If your dream retirement includes four seasons, rich culture, and great healthcare, consider retiring in Massachusetts. Often overlooked for warmer and less expensive climates, Massachusetts is a hidden gem of retirement locales. In fact, Bankrate has rated the Bay State number seven on their best states to retire list.
Learn more about what is drawing retirees to Massachusetts.
Benefits of Retiring in Massachusetts
1. The beach, the mountains, and everywhere in between
Massachusetts boasts a range of scenery including small Atlantic beach towns in the east to the Berkshire and Taconic mountain towns in the west and picturesque farmland in between. Retirees in Massachusetts can drive from the beach to the mountains in just a couple of hours. This is the perfect state to retire for seniors who want relaxing beach time and adventurous mountain hikes.
2. Diverse and rich culture
The only thing more diverse than the topography in Massachusetts is its cultural opportunities. Home to Tanglewood Music Festival, Jacob’s Pillow Dance Festival the Williamstown Theatre Festival, and several museums in Boston, Massachusetts is a mecca of culture. No matter if you love film, music, or history, there is something for you in the Bay State.
3. World-renowned health care
The state is only 190 miles long but is home to some of the best health care facilities in the world. Retirees in Massachusetts will benefit from care at Massachusetts General and Tufts Medical Center, leading research hospitals known throughout the globe.
4. Access to higher education
Northampton, Massachusetts is home to five colleges including Amherst College, the University of Massachusetts at Amherst, and Hampshire, Mt. Holyoke and Smith. Retirees can take continuing education classes at all of these schools and participate in the Five College Learning in Retirement program. Additionally, Harvard University has a dedicated program called the Harvard Institute for Learning in Retirement dedicated to continuing education for seniors.
5. A booming economy
Massachusetts has the third-best state economy, ranking first for innovation potential and fourth for economic activity. The state boasts diverse industries, making it a great place for seniors to start a second career, start their own companies, or just enjoy all that living in a state with a booming economy has to offer.
6. An intense sports culture
From the Boston Red Sox to the New England Patriots, Massachusetts is the place for senior sports fans. And, if baseball and football aren’t your scene, there’s ice hockey, basketball, and a number of college and university teams you can cheer on.
7. Fun outdoor activities throughout the year
Known for its beautiful summers and snowy winters, Massachusetts offers year-round outdoor recreation. Take advantage of the mild summers with fishing, beach trips, and hiking while enjoying freshly fallen powder on the slopes. No matter what time of year, Massachusetts has an outdoor activity to keep retirees active and outdoors.
8. Small town familiarity and big-city luxury
Vibrant Main Streets, eclectic boutiques, and local restaurants define small-town Massachusetts. The small-town charm of the state is perfectly balanced with the thriving city life of Boston. Often called the “Hub of the Universe”, Boston is one of the best places to live in the country. Boasting museums, ethnic restaurants, and theater productions, Boston is a melton pot of culture, attracting people of all ages from all over the world.
9. World-famous seafood
Massachusetts is famous for its seafood, specifically its shellfish. From hot lobster rolls to creamy clam chowder, the Bay State harvests the world’s best seafood. In fact, arguably some of the best oysters in the world are found in Duxbury, Barnstable, Katama Bay, and Buzzard’s Bay.
10. An abundance of staycation locales like Nantucket Island and Martha’s Vineyard
One of the best things about retiring in Massachusetts is that you do not have to leave the state for a vacation state of mind. With quaint and luxurious vacation destinations in the state like Nantucket and Martha’s Vineyard, you can relax in style – without the hassle of travel.
Financial Planning for Retirement in Massachusetts
Now that Massachusetts is on your retirement destination list, what next? To understand the cost of retirement in Massachusetts, you will need to understand your current budget. Determine how much you spend each month on items that you may not have to once you move to a community because so much of senior living is all-inclusive. Consider how much is spent monthly on food, utilities, healthcare, house maintenance, and homeownership costs. Once you have a good understanding of how much it costs to live on your own, you will have a more comprehensive understanding of the cost of senior living.
You will also want to think through what is included at the Massachusetts retirement community you are considering. Many of our Massachusetts communities include a wide range of amenities including:
- Regular housekeeping and linen services
- True restaurant dining, with made to order meals
- Engaging activities and social events
- Home maintenance and yard work
- Gym memberships and fitness classes through PrimeFit
- Language lessons
- Travel opportunities
- Assisted living and memory care services, if needed
Exactly how much your monthly rate is will depend on the care being received, amenities being used, and apartment chosen.
The cost of senior living in Massachusetts comes in at an average of $5,300 per month for assisted living care, making a Massachusetts retirement cost slightly more than the national average.
Retiring in Massachusetts with Leisure Care
From traveling the world to exploring your own backyard, Leisure Care living is fun and easy. We offer assisted living, and memory care services at our communities in Massachusetts. We will work closely with you and your family to create a lifestyle that meets care and budget needs while making the most of every day of retirement. Five-star fun. Five-star service. That’s our promise.
It’s your time to build your future. Contact us today to get started.
Live Big. Live Bold.
Retirement should feel like you’re on a permanent vacation which is exactly why our communities celebrate freedom from obligation, helping you pursue new interests.