Why Retirees Are Choosing DSM USA for Their Golden Years

Many retirees are choosing to move to or stay in Greater Des Moines (DSM) drawn by its affordability, excellent amenities and vibrant community. Downtown Des Moines (DSM), in particular, has become a favorite for those seeking a mix of cultural attractions, green spaces and a lively yet relaxed atmosphere for their retirement years. Discover why so many retirees call DSM the perfect place to enjoy their golden years.

Why Greater Des Moines Is Perfect for Retirees

It’s easy to see why DSM has become a top retirement destination. Ranked fourth in Consumer Affairs’ list of the 50 best cities for retirement, this Midwestern gem combines affordability, quality amenities and a welcoming community that makes retirement comfortable and fulfilling.

One of the biggest draws is the region’s affordable cost of living, allowing retirees to stretch their savings without compromising their quality of life. Housing options range from budget-friendly homes to senior-oriented communities that offer easy access to essential services. Whether you prefer independent living or an assisted setup, the city caters to diverse needs with flexibility and care.

Renowned healthcare facilities, including UnityPoint Health and MercyOne Des Moines Medical Center, ensure retirees have access to excellent medical care. In Downtown DSM, there are a wealth of senior-friendly amenities, from accessible public spaces like the Pappajohn Sculpture Park and Gray’s Lake to recreational programs designed for older adults, such as a walking tour with the Iowa Architectural Foundation. The Ankeny community’s Albaugh Family Senior Community Center boasts an indoor track, fitness classes and social programs. In Urbandale, residents can take advantage of the Senior Recreation Center where arts and crafts, day trips, fitness classes and more area available to the 55+ crowd. Some of the regional communities offer special events for seniors throughout the year. The Johnston community is one example of this, offering Senior Fun Nights, with plans to create more events and activities at the Crown Point Community Center, opening this spring! Across the region, seniors will find a vibrant calendar of local events, recreational activities, farmers’ markets and community groups, creating the ideal setting for a well-rounded and enjoyable retirement.

Smart Financial Planning for Retirement in Greater Des Moines

Smart financial planning can help you enjoy a secure retirement in DSM. With a changing economy, it's important to focus on investments that provide stability while allowing your savings to grow. Traditional options like IRAs and 401(k)s are reliable, but exploring non-traditional retirement investments can offer additional financial flexibility. Locally, the Warren County SHIIP office is housed in the Indianola Activity Center, offering advice to Medicare beneficiaries. The center also hosts weekly activities like Bingo and other events as well.

Another option to consider is real estate. An affordable housing market presents opportunities for retirees to invest in rental properties or downsized homes, creating passive income or reducing living expenses. Another avenue is securities-backed loans, which allow you to borrow against investments like stocks without selling them. This can provide liquidity for unexpected expenses or other investments while keeping your portfolio intact.

Preparing for Retirement in the Modern Age

Today’s retirements differ from those even 20 or 30 years ago. To retire in the modern age, you should have a plan in place that balances financial security with an active and fulfilling lifestyle. Here are some practical steps to ensure you have enough to retire:

• Build a robust savings strategy: Start by determining how much you’ll need to maintain your desired lifestyle. Create a realistic budget, factoring in expenses like housing, healthcare and leisure activities. Automate savings contributions and consider increasing them annually to keep pace with inflation and future needs.
• Contribute regularly and fully: Consistently contributing to your retirement accounts, such as 401(k)s or IRAs, and aiming to reach the annual contribution limits can significantly boost your savings over time. If you're 50 or older, take advantage of catch-up contributions, which allow you to contribute additional funds beyond the standard limit, accelerating your savings.
• Create a retirement timeline: Set clear milestones for different stages of your retirement plan. Identify when to pay off debt, when to downsize your home and the right time to claim benefits like Social Security or pensions.
• Diversify income sources: Relying on a single source of income can be risky in today’s economy. Incorporate diverse streams like part-time work, rental properties or investment returns to maintain financial flexibility.
• Stay engaged through community involvement: An active lifestyle is key to a happy retirement. Take part in local events, join clubs or volunteer in your community. Events like farmers’ markets and gatherings at community centers offer great opportunities to stay connected.

DSM is one of the best places to retire, offering an affordable cost of living, excellent healthcare and vibrant cultural experiences. With smart financial planning and a welcoming community, it’s an ideal setting for a fulfilling retirement, including for turning a hobby into a business. Consider DSM and its opportunities for an enriched experience in your golden years.

Ranked as a Best Affordable Place to Live in the nation by U.S. News & World Report, Greater Des Moines (DSM) boasts a growing and vibrant community for all ages. Are you interested in moving to Greater Des Moines (DSM)? Relocation Packets offer information on everything from neighborhoods to shopping, parks and local attractions.