Audio By Carbonatix
Don’t get us wrong — Miami still attracts the olds by the tour bus full, but we’ve come a long way in distancing ourselves from our ’70s reputation as America’s retirement home. Then along comes Money magazine to list us as the 13th best place to retire in the nation.
The problem with Money’s reasoning is that its stats come from the city of Miami (population, percentage of people over 50, and average home price), while its copy extolls the virtues of the city of Miami Beach. Whoops.
So a forewarning to all perspective retirees: Money might lead you to believe you’re going to find a three-bedroom home for $200,000 just steps from the beach and the Art Deco District, but don’t be surprised when your realtor shows you a “quaint” little place in Edgewater or a 43rd-floor unit in one of downtown’s ghostly buildings.
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