Why Relocated Retirees Return Halfway Home

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting optout@55places.com. Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

Halfback Retirees are flocking from communities in the South to destinations farther north.

The lure of a hot climate and sandy beaches leads many Americans from northern climates to retire in semi-tropical locations such as Florida or Southern California, or in the arid deserts of Arizona or New Mexico. Yet many of these retirees later opt for a second relocation to areas slightly more north. These retirees are often called “halfbacks” or “halfback retirees” as their new homes are “halfway back” to their original home states. Many halfback retirees choose to resettle in popular active adult communities found in sections of Alabama, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Virginia and West Virginia.

These areas boast temperate climates, with warm summers and mild winters, while still offering change with the seasons. Mountain and lake areas offer picturesque living, while college towns provide stimulating environments for active adults.

Why Relocate Again?

There are many reasons why retirees may choose to relocate a second time. For some, the long distance to relatives in their home state has been a hardship and the new location will allow more frequent opportunities to visit. For others, the climate of their current location, both environmentally and socially, has not lived up to their expectations. Health concerns may also prompt a move to an area with a reputation for quality medical care, such as Nashville, Durham (NC) or Baltimore.

The high cost of insurance and property taxes in these southernmost states are another common driving force behind a second relocation. Florida halfbacks, in particular, cite high insurance costs as a reason for relocating to another state.

Pete Smith, a State Farm Insurance agent in Northern Virginia, explains, “Insurance companies are struggling in Florida. In 1992, State Farm lost $5 billion from Hurricane Andrew alone.”

This, unfortunately, leads to higher insurance costs for Florida residents, with hazard insurance rates often being four times higher in Florida than in Virginia.

New Trends

The halfback trend is helping to change the American retirement dream. While soon-to-be retirees of the past expected to someday retire in Florida or Arizona, many younger baby boomers are opting to retire in locations such as the Carolinas, Tennessee, or Northern Georgia the first time around. While the halfback trend raises the demand for homes in these popular mid-south states, retirees bring positive change to these communities.

Derek Huggett, Sales Manager for Del Webb’s Lake Providence community in Nashville, Tennessee, appreciates the influx of halfback retirees. “They are making a positive contribution to our local area and especially our community,” Huggett says. “They bring spending power to our local economy without adding a single child into the school systems. And more importantly, they are very generous with their time and get involved in many worthwhile volunteer efforts.”

There are many reasons behind a halfback retiree’s second shot at relocation. Yet all these reasons come down to one simple fact: halfback retirees want to improve their current living situation. Halfback retirees are making the most of their retirement by finding their own ideal retirement location, even if it means finding it twice.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

We're here to help! (800) 928-2055

Call us to speak with a customer service representative.

Subscribe to Our Newsletter

Get Weekly Updates

I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting optout@55places.com. Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

The resort-style pool at Brightmore at Wellen Park in Venice, Florida

New Active Adult Communities Added to 55places.com

In this comprehensive roundup, we bring you the latest additions to 55places.com—a trusted resource for exploring active adult communities. Over the past 30 days, several new communities have joined the ranks, each offering different amenities and locations.

View of the Cumberland River and Downtown Nashville, an attractive place to retire to Tennessee.

Why You Should Retire in Tennessee

Whether you want to live in a city like Memphis or you want a small town like Jonesborough, you’ll find the ideal place to settle down in the Volunteer State. Tennessee has plenty of things to do, and here are five reasons why we think you’ll love it!

A side-by-side image of Houston, Texas and Dallas, Texas.

Houston vs Dallas: Where Should You Retire?

Both Houston and Dallas each one have their benefits and charm. It can be hard to pick one over the other. Let us help you weigh some of the factors to decide which one is right for you.

About 55places

We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.

Scroll to Top