10 Retirement Destinations for Warm Weather Lovers
For Mark Roberts’ Use: Now that October has arrived, the weather is finally beginning to change from summer to more autumn-like. This might come as a welcome reprieve from this year’s unusually long, hot summer… Or, you might be feeling a sense of dread. Some people simply do not enjoy winter, at all, and can’t wait to escape the cold for a more sunny location someday.
That’s entirely possible as you transition into retirement, because you will no longer be tied to a location due to your career. And we can’t blame you; the cold tends to be harder on us as we get older.
If you’re scouting retirement locations, you might be interested in this list compiled by Kiplinger. They scouted the country and determined areas in which the average temperature never falls below 32 degrees in January.
- Augusta, Georgia
- Corvallis, Oregon
- Round Rock, Texas
- Jackson, Mississippi
- Charleston, South Carolina
- Lafayette, Louisiana
- Carlsbad, California
- Phoenix, Arizona
- Cape Coral, Florida
- Hilo, Hawaii
If you’re wondering how these locations were chosen, other than climate, we have good news for you: Yes, Kiplinger considered the cost of living. They also accounted for factors such as health care availability, population data, and overall satisfaction.
On the other hand, taxes were not considered, so you might wish to evaluate that as you consider retirement destinations. Taxes can vary wildly between states, and can impact budgets relying upon a fixed income.
Budget will naturally become one of your primary concerns if you decide to move to a warmer climate in retirement. Keep meeting with us regularly as you plan, so that we can help you identify all potential opportunities and establish a workable retirement budget.
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In addition to managing clients’ money and giving investment and diversification advice, Mark offers something that “the other guys” don’t - a unique approach to Retirement Tax Strategies and distribution. Time and time again, Mark meets with new clients who tell him they have a great relationship with their financial advisor but have never been offered information on this kind of approach to securing their financial futures. Mark has taken this feedback to heart and works tirelessly to ensure that his strategies focus on taxes and distribution.
Mark started selling insurance for a major insurance company right out of high school to help put himself through college. After graduating with a degree in finance, he dove into estate planning on the financial side to set himself apart from other financial advisors. However, as changes were made to estate tax laws over time, Mark shifted his focus to income tax strategies.
Mark’s philosophy is “the blue prints are more important than the wall paper or carpet.” The wall paper and carpet represent products like investments and insurance policies, whereas the blue prints represent the strategies. Once strategies that truly fit the client’s needs are put in place, our focus can shift to providing you with the right products. According to Mark, “It doesn’t matter what carpet we use if the walls are not in the right place.”
Our approach to money management is designed to generate the largest alpha (quality) with the lowest standard deviation and beta (risk). By doing this, we help provide clients with the highest return on the lowest risk. Generating income for our retirees is also very important. Because withdrawing money from your portfolio hurts the account rather than helping it, our goal is to design income strategies to harm the portfolio the least making the money last longer.
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