10 Beautiful Places Where You Can Retire with Just $500,000 in Savings

This article looks at 10 beautiful places where you can retire with just $500,000 in savings. If you wish to check out our detailed analysis, you may go to 25 Beautiful Places Where You Can Retire with Just $500,000 in Savings. 

10. Rogers City, Michigan

Insider Monkey Score: 35

IM Cost of Living Index: 79.7

Rogers City is a Michigan gem that boasts untouched shorelines, magnificent lighthouses, breathtaking falls and picturesque parks. Located on Lake Huron, residents get to enjoy mesmerizing beaches, scenic parks, and a charming harbor.

9. Roanoke, Virginia

Insider Monkey Score: 35

IM Cost of Living Index: 86.5

Having roots in the Blue Ridge Mountains, Roanoke is a splendid mountain town to retire with $500,000 in savings. It is home to attractions like the Roanoke Star, which provides panoramic views of the surrounding area, and offers residents a vibrant mix of  historic architecture, local shops, and diverse dining.

8. Two Rivers, Wisconsin

Insider Monkey Score: 36

IM Cost of Living Index: 78.7

Retirees can catch some friendly waves at the city of Two Rivers, thanks to its location on the shores of Lake Michigan. From beautiful waterfront views to serene beaches and a welcoming atmosphere, Two Rivers is the place to be for a relaxing retirement period.

7. Savannah, Georgia

Insider Monkey Score: 36

IM Cost of Living Index: 89.2

This coastal Georgia beauty by the Savannah River exudes Southern charm, antebellum architecture, and tree-lined squares. The edgy artwork, bustling boutiques, and beautiful gardens add to its distinct allure. Its often referred to as one of the friendliest cities in the US.

6. Lake Ozark, Missouri

Insider Monkey Score: 38

IM Cost of Living Index: 85.2

Embraced by the magnificent Ozark Mountains, Lake Ozark is revered for its expansive lakes, scenic trails, and affordable cost of living.

5. Davis, West Virginia

Insider Monkey Score: 41

IM Cost of Living Index: 84.1

This picturesque small town situated along the Blackwater River is not just beautiful, but very affordable for retirees. Even though its tiny, residents will find it to be bursting with energy and beauty that is unique to the town.

4. Lake Lure, North Carolina

Insider Monkey Score: 42

IM Cost of Living Index: 86.9

Embraced by the majestic Blue Ridge Mountains, Lake Lure offers stunning views of its crystal clear waters, and is further blessed with lush forests and dramatic cliffs. This mountain town is not just great for visiting, its the perfect retreat for your retirement years.

3. Knoxville, Tennessee

Insider Monkey Score: 43

IM Cost of Living Index: 83

This charming city on the Tennessee River is bursting with urban energy and natural splendor. It lies at the foothills of the Smoky Mountains, and also boasts a waterfront along the Tennessee River.

2. Stanley, Idaho

Insider Monkey Score: 48

IM Cost of Living Index: 84.8

Another embodiment of natural beauty to consider for your retirement years is the magnificent city of Stanley. Set at the foot of the Sawtooth Mountains on the banks of the Salmon River, the city is all about rugged peaks, crystal-clear alpine lakes, and expansive wilderness areas.

1. Eureka Springs, Arkansas

Insider Monkey Score: 54

IM Cost of Living Index: 81.2

Without further ado, the most beautiful place where you can retire with just $500,000 in savings is the vibrantly beautiful city of Eureka Springs. Huddled in the Ozark Mountains, this enchanting town allures residents with its preserved Victorian architecture built around the city’s natural springs. Lush forests, serene lakes, and crystal-clear springs bless it with unparalleled beauty, while the affordable cost of living makes it all the more worthwhile as a retirement destination.

If you wish to check out our detailed analysis, you may go to 25 Beautiful Places Where You Can Retire with Just $500,000 in Savings. 

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