A Great Place to Retire
Johnson City has been recognized, approved, and commended by Retire Tennessee and the American Association of Retirement Communities for possessing qualities well-suited for relocating retirees. A robust downtown culture, a climate that’s perfect for gardening, and the absence of a property or pension tax are just a few of the reasons people choose to spend their retirement here. Our reasonable home values are enticing as well, as is the superb medical care provided by the physicians and specialists trained at ETSU’s Quillen College of Medicine, ranked 7th in the nation for rural healthcare by U.S. News & World Report. Visit www.retiretennessee.org for more information.
The Memorial Park Community Center hosts a calendar full of social events for seniors and retirees, which are advertised in the local Senior Lifestyles magazine. Nearby Jonesborough recently opened a senior center for its citizens as well.
Colonial Hill Retirement Center
With a philosophy of honoring its residents with respect and dignity, Colonial Hill has been serving Tri-Cities seniors for over 25 years. Colonial Hill is an independent living retirement community that offers supportive services and features 63 luxury apartments with free wi-fi for residents. Colonial Hill also has a library for residents to use, a piano, a luxe dining room, a rec room with a large flat-screen TV and a Wii system for recreation and fitness, a beautiful outdoor garden, and a covered patio for outdoor socialization in the shade.
Saving for Retirement
Saving for retirement doesn’t have to be stressful or daunting, says Ron Scott, CEO of Appalachian Community Federal Credit Union.
“Start early, and take heart in the fact that any habit of saving for retirement, no matter how small the amount may seem, will be well worth the sacrifice,” advises Scott. “Remember it’s a long game, and don’t be spooked by temporary ups and downs in the market. Resist the temptation to withdraw retirement funds early, and consider increasing contributions whenever you receive an increase in pay since that’s money you’re not yet accustomed to spending.”
Appalachian Community Federal Credit Union is here to help you save your hard-earned money so that you’ll be well taken care of. “Because ACFCU believes financial planning is important for all families regardless of income, we provide services that meet the needs of our members at any stage of life or financial situation,” Scott says. “Our front line members and member development team work with people individually to develop monthly budgets that help them stair-step toward greater financial security.”