Richardson Takes 23rd Spot on MoneyWise Frugal Retirement List

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RichardsonEditor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 23rd city on the list — Thousand Oaks, Calfornia. This week, we look somewhere very familiar: Richardson, where we found three great homes — all for less than $410,000.

“Richardson, Texas, has hot summers and mild winters, and this friendly city has a low crime rate,” MoneyWise said. “The cost of living is a bit higher than in some of the other cities on our list: you’ll need an income of around $72.000 to live comfortably here.”

“Richardson is located near Dallas, so you’ll have big-city amenities while living in a small community of just over 100,000. Three hospitals and 15 medical centers ensure you’ll never be without healthcare when you need it.”

Want to see examples of what you can find in Richardson? Will it be the golf-course Traditional, the brand-new condo, or the upgraded Richardson Heights Midcentury cottage? Head over to SecondShelters.com to find out. 

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Bethany Erickson

Bethany Erickson lives in a 1961 Fox and Jacobs home with her husband, a second-grader, and Conrad Bain the dog. If she won the lottery, she'd by an E. Faye Jones home. She's taken home a few awards for her writing, including a Gold award for Best Series at the 2018 National Association of Real Estate Editors journalism awards, a 2018 Hugh Aynesworth Award for Editorial Opinion from the Dallas Press Club, and a 2019 award from NAREE for a piece linking Medicaid expansion with housing insecurity. She is a member of the Online News Association, the Education Writers Association, the International Academy of Digital Arts and Sciences, and the Society of Professional Journalists. She doesn't like lima beans or the word moist.

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