Boca Raton Retirement Planning: Florida's Best Retirement Community
Whether you are planning to retire in Boca Raton that’s been voted one of the very top-ranked retirement communities in Florida or are already enjoying your retirement here, here’s how to make the most of your retirement in this beautiful seaside community for the most rewarding experience of your life.
How can you fully enjoy all that Boca Raton has to offer if you need to be concerned about your financial well-being? Key is being fully prepared with a written financial plan that increases your chances of achieving a successful retirement by as much as 70% whether you are approaching retirement or are already retired.
Seaside Living with a Great Climate
What makes Boca Raton such an ideal retirement community is that it has some of the best year-round weather you will find anywhere with a rich downtown center full of restaurants, hundreds of stores, theaters and museums you can enjoy in a laid-back ocean front setting.
The great climate makes for abundant leisure activities like golfing on any of the city’s 30 golf courses, tennis or walks on the beaches that are easy to get to. For many, Boca Raton retirement living revolves around country club activities in the city’s many gated communities and enjoying the many cultural and shopping opportunities in the downtown area that makes it such a great place to enjoy life!
Downtown Shopping and Cultural Centers
Mizner Park is the high-end shopping and residential district that has become the cultural center of the community. Built in a Mediterranean Revival architectural style with palm tree lined cobble stone streets that give the community a special flavor and charm.
Along with the high-end shops, boutiques and fine restaurants are some the city’s leading cultural centers including the Boca Raton Museum of Art and the Mizner Park Amphitheater that supports regular ongoing theatrical and performance concerts.
The Town Center is another major upscale shopping area with over 200 stores and fine dining.
Cultural entertainment is an important part of Boca Raton retirement living and for nightlife there is a wide range of performing art venues including The Wick Theater and Costume Museum, the Slow Burn Theater , the Willow Theater at Sugar Sand Park, and the FAU University Theater that all have regular stage shows.
Live jazz performances can be seen at the Jazziz Club. Two clubs where comedy can be enjoyed are Sick Puppies Comedy and the Boca Black Box .
Other cultural museums and art centers include the Boca Raton History Museum and the Thomasz Rut Fine Art Gallery .
Many consider Boca Raton a “Right size city” where you have the perfect balance between all the benefits of urban culture and shopping in a beautiful natural seaside environment with plenty of open spaces created by the waterways.
The expansive oceanfront vistas and extensive inlets full of yachts and luxury condos makes outdoor activities another centerpiece of Boca Raton retirement living. No matter where you live in Boca Raton you are always near water and the beach.
Public beach access is easy at several points along the coast. Fishing is great on the intercoastal waterway at Spanish River Park that also has a "Bark Park" for dog lovers that’s an ongoing dog party.
Down the coast at Red Reef Park there is good snorkeling with lots of trees and clean beaches. South Inlet Park has plenty of easy beach access and parking, and South Beach Park has more limited parking.
Boca Raton has two nature centers including the Daggerwing Nature Center that has an exhibit hall with live animals, boardwalks and an observation tower where you can survey the waterways of the Burt Aaronson South County Regional Park that has a boat launch for fishermen. Peakcock Bass are a very popular game fish that inhabits these endless miles of waterways that are a paradise for fisherman.
The Gumbo Limbo Nature Center on the beach has boardwalks, thousands of tropical fish, a butterfly garden and educational programs on the marine environment and endangered sea turtles.
A Safe City with Many Gated Communities
Boca Raton has over thirty gated communities including three of the top ten most expensive gated communities in America. It is a safe city with a relatively low crime rate with the friendliness you feel in people who gravitate to someplace because they appreciate and love natural beauty.
Besides the safety and security you would expect living in a gated community there are many amenities that usually include a club house, tennis courts, a community pool and a fitness center.
Excellent Medical Care and Facilities
Close proximity to quality medical care is an important consideration for any retiree, and Boca Raton has over 2,000 medical doctors and two hospitals, the Boca Raton Regional Hospital and West Boca Medical Center.
Easy Transportation with Proximity to International Airports
Transportation within Boca Raton is easy being a very accessible city. The South Florida location offers close links by road, rail and being on the coast boat transportation to other nearby metropolitan areas and airports.
To the North Palm Beach International airport is 20 miles away, Fort Lauderdale-Hollywood International Airport is 21 miles to the south, and 48 miles to Miami Beach.
Retirement Planning and Wealth Management are Key
Enjoying the fruits of Boca Raton retirement living takes both a solid retirement plan and on-going Wealth Management to sustain your golden years in comfort.
That plan should include a formal Retirement Income Distribution Plan (RIDP) to provide confidence that your assets will last for the rest of your lives. You don’t need to be worrying about whether or not you will outlive your money!
You should have a plan (RIDP) created with reasonable projections of returns, preferably in coordination with a Certified Financial Planner™ (CFP®). Once you have accomplished creating your plan, the CFP®, working in a capacity as your wealth manager/financial advisor can help you execute and provide the on-going monitoring and adjustments that will be needed over the years.
Finally, your retirement planning should address how you will take care of the costs of any care that you may need later in life as well as putting in place proper estate planning strategies so that you will control how you choose to take care of your family, friends, church, synagogue or charity and have your legacy live on.
Taking charge of your future will go a long way to giving you the peace of mind and financial confidence to enjoy the incredible lifestyle that Boca Raton and South Florida have to offer!
Let Valued Wealth Management be your guide for successful Boca Raton Retirement Planning