Why You Should Retire in Savannah, GA

Are you looking for a charming and historic city to spend your golden years? Look no further than Savannah, GA. Known for its breathtaking architecture, rich cultural offerings, and warm weather, Savannah is the perfect place to retire. 

Whether you’re interested in the arts, enjoying a round of golf, or simply soaking up the sun on the beach. Savannah has something to offer everyone. 

So let’s take a closer look at what makes Savannah such a popular retirement destination. From its fascinating history to its affordable cost of living. Let us show you why Savannah might just be the perfect place to call home in your retirement years.

History

Savannah’s rich history is evident throughout the city. From its beautifully preserved historic homes to its charming cobblestone streets and Live Oaks. Founded in 1733, the original capital of Georgia played a key role in the colonial history of the United States. Over the years, the city has been shaped by a diverse range of cultures and influences.

One of the most striking examples of Savannah’s history is the city’s impressive array of architectural styles. From the grand mansions of the Victorian District to the colonial influenced homes of the Downtown Historic District. Savannah’s architecture tells the story of the city’s evolution over time. And when you buy a Historic Downtown home, you own a part of Savannah’s history.

Savannah’s architecture is also a key part of its cultural identity. There are several national historic landmarks and buildings that have been beautifully preserved over the years. 

Forsyth Park, for example, is home to the iconic Forsyth Fountain, a popular gathering place for locals and visitors alike. The Cathedral of St. John the Baptist, a stunning example of French Gothic architecture, is another must-see attraction.

Savannah is also known for its contributions to the arts. Visitors can explore the Mercer-Williams House Museum, the former home of the composer and lyricist. Or take a tour of the Flannery O’Connor Childhood Home to learn more about the city’s literary history.

Culture

Savannah’s arts and is a major draw for retirees with a wide range of museums, galleries, and theaters to explore. 

One of the most notable museums is the Jepson Center for the Arts, which features contemporary art exhibits and interactive installations. The SCAD Museum of Art, housed in a restored 19th-century railroad depot, is another popular destination. It showcases cutting-edge contemporary art and design.

In addition to its museums and galleries, Savannah also has a thriving performing arts scene. There are theaters and music venues offering everything from classical performances to contemporary productions. The historic Savannah Theatre, dating to 1818, is one of the oldest continually operating theaters in the United States. The theatre is known for its lively musical productions.

Other events include the Annual Savannah Tour of Homes and Gardens and the Savannah Film Festival. And who could forget the iconic St. Patrick’s Day celebration? Savannah boasts the third-largest St. Patrick’s Day Parade in the country. With so many events to choose from, Savannah residents always have something to look forward to.

Weather

Savannah’s warm and sunny climate is a major attraction for retirees looking for a comfortable place to spend their golden years. With an average temperature of around 70 degrees, the city enjoys long, hot summers and mild winters. 

The warm weather allows retirees to enjoy a wide variety of outdoor activities throughout the year. Savannah’s beautiful beaches and coastal areas are also perfect for water sports, fishing, and other outdoor recreational activities.

Entertainment

Savannah is a vibrant city that offers retirees a wide range of entertainment options to enjoy. The city’s downtown area is known for its nightlife, with plenty of bars and music venues. In addition, many restaurants offer live music and entertainment throughout the week. 

Many of the city’s restaurants also feature outdoor seating. This allows diners to enjoy Savannah’s warm climate while they enjoy diverse and delicious cuisine.

Savannah is also a great destination for shopping. There are a variety of stores and boutiques offering everything from handmade crafts to high-end fashion. Historic Downtown is particularly known for its fantastic shopping, providing plenty of opportunities to browse and explore.

Adventures

One of the great things about retiring in Savannah is the abundance of opportunities for adventure and exploration. The city is surrounded by natural beauty, from beaches to nature reserves. This makes it the perfect base for day trips and excursions.

Tybee Island is a popular destination for anyone looking for a beach getaway, located just 20 minutes from Savannah. The island boasts miles of pristine sandy beaches, and visitors can enjoy activities like swimming and  sunbathing. And if the island life sounds like it may be for you, Tybee Island homes offer styles to meet all needs.

Anyone looking for ways to give back to the community can also find plenty of opportunities in Savannah. There are numerous local organizations and nonprofits that rely on volunteers to support their work, from animal shelters to community gardens. 

Retirees can use their skills and expertise to help those in need while also enjoying the sense of purpose that comes with giving back.

Cost of living

As active adults approach traditional retirement age, they often wonder whether they’ll outlive their nest eggs. Savannah helps ease those worries by boasting a cost of living 17% below the national average.  

Georgia’s reputation as a tax-friendly state provides more fiscal comfort. Social Security and income from IRAs and 401(k)s up to $35,000, is tax-exempt for individuals ages 62-64.  While a $65,000 exemption is available to those 65 and older.

Additionally, homeowners in the Savannah area can take advantage of Georgia’s homestead exemption. There are many exemptions available at the state, county, and municipal level.

Georgia also boasts one of the lowest sales taxes in the United States with a 4% state levy and an average combined rate (state and local) of 7.33%. Older adults also enjoy a deduction – or in some cases, an exemption – on property taxes, depending on age, income, and property value. 

All told, someone with a $1 million nest egg can expect it to last more than 24 years. This secured Georgia’s spot as one of the best places to live in retirement. 

Conclusion

Savannah is more than just a top vacation destination. It’s also a fantastic place to spend your golden years. This vibrant city is alive with imaginative and lively energy. It’s no surprise that Forbes agrees and named Savannah one of the 25 Best Places to Retire.

To sum it all up, Savannah is truly a wonderful place to retire.. It’s no wonder why so many active seniors choose to call it home! 

If you’re interested in finding your dream retirement home in the Savannah area, don’t hesitate to contact the Heather Murphy Group. 

Our team of experienced real estate professionals is dedicated to helping you find the perfect home that fits your unique needs and lifestyle. Contact us today to start your journey towards retirement living in beautiful Savannah.