Laissez les bon temps rouler! We’re observing Mardi Gras with these reasons to consider New Orleans as part of your next chapter.
New Orleans was recently named one of the best cities in the U.S. to retire, citing affordability, weather, and the presence of fellow retirees. Sense of community and active lifestyle are big factors in finding post-retirement happiness, and NOLA has them in spades. Another perk, reports Kiplinger, “Social Security and federal government and military retirement benefits are tax-free, and property taxes are low.”
Other considerations that placed New Orleans at #2 on the list included “its low cost of living, rich culture and food, and the availability of events and services for seniors.” A more recent study from WalletHub cited affordability and activities when they included the Crescent City in their list of most desirable places to retire.
Finally, New Orleans is a great place for GenXers and Boomers to find love– Grandparents.com named it one of the 6 top cities for singles over 50.
Read the full article: New Orleans among the best cities to retire
AirBnB is providing more and more people with an additional source of income, and for those post-retirement, it can make a big difference in their financial outlook. But the company has come under fire for flouting regulations regarding short-term rentals in cities across the U.S. They’re working to change that, starting with a program that originated in NOLA.
Working with the city of New Orleans, AirBnB has implemented a system that they hope will serve as a model for other cities, facilitating a way for their hosts to register with the city to pay mandated taxes and licensing fees. As a result, they’ve generated over $3 million in tax revenue and said through a spokesperson, “We are proud we can help our hosts earn money to pay their bills, and generate tax revenue and new funding for affordable housing.”
Photo credit: PDPhotos