5 Best Cities for Retirement Living May Not Be Where You’d Expect
Some 10,000 Baby Boomers turn 65 every day. Many will retire from full time employment and look for greener pastures, sunnier days, and beautiful scenery – or so goes the conventional thinking.
But as Bankrate.com reminds us, some definable factors may go into our decision on where to spend our golden years, including weather (some people like four seasons), safety, cost of living, and taxes. Since many seniors will live on fixed incomes, high taxes and a high cost of living can become deal-breakers.
And then there are those unmeasurable and personal factors important to you — being close to family and friends, for example, or being in the desert or mountains.
Bankrate.com crunched data in nine categories (cost of living, climate, healthcare cost and quality, taxes, crime, well-being, walkability, and cultural vitality) gathered from sources like the FBI and the Agency for Healthcare Research and Quality to pick its top retirement cities. Depending on the category, ratings range from “great” or “very high” down to “poor” or “very low.”