North Carolina is becoming an increasingly popular place to retire. This is no surprise when you consider everything North Carolina has to offer. If you’re thinking about spending your later years in North Carolina, here’s what to consider before making the big move.

Where to Live

North Carolina is a state that has something for everyone. If you like an urban environment, cities like Charlotte and Raleigh offer plenty of vibrant culture and a fast-paced environment. If you prefer secluded, small-town life, there’s plenty of that as well. Towns like Asheville provide a lot of natural beauty and have their own distinct charm. Many people also choose to retire in North Carolina because of its beautiful beaches. Towns like Wilmington are located directly on the water. Ultimately, where you choose to live will depend on the weather and pace of life that you’re looking for.

Finances and Budget

When moving to any new place, it’s important to keep cost in mind. Luckily, North Carolina is a relatively affordable place for older adults to move. Income taxes here are relatively low, and there’s no tax on Social Security income either. The cost of living is also slightly lower here than the national average, so you won’t have to break the bank to find a nice home.

Things To Do

You’ll find plenty of fun activities to enjoy in North Carolina. The scenery is absolutely beautiful, so it’s a great place for those who love to spend time outdoors. The state is also full of historic sites and museums, as well as universities for those who wish to continue their education. For sports buffs, there are several professional and college teams to follow, as well as NASCAR racing and plenty of golf courses.

Medicare in North Carolina

It’s very important for older adults to have a healthcare plan they can trust. Medicare in North Carolina is available to adults over the age of 65 and many disabled adults. Original Medicare consists of Part A and Part B and pays for roughly 80 percent of your medical expenses. Part A covers inpatient hospital expenses, while Part B covers outpatient services.

You can also opt to supplement with a Medigap plan, which covers even more medical expenses and minimizes copays. North Carolina requires insurers to provide access to at least one Medigap plan for everyone on Medicare, regardless of their age. You can also supplement with a Part D plan, which provides prescription drug coverage. Alternatively, you can choose from more than 100 Medicare Advantage plans. These are plans offered by private insurers that may provide more coverage than Original Medicare.

Many people are moving to North Carolina, and it’s a state that has plenty to offer for older adults. If you’re interested in learning more about your Medicare options, contact Time For 65’s licensed partnered agents today. Fill out this form or give us a call to see how we can help.