3. Devon, South West
If you dream of retiring by the sea it is likely that Devon has a home that will match your requirements. The area is incredibly well suited for retirement with towns such as Torquay being one of the UK’s official Age-friendly Communities. Devon offers better weather than much of the UK and allows for a busy social life with golf, sailing and many other sporting clubs throughout the county. Devon might have miles of coastline but it also has much to offer inland with the moorlands of Exmoor and Dartmoor ready to explore. If you’d prefer to live in a city in Devon both the historic cities of Exeter and Plymouth have much to offer.
Population: 795,000
Median House Value at Devon, South West: £281,448
Median Monthly Rent at Devon, South West: £1,269
Tip 1: Do what is right for you- It is vital that you make sure that you fully understand all your options so that you can make informed decisions to best suit your needs. Jonathan Watts-Lay, director of WEALTH at work, says: “Deciding to retire can be exciting, but it can also be daunting. “Hopefully our top tips will encourage people to take stock this new year and also help them feel more confident about what they need to know, where to go for help, and, crucially, what they need to be wary of.