Retirement on Smith Mountain Lake

A lot of people are trying to decide what they are going to do for retirement. With the current housing market, and whispers of a second dip in the economy, it can be a difficult decision about where to live out your golden years.




Is it time to purchase a retirement home on Smith Mountain Lake? With interest rates at record-breaking 60-year lows, now may be exactly the time to purchase a second home, keeping retirement on Smith Mountain Lake as part of your plans.



When it comes to retirement, you may not find a better place than Smith Mountain Lake. There are so many different types of communities and homes to choose from. From award-winning golf courses to beautiful wineries, Franklin and Bedford County in Virginia are perfect places to call “home.” Because of the tourism demands, you can even purchase a home now and rent it out, to help cover the costs of ownership.



Whether you are 30 or 50, purchasing an eventual retirement home on Smith Mountain Lake is a wise investment. You and your family can enjoy weekend getaways without having to pay for expensive hotel rooms, or dining out. You can also recoup some of your costs by using your home as an income property. With the temperate climate on Smith Mountain Lake, you may be able to rent your home out no matter what time of year it is.



Franklin County and Bedford County have much to offer those who are thinking of retirement! Fishing, golf, pottery classes, and many more activities are pastimes that can be enjoyed throughout the year. If you are ready to see what kind of retirement home you can have on Smith Mountain Lake, call Vicki Millehan. Vicki has lived in the area for over 20 years. Come for a visit – if you like it, move here!