Viva Las Vegas: Turns Out, It’s Not Such a Gamble for Budget-Minded Retirees

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las vegasEditor’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?

In our last story, we looked at the 22nd city on the list — Richardson, Texas. This week, we look at Las Vegas, Nevada, and found three great homes — all for less than $315,000.

“Despite being known for its famous gambling strip, Las Vegas features a number of communities where retirees can enjoy a high-quality, low cost of living,” MoneyWise said. “A household income of around $50,000 will get you a great lifestyle here.”

“The weather is warm and dry, and the population is quite diverse. And of course, Vegas nightlife is among the best in the world, and entertainment is never far away,” the report continues. “A wide variety of healthcare centers makes this a great place for medical care, too.”

Want to see examples of what you can find in Las Vegas? Head over to SecondShelters.com.

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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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