Reasonably Priced Luxury Condos - Part of the Michigan Retirement Dream
Heritage Square
Artist's Rendering of Heritage Square - Now Under Construction
Heritage Square features Lakeshore living in a live-work urban setting. Muskegon’s downtown is home to the best of Michigan’s west coast for living, recreational and career opportunities. Heritage Square is one of five urban residential projects underway in the downtown area. Downtown revitalization continues on an upward trend starting in 2006 and features record-breaking growth, with almost $200 million in downtown investments in just the last few years.
Vida Nova
Water View from Inside Vida Nova
Vida Nova waterfront condos are designed and built to be “eco-friendly”. Located on the Muskegon Lake waterfront and adjacent to the Grand Valley State University’s Michigan Alternative and Renewable Energy Center, the units are defined by their many state-of-the-art energy efficient features:
HighPoint Flats
Rendering of High Points Flats Condo - Soon Under Construction
Living in a modern urban condo by the lakeshore has never been more attractive to your bottom line. HighPoint Flats offers 70 fully customizable condos in the former Hackley Bank building, a 90 year-old historic landmark renovated with modern design.
WaterMark
View from the interior - WaterMark Lofts
The WaterMark lofts feature waterfront views, unique architectural elements including grand interior columns, with ceiling heights that soar to 12′. All residents can enjoy such amenities as an on-site fitness area, extra storage space and in-building parking. Lofts starting at $89,000
Don't Let Your Retirement Plans Get Pinched
Many people nearing retirement in expensive big cities are fearful they will not be able to maintain a comfortable lifestyle. Inadequate pensions and savings combined with rising costs for necessities like healthcare, gas, and utilities are severely pinching retirement plans.
There is only so much that can be done to increase retirement income sources. And even if you do your best to save, a retirement nest egg that looks adequate today can quickly be decimated by market gyrations.
Read More About Lowering Retirement Costs...10 Great Reasons To Retire in Muskegon
1. Living costs 42% lower than Chicago.
2. 6th lowest retirement tax bite in the U.S.
3. Clean, accessible and award winning sugar-sand beaches.
4. Never more than a few hours away from family, friends and big-city amenities.
5. Renaissance zone tax breaks that eliminate virtually all state and local taxes.
6. Enjoy all four seasons - without worries about extreme catastrophic conditions.
7. World-class freshwater sailing, fishing - affordable and right outside your door.
8. Affordable luxury condo living (even on the water). A lifestyle only for the rich in big cities like Chicago.
9. No traffic jams or long commutes.
10. Clean community with full public services and excellent healthcare facilities.
Affordable Retirement Articles
60-Something Considers Retirement in Muskegon
A recent discussion thread over at Mlive concerns the deliberations of a former Muskegon resident considering...
5 Questions to Ask When Choosing a Retirement Location
The Spring issue of Charles Schwab’s On Investing magazine has an interesting article titled “Five...
Your Replacement Ratio - An Important Retirement Consideration
We recently came across an interesting article on retirement income replacement ratios. What is a retirement...
Michigan Retirement Tax Tidbits
Michigan is very tax-friendly to retirees:- Social security payments are exempt from state income tax.
- Private pensions (including IRA withdrawals) are exempt from state income tax for up to $81,840 per couple.
- Taxpayers 65 and up can use a porton of the pension exemption to shelter income from non-retirement investment accounts.
- Public pensions - including federal government, Michigan, and many other state and local governments - are fully exempt.
- Each taxpayer 65 or older gets an additional $2,100 personal exemption.
- Retirees can avoid nearly all state and local taxes by locating in a renaissance zone.