Fairfax (Virginia)
Fairfax is a historical town located about a half-hour outside of Washington, D.C., and two hours north of Richmond, the state capital. It is conveniently located close to several wonderful parks, including the Meadowlark Botanical Gardens, Great Falls Park, and Scott’s Run Nature Preserve. So, if you enjoy outdoor activities, this would be a great place for you.
Another thing about this town is that it is located in Fairfax County, where 13% of the population is 65 or older. The average rent is $1,881 per month, with a median property value of $563,100.
Virginia’s retirement system is one of the world’s 50 largest private or public pension plans. Furthermore, since Virginia is a tax-friendly state for seniors, you might consider investing in tax-advantaged savings structures such as a 401(k) or individual retirement account (IRA). These can support a full retirement plan, particularly if you receive a pension.
If you are an art enthusiast, Fairfax might be a fantastic option for you, as George Mason University’s EagleBank Arena presents numerous live acts, and the area is incredibly close to Wolf Trap National Park for the Performing Arts, the only wildlife reserve dedicated to performing arts.
