5 Top Colorado Towns You Can Afford on Social Security
Retiring in Colorado can seem like "wishful thinking" to many. It can be so expensive to live in Colorado; maybe you know of friends who plan on moving out of state to retire because of our high cost of living.
How about five places in the state where you can actually retire using only social security?
You'd rather stay in one of the best states in all of America, wouldn't you?
You've worked hard all your life, and the time will come when you're ready not to work, to retire. No meetings, no bosses, no annoying co-workers, and no staff potlucks.
CAN YOU RETIRE IN COLORADO ON JUST SOCIAL SECURITY?
Not having to go to work will be great, but how can you afford to still live in Colorado on just social security? It's definitely not hopeless, as there are five places in the Centennial State for us to spend our "golden years."
WHAT WILL YOU DO IN COLORADO WHEN YOU RETIRE?
Your retirement days will be filled with all sorts of hobbies, long naps, and, hopefully, some traveling. Traveling can be expensive, but finding a place to live in Colorado for retirement can make that more feasible.
If you are a couple who have 401Ks or other retirement accounts to help with income in addition to social security, that's great; you might be the kind of couple to retire in Breckenridge or, say, Golden.
If, however, you'll only be using social security for budgeting with, you'll need to be more prudent on where you'll retire.
The folks at Insider Monkey, an investment advisory website, recently published their five suggestions on places a couple could live in Colorado, using only their social security.
Let's take a look:
5 Places for Couples to Retire in Colorado on Just Social Security
Gallery Credit: Dave Jensen
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Gallery Credit: Mike Brant