Thursday, October 31, 2019 / by Mike Shoaff
According to Magnify Money, that is. The personal finance site listed the city at the top of a list of 20 for a FIRE retirement — an acronym for “financially independent, retire early.”
According to the Magnify Money article, “The FIRE approach to retirement has become popular among many younger, millennial savers in recent years. In a nutshell, practitioners of FIRE aim to retire as early as they can, but only once they have achieved a level of financial independence that would free them from conventional employment. The core strategy for building a nest egg that would allow one to retire early is to adopt extremely frugal saving and spending habits.”
Not surprisingly, half of the top 20 cities that made the list are in Florida, a state well-known for its retirement and seasonal resident-friendly reputation.
To achieve the rankings, Magnify Money compiled data on 171 cities across America and scored them on cost of living and quality of life. The val ...
Thursday, October 10, 2019 / by Mike Shoaff
NAPLES is the best place to retire, again, new report shows
It's not surprising that several Florida cities dominate recent lists of the best places in the U.S. to retire.
The weather's almost perfect year round — except for the occasional hurricane — and the cost of living and housing prices are pretty affordable, compared to other parts of the country.
Using similar criteria, MagnifyMoney, U.S. News & World Report and SmartAsset named Naples and other Florida communities as some of the best places to retire.
MagnifyMoney, a personal-finance website, compiled data on 171 U.S. cities to find the places most hospitable to financially independent early retirees who are using its FIRE strategy. FIRE stands for "financially independent, retire early," according to MagnifyMoney.
Naples topped this list and Port St. Lucie came in at No. 3. Other Florida cities that cracked the top 20 include: Crestview (sixth); Northport (eighth); Fort Myers (ninth); Ocala ...
Tuesday, August 13, 2019 / by Mike Shoaff
When you are closing on a sale to buy real estate, the title company or law firm handling the transfer may ask you how you want to take title to the property. If you are not prepared for this question or do not have a lawyer reviewing the documents, this can be a stressful moment that has long-lasting implications.
Are There Any Encumbrances On The Land?
Before you choose how you want to take title to your new property, you will first want to be sure that the seller has full and exclusive rights to sell the property to you – this is called “clear title.” If there is any lien against the property or any other encumbrance on the land, this is said to “cloud title.”
With clear title, you will be purchasing real estate as you expect it – you will have full ownership of the land and any improvements on the land, such as the house, fence, driveway, and septic system. If the seller cannot prove clear title, then you likely will not want to purc ...
Tuesday, August 6, 2019 / by Mike Shoaff
Naples a top city to visit with your canine, report says
Naples was recently named a top city to visit with your dog by Reviews.com, a leading consumer advocacy organization. The new report details the top cities home to the most dog-friendly destinations. Researchers from Reviews.com assessed data provided by TripAdvisor and Touropia to create the list.
Naples ranked 17th out of 567 cities overall and 12th for its numerous dog-friendly amenities. Naples also was among only three Florida cities to make the top 100.
“The greater Naples area is proudly pet-friendly and visitors love bringing their dogs to stroll our main downtown shopping and dining districts of Fifth Avenue South and Third Street South” said Jack Wert, executive director of the Naples, Marco Island, Everglades Convention and Visitors Bureau, in a news release. “We are a boating community, so you’ll see many dogs outfitted with their pet PFD’s on Marco Island&rs ...
Thursday, August 1, 2019 / by Mike Shoaff
According to SmartAsset, the best place to retire in the United States, and one of the best places to retire in the entire world, is none other than Naples, Florida.
SmartAsset reps explained that it came to this conclusion after reviewing the tax burden as well as the prevalence of medical centers, recreation centers, retirement communities, and other seniors.
“The city is in the southwestern region of Florida, situated just on the coast of the Gulf of Mexico. Naples is such a popular retirement destination that fully half of its population are senior citizens,” reps for SmartAsset explained. “With golf courses galore and ample access to health care facilities, it’s no mystery why.”
It noted, for most Americans, Naples provides a great change of scenery and nearly ideal weather without the burden of having to move to a new country where they may need to adapt to a new culture and language. And, it added, it’s a mere 40 ...