10 Best and Worst Places To Retire If You Have No Savings

Best and Worst Places

10 Best and Worst Places To Retire If You Have No Savings PUBLISHED BY | TRAVELLINGKNOWLEDGE

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Best Places to Retire in New Jersey Without Savings

As the state capital, Trenton offers senior community centers, property tax reimbursement programs and affordable subsidized housing for qualifying low income seniors.

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Home prices and rents can be 50% lower than other parts of the Jersey Shore. Casinos provide free cover charges, buffets and slot cash that help stretch your entertainment budget.

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Bayonne

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With Rowan University helping keep things active, Glassboro offers affordable 55+ communities and rental complexes for seniors starting around $1,000 a month.

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Rural county seat with historic charm has average rents near $800/month. Cost of living is almost 15% below national average.

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Millville

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Places to Approach with Caution

Despite its vibrant, youthful appeal and spectacular Manhattan views, Hoboken comes with Manhattan level pricing. Even studios average $1800+ in rent which is unaffordable with no savings.

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The affluent communities around Princeton such as Hopewell Borough and Montgomery Township are certainly attractive but home values surpass $800,000.

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Jersey City

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While the revival of Asbury Park's downtown and boardwalk scene is exciting, rents have also increased around 40% recently to about $1800/month on average

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The upscale resort town on 7 Mile Beach has a way of life many dream of but no savings makes affording the $3000+ average summer rentals impossible.

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Conservation

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Best and Worst Places

Best Places to Retire in New Jersey Without Savings

As the state capital, Trenton offers senior community centers, property tax reimbursement programs and affordable subsidized housing for qualifying low income seniors.

Trenton

Home prices and rents can be 50% lower than other parts of the Jersey Shore. Casinos provide free cover charges, buffets and slot cash that help stretch your entertainment budget.

Atlantic City

Bayonne

With Rowan University helping keep things active, Glassboro offers affordable 55+ communities and rental complexes for seniors starting around $1,000 a month.

Glassboro

Rural county seat with historic charm has average rents near $800/month. Cost of living is almost 15% below national average.

Bridgeton

Millville

Places to Approach with Caution

Despite its vibrant, youthful appeal and spectacular Manhattan views, Hoboken comes with Manhattan level pricing. Even studios average $1800+ in rent which is unaffordable with no savings.

Hoboken

The affluent communities around Princeton such as Hopewell Borough and Montgomery Township are certainly attractive but home values surpass $800,000.

Princeton Region

Jersey City

While the revival of Asbury Park's downtown and boardwalk scene is exciting, rents have also increased around 40% recently to about $1800/month on average

Asbury Park

The upscale resort town on 7 Mile Beach has a way of life many dream of but no savings makes affording the $3000+ average summer rentals impossible.

Avalon

Conservation

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