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Best Lake-Towns to Retire to in 2023

Retirement is a time to enjoy life to the fullest. You need to relax and pursue new interests. For many, that means finding the perfect place to settle down. Being retired doesn’t mean that you sit around all day doing nothing. You could enjoy life to the fullest, surrounded by natural beauty and a friendly community.

“Time is something you cannot get back, so you have to plan. A financial plan is necessary to achieve your financial goals. If you want to enjoy your retirement make sure you retire in a place where you can do the things you love to do.” says Gary W Isler senior vice president of David Lerner Associates. “For those who love water and the great outdoors, a lake town might be the perfect destination.”

Here are some of the best lake towns to consider retiring in the USA.

Lake Tahoe, California/Nevada:

Lake Tahoe is a natural wonder. If you have enough saved for your retirement, this could be the place for you. With crystal-clear waters surrounded by towering mountains, it is beautiful. The breathtaking scenery offers a range of outdoor activities for retirees to enjoy. Older folks can choose from boating, fishing, and hiking in the summer and skiing or snowboarding in the winter. If culture is a priority, there are also plenty of cultural attractions. You can pick from loads of places including casinos, and theaters. If you are a foodie, fine dining in magnificent settings can be enjoyed, like Christy Hill Lakeside Bistro with one of the best views of the Lake. Or head into the mountains for stellar views of Squaw Valley. Framed by huge glass windows, some consider Six Peaks Grille at the Resort at Squaw Creek as the ultimate in fine dining. If you are thinking of retiring here, you can choose from a variety of residential options. There are small mountain cabins up to luxurious waterfront estates.

Lake Keowee, South Carolina:

Lake Keowee is in the foothills of the Blue Ridge Mountains and is a hidden gem of the southeast. The lake offers a serene, peaceful environment and a wide range of recreational activities, including boating, fishing, and golf. This area offers retirees who have not saved as much as they may have liked a great way of life. The town of Seneca, on the lake, is a growing retirement community with a low cost of living, great healthcare facilities, and a warm and friendly atmosphere.

Lake Geneva, Wisconsin:

Lake Geneva is a charming and historic resort town, on the shores of Geneva Lake. Retirees can enjoy a relaxed, lakeside lifestyle and take advantage of the many cultural and recreational opportunities available, including boating, fishing, and golf. Lake Geneva has a strong sense of community, and retirees will find plenty of opportunities to get involved and make new friends.

Lake Powell, Arizona/Utah:

Lake Powell is a stunning lake in the heart of the southwestern desert to retire in. It's surrounded by red rock cliffs and canyons. As with any Lakeside community, retirees can enjoy outdoor activities on the water. You can also enjoy the rich cultural heritage of the area, including Native American history and art. Lake Powell is a popular retirement destination. It boasts a friendly community and there is a range of residential options, from lakefront homes to lower-cost RV parks. You don’t have to be a millionaire to retire near a lake.

Lake Oswego, Oregon:

Lake Oswego is a picturesque lake town located Portland, Oregon. Retirees can enjoy a relaxed, lakeside lifestyle, surrounded by lush forests and rolling hills. Lake Oswego is a great place for outdoor enthusiasts. The town has a strong sense of community, and retirees will find plenty of opportunities to get involved and make new friends.

Lake towns offer retirees a unique combination of natural beauty, recreational opportunities, and a strong sense of community. Whether you're looking for a peaceful retreat or an active, outdoor lifestyle, there is a lake town in the USA that's perfect for you.


Material contained in this article is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates, Inc.

This material does not constitute an offer or recommendation to buy or sell securities and should not be considered in connection with the purchase or sale of securities.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law.  Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable– we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

David Lerner Associates does not provide tax or legal advice. The information presented here is not specific to any individual’s personal circumstances.

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