Why Colorado Springs Is Great for Retirees

Posted by Joe Clement on Thursday, February 15th, 2018 at 9:19am.

Colorado Springs is great for retirees.

Colorado Springs is a vibrant city with all the amenities and healthcare services a person could need as they enter into retirement. Colorado Springs is an outdoor lovers paradise, with just about every activity available to you. There are lots of places to visit when your family comes into town and wonderful housing options for you regardless of your needs and budget. Colorado Springs has brand new affordable homes in a suburban setting, 55+ communities ideal for anyone looking for maintenance-free living, and patio style homes and luxury estate properties in more exclusive areas.

Knowing that you have every type of housing style available to you at a more affordable price in the Colorado Springs area, the decision should now be when to move as opposed to should you move! Let's take a closer look at why we think Colorado Springs is a great option for retirees:

1. Climate

You've worked hard your entire life and are looking for a great place to retire to. One of the more important factors is what the climate is like! Colorado Springs has a fantastic climate throughout the seasons. With 300+ sunny days a year, you'll wake up with the sun streaming through your window more days than not. The summer is warm, with a mild spring and fall as well. The winter will provide you with that amazing white Christmas many of you dream of, as well as some of the best skiing the cross-country skiing the state has to offer!

2. Outdoor Activities

With a place like Colorado Springs, the question should be what outdoor activities can't you do! The summers will be filled with hiking and biking on the miles and miles of trails throughout the area. In the winter you can put on your snowshoes and cross-country skis while enjoying all the same trails. The myriad of parks and green spaces in the area give you plenty of spots for the grandkids to run around while you enjoy the tranquil setting.

Along with the many trails and parks in the area, there are some exceptional tourist attractions that are worth visiting over and over again. Whether you're interested in museums, historic buildings, waterfalls, or sacred sights, Colorado Springs has some great options. The following are just some of the sights this fabulous city has to offer:

  • Garden of the Gods
  • Cheyenne Mountain Zoo
  • United States Air Force Academy
  • National Museum of WWII Aviation
  • Old Colorado City Historic District
  • Seven Falls

3. Affordable Housing

Over the years, Colorado Springs has seen an increase in housing prices. However, the housing options in Colorado Springs are still very affordable for home buyers compared to many other places to live in the country. Whether you are looking for a smaller single-family home in Fountain Valley, a patio home in Reserve At North Creek, or one of the many 55+ communities in the area, the price is sure to put a smile on your face. If you are looking for a more luxurious community to retire to, then be sure to have a look at the luxurious homes in Broadmoor or Kissing Camels. You'll be surprised at how far your money will go in all segments of this exceptional real estate market!

4. Great 55+ Communities

Colorado Springs 55+ communities come in a wide range of options depending on what you are looking for. If you need assisted-living then there are many retirement homes in the area. If you are looking for a maintenance-free property where the outdoor space is taken care of in your HOA fees, then the possibilities are endless in Colorado Springs. A townhouse backing onto a golf course, a patio home community all built on one level, or a condo complex that is specific to seniors such as Strawberry Fields Condominiums, are all available in Colorado Springs.

5. Colorado Springs Tax Exclusions

Taxes may not be the most exciting reason to do anything, but in Colorado Springs retirees should understand some important tax exclusions, which may get you even more excited about your move to this fantastic city. Colorado Springs has a flat income tax rate of 4.63%, with residents that are 55+ getting generous tax exclusions on retirement income. There's also no inheritance or estate tax in the state either. So, if estate planning has been on your mind then settling in Colorado Springs can alleviate some of your planning concerns. You worked hard for your money and deserve to keep as much of it as you possibly can!

Do Colorado Springs 55+ communities interest you? If so, be sure to contact Joe Clement to help you find the best Colorado Springs retirement properties!

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