! 


 

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Topics: Around Central Florida, Retiring in Central Florida, Buying 101

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