- Because of the student population, the town is bustling, lively, and youthful.
- Restaurants, retail, and consumer services targeting students can be attractive to retirees as well.
- College and university campuses are often cultural centers, featuring music, dance, theatre, lectures, museum exhibits, and excellent libraries.
- Larger universities may have first-class hospitals and medical centers that provide quality healthcare.
- Educational institutions often allow seniors to audit classes and sometimes enroll at no charge or a reduced tuition. Seniors can often make use of campus facilities as well.
- Some institutions have OLLIs on campus. (OLLI is the Osher Lifelong Learning Institute, an educational program for seniors; find a complete list of OLLI locations here: http://www.osherfoundation.org/index.php?olli_list). I can tell you from personal experience that OLLI is a great resource for seniors, both in terms of stimulating courses taught by your peers and social interactions and activities.
- And, as retirement expert Kerry Hannon points out in her blog post, "Great Retirement Jobs in College Towns," colleges offer potential retirement job opportunities, such as adjunct professor, career center counselor, adviser, etc. Hannon notes that, out of the Forbes list of the twenty-five best places to retire, nine of them are college towns.
Thinking of a retirement relocation? Maybe you should think about a college town.