Wallethub recently listed their best retirement cities and while we might doubt their methodology (is there really a “BEST” retirement city?) After all, 2 of their criteria were fishing and number of museums. There’s some surprising cities!
- Tampa, FL – When you look at a list of best retirement cities you can’t help but have several Floridian retirement favorites. Tampa makes this list and it’s no surprise to us.
- Miami, FL – Miami is one of the least likely places we’d recommend retiring to. It’s not because it’s not a wonderful city but rather there’s so many other options in Florida that offer similar lifestyle options without the price tag and the Miami headache. Naples for example. In fact, it’s our opinion that Miami only made it because “fishing” was a retirement category for Wallethub.
- Scottsdale, AZ – An all around real estate favorite, it’s no surprise that Scottsdale would make this list.
- Atlanta, GA – Retirees are attracted to Atlanta because of the metro area’s great retirement communities, warm weather and tax breaks for seniors. Surprisingly, Atlanta is actually a tax haven for Seniors. With specialty neighborhoods cropping up like Village At Deaton Creek, Atlanta is starting to cater to this demographic. .
- Salt Lake City, UT – According to Wallethub, Salt Lake City isn’t stellar in any one category, in fact, it’s just above average in ALL options, making it rise in this listing.
- Honolulu, HI – With the highest cost of living on this list (and well, most of the US) this is a surprising pick. Then again, who WOULDN’T want to retire to Hiawaii.
- Denver, CO – Like Hawaii, if you can afford to live here you likely would. The high cost of living makes us question this choice. Of course, there’s no doubt that it’s a retirement dream.
- Austin, TX – A bustling metro town with a college feel. Austin has a sense of charm to it that if you’ve ever been there you might not think of retiring there but at the very least you’ve enjoyed the visit.
- Las Vegas, NV – Despite this writer’s thoughts, Las Vegas has a surprising number of suburbs that are indeed great values, such as Summerlin.
As many people’s retirement funds are suffering and pensions dwindling, many are seeking ways to have the best retirement possible. According to the Employee Benefit Research Institute’s 2017 Retirement Confidence Survey, only 18 percent of U.S. workers have a high level of confidence that they’ll have enough money to retire comfortably and nearly four in 10 have little to no retirement savings. Be sure to check out our 8 Keys To Retirement Planning to be sure you’re ready.