New York City is one of the world’s most exciting cities and one of the best places to retire. Still, it’s not for everyone: there are pros and cons to consider before deciding whether New York City is right for you.
In this article, we’ll examine these pros and cons with an eye toward helping you decide if NY is right for your retirement years—or if another city might be better suited to your needs.
Plus, there are lots of things to do in the city–there are museums and theaters, as well as great restaurants and bars.
The cons of choosing the New York City area for your retirement include:
During the winter, temperatures can drop below freezing at night while daytime highs are still above 50 degrees Fahrenheit (10 degrees Celsius).
In the summertime, temperatures regularly climb into the 90s F (30s C) during July and August–not exactly ideal if you’re not accustomed to hot weather!
In addition to the above-mentioned considerations, there are a few other factors that you should consider before making your decision.
One is the availability of quality senior services in your area. If you’re moving out of state or across the country, it’s important that you have access to facilities like assisted living communities and nursing homes that can help keep your loved one safe and healthy as they age.
Another thing to consider is tax implications: if they move somewhere else, will they be subjecting themselves to higher taxes?
If so, this could be an issue worth taking into account when deciding where they might want their post-retirement home base located–it might make sense financially for them not only because they would have less income coming in each month but also because their overall cost-of-living expenses would decrease by moving somewhere cheaper than New York City (or wherever else).
The New York City area is a great place to live for retirees. Its proximity to everything makes it easy to get around, and there are plenty of activities for seniors who want to be active in their retirement years.
However, if you’re looking for peace and quiet away from the hustle and bustle of city life, then this might not be the ideal spot for you. Especially if you have mobility issues or other health problems that require special attention at all times, like oxygen tanks or wheelchairs.
Related Article:
Pros and Cons of Living in New York City
What to Know Before Moving to New York City
Reality of Living in New York City