Memphis Retirement

By Brian Kline | May 3, 2019

What is your ideal for your golden years? A water front view? Memphis has the Mighty Mississippi River coursing through the city. Besides the view, hop a riverboat for cruises that last from a few hours to a full week. What’s even more attractive about retiring to Memphis is a large city full of history, music, some of the best food in the country, entertainment galore, and much more.

baby boomers retirement

When it comes to a retirement community, you'll find plenty of options and reasons to select Memphis. It starts with the pleasant climate and affordable living. Of course, retirees want more than nice weather and an inexpensive place to live. The amenities and resources for retirees are plentiful in the Memphis region. Memphis abounds in recreation centers, places to find delicious food, opportunities to volunteer, and many other activities attractive to seniors.

The local government and churches have events and outreach programs geared specifically towards seniors. However, if you're not overly fond of the city life, there are senior orientated communities a short drive from the city that will appeal to you while keeping you close enough to the city hub to take advantage of what it offers too.

Senior Living Options in Memphis

There are over a 100 senior living specific communities in Memphis. These range from independent living facilities to fully staffed nursing homes. Individuals have very different ideas about what makes an ideal living environment for their golden years. Many desire the mild climate of the southeast but that is only the beginning of your choices. Some want the companionship that comes with a wealth of organized activities while others seek solitude.

Whether it's golfing, playing shuffleboard, playing tennis, or simply going for a walk, baby boomers have a strong interest in sports. Memphis offers plenty when it comes to being a spectator at professional and college sporting events. Among them are the Memphis Grizzlies (basketball) and Memphis Redbirds (baseball). For $5, you get lawn seating for the Redbirds minor-league baseball team. The University of Memphis offers football, basketball, baseball, soccer, tennis, track, and more.

Memphis Offers Everything You Want in Retirement

The median sale price of a home in the Memphis area was $125,000 in the first quarter of 2019, according to Memphis enjoys all four seasons of the year. January's average low temperature is 41 degrees and July's average is 82 degrees. Annual precipitation is high at 53 inches but it is evenly distributed throughout the year with August through October the driest period.

Much has been written about Memphis’ abundance of entertainment and cultural amenities. If you’re active outdoors in retirement, you also want to consider the natural beauty that surrounds you.

Memphis has many historic sites, parks, and museums. If you’re attracted to the outdoors, try The Wolf River Nature Area where you'll find tree lined walking paths and nature stations featuring information about wildlife conservation and other tidbits about the area’s long history. When you’re ready for a break from your river view in the city, take a day trip to enjoy The Great Smoky and Cumberland Mountains.

For those who enjoy antiquing, there are few better places than the Midtown/Cooper Young neighborhood where you'll find everything from precious estate jewelry and riches from the south to European furnishings.

Memphis is a treasure trove of activities appealing to seniors. The city and region is consistently rated in the top five places for those in their golden years.

Please comment with your thoughts about retiring in Memphis or somewhere else. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. Please email your questions, inquiries, or article ideas to [email protected].

Brian Kline has been investing in real estate for more than 30 years and writing about real estate investing for seven years with articles listed on Yahoo Finance, Benzinga, and uRBN. Brian is a regular contributor at Realty Biz News
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