Living the Golden Years: Island Life or City Life for Retirees

Retirees consider the location of their retirement home not only based on their physical and emotional needs but also on the potential to run a business.

The Philippines have plenty of tropical island paradise where you can settle down, including Cebu, Palawan, and Iloilo.

There are plenty of laid-back cities in Metro Manila where retirees can settle down and enjoy a slower pace while living in a big city.

Now that you’ve retired, you don’t have to get out of bed early in the morning to go to your secular work. You can now spend eight hours on the job on activities you enjoy, such as your hobbies, sports, or travel. However, when a retiree stops working, you decrease your physical activity. On an emotional level, a retiree can also feel disengaged and socially isolated, especially if they don’t see their co-workers. After all, co-workers were their only source of social interaction at one point.

Aside from physical and emotional changes, the retirement stage is often when retirees consider a second home. Retirees are torn between island life or city life. Aside from adjusting to a new living environment, some retirees also consider starting a business as another source of income.

If you find yourself torn between staying island life or city life, this article elaborates on the advantages of both locations. As you reach this article’s conclusion, you can gauge where you should retire–in a tropical island or a big city.

The Perks of Island Living

Island Life Living the Golden Years: Island Life or City Life for Retirees

With 7,107 islands, there are plenty of islands in the Philippines where you can choose to retire. Cebu, Iloilo, Bicol, Davao, and Palawan are just a few locations with numerous islands you can live in. Should you decide to dwell on an island when you retire, here are the perks you will experience:

Be Closer to Nature

If you plan to retire on the island, you can buy a beach house for sale in the island province you want. When you live on an island, you get closer to nature, such as the beach, mountains, and jungles. With plenty of open spaces to work on, you can start planting fruits and vegetables for personal consumption. You can use your extras to feed the animals you are raising. Of course, you can always share your extra produce with your family, friends, and neighbors. Or, you can also sell them for extra income.

Enjoy a Simple Life with a Lower Cost of Living

When you live on an island, expect the cost of living to be lower because life there is much simpler. There are a few unnecessary things you can spend on living on an island. For example, the area has fewer malls and expensive restaurants, except if you live in a popular tourist destination. You can also lower your expenditures by planting your food and raising animals for food.

Start a Passive Income Business

Live on a touristy island paradise in the Philippines. You can start your residential rental business for tourists looking for short-term and long-term accommodations. You can also start a resort if you own a beach lot. Other businesses can rent commercial spaces on your property to earn extra.

The Advantages of City Living

City Life Living the Golden Years: Island Life or City Life for Retirees

Plenty of cities in the Philippines are laid-back enough for retirees to enjoy. These cities include Pasig-Cainta, Quezon City, and other big cities in Cavite, Bulacan, and Pampanga near Metro Manila. If you choose to live in the city, you’ll surely enjoy these advantages:

Live Closer to the Places that Matter

The perks of city living include easy access to the places you need to frequent. These include your family and friends, hospitals, malls, government offices, and places of worship. With P2P buses, trains, ferries, and other transportation options getting from one place to another is convenient, fast, and safer. Furthermore, if you’re traveling within and out of the country for leisure or to get quality healthcare, you can easily reach the airport when you live in the city.

More Options for Entertainment

Filipino senior citizens enjoy plenty of discounts, whether for basic goods or entertainment like free movies. If you love watching movies, living in the city allows you to enjoy that hobby for free without any hassle. As such, you can go to other places for enjoyment, including theaters, museums, and malls that rural areas can’t often match.

Start a Residential or Rental Rental Business in the Big City

If you want to start a business in the city, you can invest in rental real estate properties. Start an apartment rental business if you live in a city with a high demand for accommodation for families, students, and employees. There are plenty of apartments for sale in the Philippines. Of course, you can also start a commercial rental business by owning commercial spaces and renting them to other companies.

Regardless whether you choose the island life or city life, what matters is that you live in a safe place to enjoy the rewards of your hard work.

For more tips and advice, check out our previous journals here

Photos from Shutterstock


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