New York Real Estate: Top 3 Retirement Communities in NYC

Despite the accumulated wealth after decades of hard work, you still don't want to spend all you can and live like a retired king or queen at 65. After all, your savings aren't unlimited. So, for Americans or anyone who want to loosen up on their expenses in their retirement age, New York has something for them.

Saratoga Springs

This place is specifically beneficial for retired artists as this historic city is known for its artistic places and shopping like the Satoraga Performing Arts Center, the dubbed "cultural hub of upstate New York." Satoraga is also a good place for house racing which makes the place the most sought-after during summer. You can get a home for $260,000 and a cost of living which is 20 percent higher than the average. Market Watch says retirees can also enjoy a variety of food in over 100 restaurants which are cooked by high-caliber chefs.

Village Vistas

Situated in Port Jefferson, Village Vistas has 43 homes, each with 2,300 square feet, with prices between $800,000-$900,000. Each home has two to three bedrooms, two-car garages, and 2.5 bathrooms. Located along Long Island's north shore, Village Vistas is a perfect place for retirees to have a perfect view of Port Jefferson Harbor. According to Investopedia, the place has also plenty of biking trails and scenic walking trails fit for the residents' outdoor activities.

Ithaca

Ithaca is a reasonable place for someone who has a great love for learning with Cornel University and Ithaca College, the top-rated universities in Ithaca. These top schools offer adult classes including music and arts, among others. Spokesperson for Ithaca/Tompkins Convention and Visitors Bureau, Bruce Stoff says via Market Watch that lectures, public concerts and arts events happen almost every day and the best part is most of them are free of charge especially events held in the campus.