East Tennessee has it all for those seeking a serene and picturesque retirement destination from enchanting beauty and rich culture to warm hospitality. Retirement marks a significant turning point in life, and choosing the perfect place to spend your golden years is crucial. Shannondale is here to guide you through what it’s like to retire in East Tennessee, a region where the beauty of the Appalachian Mountains meets the charm of southern living.
To assist in making a well-informed decision, we’ve highlighted several key factors to consider when determining the ideal retirement destination. Here is what to consider when choosing a place to retire:
East Tennessee Cost of Living and State Taxes
One of the most appealing aspects of retiring in East Tennessee is its affordability. The cost of living here is well below the national average, making it an excellent choice for retirees. Moreover, the absence of state income tax means your retirement income goes further. This financial freedom provides the means to invest in your well-being, leisure activities, and local exploration.
Access to Healthcare Services
The region boasts world-class medical and healthcare services, ensuring that your health needs will be well taken care of. Knoxville, East Tennessee’s largest city, is home to several world-class healthcare institutions including The University of Tennessee Medical Center which was awarded the TNCPE Excellence Award for performance and quality of medical services. While Maryville is conveniently located just outside of Knoxville, there are many hospitals and specialist physicians that are some of the best health care in the region. You can rest assured knowing that your health needs will be well taken care of.
Long-Term Care Availability and Cost
East Tennessee, like many other regions, recognizes the importance of providing comprehensive long-term care options for its aging population. The area is home to numerous assisted living, nursing homes, and senior care communities, ensuring that there are choices to suit a variety of needs and preferences. East Tennessee provides various housing options designed for aging individuals, including senior living communities like Shannondale, which cater to retirees’ unique needs. Shannondale is a continuum of care community, meaning it provides a series of living options at various levels of support. The lack of Tennessee’s state income tax means that retirees can stretch their retirement income further and allocate funds to long-term care needs without additional tax burdens.
In Tennessee, the absence of estate tax rules is a significant financial advantage for retirees. Unlike some states, Tennessee doesn’t impose taxes on your estate even after your passing, ensuring that your legacy remains intact for your beneficiaries. When you choose Tennessee, the tax-friendly environment is just one of the many reasons why it’s an ideal state for retirement.
Year-Round Weather and Climate in East Tennessee
East Tennessee stands out as an attractive destination for retirees not only due to its enchanting landscapes and warm communities but also because of its ideal year-round climate. When compared to other regions in Tennessee, East Tennessee offers a climate that is both temperate and well-balanced, making it a prime choice for those seeking comfortable living conditions throughout the year. Average summer temperatures typically range from the mid-80s to the low 90s. While the average winter temperatures typically fall within the range of the mid-30s to low 50s. This means you can engage in outdoor activities, and explore the region’s scenic wonders at any time of the year.
Entertainment and Socialization
East Tennessee is famous for its southern hospitality and charm, making it a perfect place for retirees seeking to enjoy the warmth of community and social connections during their golden years. For those who wish to stay engaged and vibrant throughout retirement, Knoxville and Maryville both offer a diverse array of museums, art galleries, farmers’ markets, and sports events.
Both Knoxville and Maryville are home to great higher education Universities and Colleges. The University of Tennessee in Knoxville is home to 28,883 undergraduate students and 2,075 faculty members. The University brings life to Knoxville, providing diversity, entertainment, and a culture of community. Maryville is home to Maryville College, a private liberal-arts school that is one of the 50 oldest colleges in the United States. Students and faculty of the college often hike, climb, canoe and participate in a range of other outdoor activities. The campus is home to the beautiful MC woods, a protected and managed multi-use 140-acre forest for the enjoyment of the Maryville community.
East Tennessee Lifestyle
Whether you prefer the serene charm of the region in Maryville, or the vibrant city life in Knoxville, Tennessee offers retirees a range of choices. For those who opt for city living, Knoxville and its surrounding area consistently ranks highly in its retirement statistics. Abundant healthcare resources, a comfortable climate, good air quality, a robust local economy, and the absence of state income or estate tax further solidify Knoxville and Maryville reputation as perfect destinations in east Tennessee for retirees seeking the best of both worlds.
Retirement should be a time of relaxation, exploration, and fulfillment. Choosing the right destination is crucial to ensuring a retirement filled with joy and contentment. East Tennessee, with its stunning natural beauty, affordable living, quality healthcare, and welcoming communities, presents an ideal choice for retirees. Whether you’re drawn to the peaceful charm of the region at Maryville or the vibrant city life of Knoxville, East Tennessee offers a rich tapestry of experiences to create cherished memories in your golden years.
Make your retirement dreams come true by choosing East Tennessee as your retirement destination. If you are interested in learning more about retirement accommodations in East Tennessee, visit https://shannondaletn.com/contact/.