When most people think about retirement, soaking up the sun in Florida or relaxing in another popular senior destination might come to mind. According to the Administration for Community Living (ACL), nearly 33% of Florida’s population will be 60 and older by the year 2030, making it a top choice for retirees. However, with so many seniors flocking to these sunny spots, the cost of living can quickly add up. For those on a fixed income, living in these well-known locations might seem out of reach.
Often overlooked by many, Michigan is a hidden gem that offers many of the same benefits as other popular retirement destinations at a more affordable price. Below are the best places to retire in Michigan, each offering unique advantages for a fulfilling and affordable retirement.
Why Michigan Is A Great Place To Retire
If you’re freshly retired or nearing retirement, you might be wondering, “Is Michigan a good place to retire?” Absolutely! Retirement presents a fresh chapter in life, full of fun and adventure, and the Great Lake State offers that and more. From exploring the stunning shores of the Great Lakes to enjoying scenic hikes in the numerous charming state parks, Michigan provides a wide variety of enjoyable, senior-friendly activities to fill your time.
Additionally, nearly a quarter of Michigan’s population is over the age of 60, providing plenty of opportunities to form meaningful connections. Furthermore, Michigan’s cost of housing is about 10% lower than the national median, making it an appealing choice for those looking for affordable options without sacrificing quality of life. Whether you’re seeking the thrill of outdoor adventures or simply a warm and welcoming community, our list of the best places to retire in Michigan has something for everyone.
1. Traverse City
For those seeking a balanced lifestyle of outdoor adventures, cultural experiences and a warm community atmosphere, Traverse City is an option worth considering. With 21% of its population being seniors over 60, the area offers a ton of enjoyable, senior-friendly activities, like boat tours on Lake Michigan, wine tours in the Leelanau Peninsula and numerous well-maintained hiking trails.
The cost of living in Traverse City is about 8% lower than the national median, making it one of the best places to retire in Michigan. If you love to enjoy the great outdoors, Traverse City also offers scenic attractions, like the Sleeping Bear Dunes National Lakeshore and the beautiful Old Mission Peninsula. And, Traverse City’s bustling farmers markets and thriving arts scene ensure there’s always something exciting to look forward to.
2. Ann Arbor
Seniors who love to enjoy different culinary cultures and vibrant festivals, like the Ann Arbor Art Fair, will find Ann Arbor particularly appealing. About 12% of Ann Arbor’s population is over 60, providing plenty of opportunities for social connections. This city also offers plenty of fun, senior-friendly activities, like exploring the Ann Arbor Hands-On Museum and participating in local art fairs.
Ann Arbor’s cost of living is slightly higher than the national median, but the vibrant lifestyle it offers can make it worthwhile. Additionally, Ann Arbor has a good number of health care facilities and a variety of volunteer opportunities, making it a well-rounded choice for those seeking to retire in Michigan.
3. Petoskey
If you’re looking for the best place to live in Michigan for retirees, the city of Petoskey can be an excellent option. With 20% of its population being over 60, Petoskey is a welcoming place for retirees. Senior-friendly activities include visiting Petoskey State Park, exploring the historic Gaslight District and enjoying the local farmers market.
The cost of living is about 10% lower than the national median, making Petoskey one of the best places to retire in Michigan for seniors on a budget. Petoskey also offers rich and vibrant cultural experiences with its local theaters and historical tours, providing a perfect mix of relaxation and engagement for retirees.
4. Grand Rapids
Grand Rapids is great for active retirees who enjoy the convenience of urban living. About 14% of its population is over 60, providing a substantial retiree community. Furthermore, the cost of living is about 9% lower than the national median, making Grand Rapids worth considering for seniors on a fixed income.
You can enjoy scenic attractions like the Grand River and Millennium Park. Additionally, residents of Grand Rapids have access to numerous health care facilities and a variety of community centers, making it a convenient and enriching place for retirees to settle down.
5. Holland
Holland offers an excellent alternative for retirees seeking affordable beachside living options. Senior-friendly activities include relaxing at Holland State Park, exploring Windmill Island Gardens and participating in the annual Tulip Time Festival.
The cost of living in the city is about 8% lower than the national median. Scenic attractions include the shores of Lake Michigan and the Big Red Lighthouse. Holland also has a strong sense of community with numerous clubs and organizations that cater to seniors, ensuring you have ample fun activities to keep you active and engaged.
6. Midland
Midland is perfect for those who enjoy socializing and exploring the outdoors. With about 18% of its population over 60, there’s already a strong senior community. The city also offers plenty of enjoyable, senior-friendly activities, such as visiting Dow Gardens, walking through the Chippewa Nature Center and attending local theater productions. Midland also offers numerous volunteer opportunities and community events, fostering a strong sense of belonging and purpose among its senior residents.
7. Saugatuck
Saugatuck offers a perfect blend of small-town charm and vibrant arts culture. If you love exploring art galleries, enjoying scenic views and participating in community events, you’ll feel right at home here. Furthermore, the town has a high percentage of seniors, making it easy to find new friends and social groups.
You can spend your days relaxing at Oval Beach, taking boat tours on the Kalamazoo River or strolling through the quaint downtown area. The cost of living is reasonable, and the friendly community makes Saugatuck a wonderful place to enjoy your retirement.
8. Frankenmuth
Frankenmuth is great for retirees because it offers a charming, unique atmosphere with plenty to do. You’ll love the quaint, German-inspired town, famous for its Bavarian festivals and cultural events. With 19% of the population over 60, you’ll find a welcoming community of fellow retirees. The cost of living is about 5% lower than the national median, making it affordable. Plus, the beautiful Cass River and Heritage Park provide lovely spots for leisurely walks and picnics.
9. St. Joseph
St. Joseph, Michigan, provides a peaceful and laid-back atmosphere, making it an ideal choice for those seeking the best place to retire in Michigan. The town has a charming, small-town feel with plenty of local events, farmers markets and art shows to enjoy. With 17% of its population being seniors, you’ll find a strong community of peers.
The cost of living is about 7% lower than the national median, making it an affordable option for those on a fixed income. Plus, there are excellent health care facilities nearby, ensuring you have access to the care you need. Whether you enjoy beach walks, exploring local wineries or simply soaking in the scenic beauty, St. Joseph can be one of the best places to retire in Michigan.
10. Marquette
If you’re considering the best places to retire in Michigan, Marquette, Michigan should be on your radar. Located on the shores of Lake Superior, the port city offers a combination of stunning natural beauty and a welcoming community. You can enjoy breathtaking lake views and the opportunity to indulge in outdoor activities like hiking in Presque Isle Park and fishing in the numerous local lakes. With 15% of the city’s population being over 60, you’ll find plenty of fellow retirees to connect with.
Senior Living With StoryPoint Group Communities
At StoryPoint Group, we have nearly 50 senior living communities in Michigan, and we believe your retirement years should be fun and relaxed. From our healthy and delicious chef-prepared meals to a fun-filled activity calendar, our vibrant communities are designed to help you make the most of your golden years. To learn more about our senior living options across Michigan, contact us or give us a call today at 1-844-275-9990. We can’t wait to get to know you!
