Cape Cod Just Might Be the Perfect Retirement Destination

You might have visited Cape Cod’s sandy beaches as a child during your summer family vacations. Or perhaps, you’ve been treating your own family to vacations in Cape Cod and fallen in love with its many quaint communities such as Barnstable, Yarmouth, Hyannis, and Provincetown. You might have not only come to enjoy the beach, but also the spectacular fishing (both salt and freshwater) along with the great golfing opportunities. 

In the winter months, Cape Cod often gets snow, and there’s nothing quite like walking a beach in the winter while the surf rumbles against the sandy shoreline, and then later on, heading inside for a warm fire and a cup of hot cider. And as for lobster? You can enjoy it all year round. 

For many, Cape Cod will always remain the perfect vacation spot any time of the year. Especially for those who, after retirement, choose to remain in their primary residence. But the retirement years can leave you short on cash. That means far less time spent on vacation in Cape Cod or anywhere else for that matter. 

But there’s one very effective solution for that. It’s called, the reverse mortgage. It allows you to tap into all that equity you’ve been building up for decades. You can receive the loan in a one lump sum payment or monthly disbursements. You never have to pay another mortgage payment again and the loan doesn’t have to be paid back until you die or move.  

Says a spokesman for All Reverse Mortgage ™, a reverse mortgage lender, with interest rates being a primary factor in determining just how much cash you will receive, borrowers who nab the lowest rates will be the beneficiary of more proceeds. Lower rates also mean betters equity performance retention for the life of the loan. 

That said, perhaps now that you’ve retired and the children have moved on, you no longer wish to remain in your family home. Taken an exciting step further, maybe you don’t want to be a Cape Cod tourist anymore, but instead, a permanent oceanfront resident. 

According to a new report, Cape Cod is one of the U.S.’s top travel spots. With its good, four-season weather, breathtaking coastline, long nautical history, great oceanfront housing opportunities, it seems to have something for everyone no matter your age. That’s why so many people are deciding to skip Florida, and instead, retire to “the Cape.”

Here’s just a few reasons why you might want to pack up and move to Cape Cod the day after you retire.  

Lots to Do

Established as a part of the 13 original U.S. Colonies, Cape Cod is awash with history. It’s 1.5 hour drive to Boston means you can easily get to the city to take in all of its historical landmarks and cultural opportunities. 

Or, if you’d rather stay closer to home, the Cape offers lots of possibilities for taking in the wildlife, plus museums and art galleries, and naturally, all those public beaches. Cape Cod is filled with so many little towns to explore, from Plymouth all the way up to rural Truro, you will never get bored. 

Good Weather

Cape Cod’s weather is generally temperate, meaning it doesn’t get as hot as other New England locations during the summer months, and it doesn’t get as cold in the winter. But it does get snowstorms which, once upon a time, could prove hazardous for the many whalers who called the place their home.  

While most retired persons would rather settle down in a place that’s warm all year-round, those who choose to live full-time in Cape Cod enjoy four-season living. Simply said, they don’t like to be hot all the time. 

Living on the Coastline

Living full-time within direct proximity of the ocean is the ultimate dream for lots of retirees. A coastal area is not only filled with natural beauty, but it also offers the chance to take in the beaches, the swimming, the fishing, the sailing, the jet skiing, and the boating. 

If you have children and grandchildren, there’s always something to keep them occupied, not the least of which is packing up a picnic lunch, some shovels, and pales, and taking them to the beach for the day. This is one of Cape Cod’s main advantages. 

The oceanfront supports its own unique local community. As time passes, you begin to recognize some of the same faces sunning themselves on the beach, or fishing off one of the public piers, or picking up a newspaper and some freshly brewed coffee at a small, family-run café (or a lobster roll and some clam chowder at lunchtime). 

You might even get to know the “summer people” who arrive in late June for the summer season and who depart after Labor Day in September.


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