Retirement — The Best and Worst Places to do So
Retiring soon? Or planning retirement? These days it’s a tough and touchy subject. Most of us look forward to retirement, and are planning for it, but having enough money to pull the trigger is the big question facing most of us.
A survey by the Employee Benefit Research Institute titled the 2022 Retirement Confidence Survey says 70% of us are at least somewhat confident we’ll have enough to retire comfortably.
However, just 30% say they are very confident.
When to retire is another question. A Gallup poll in 2021 found most of us plan to retire at age 64. In 1995 that number was 60.
Once the decision is made to retire, the next question most are asking is where can they go to get the most bang for the retirement buck. The idea is to find ways to stretch dollars and not sacrifice lifestyle.
Another consideration for soon-to-be retirees is finding a place that is safe and that has excellent healthcare. Good weather and plenty of fun ways to spend leisure time is also very important.
WalletHub recently looked for retirement-friendly cities across the U.S. They checked out 182 cities and used 46 metrics to rate them. Among those metrics:
Top 10 out of 182 cities:
1. Charleston, South Carolina Total score: 58.97 Affordability: 21 Activities: 15 Quality of life: 75 Healthcare: 48
2. Orlando, Florida Total score: 58.23 Affordability: 24 Activities: 16 Quality of life: 77 Healthcare: 53
3. Cincinatti, Ohio Total score: 57.88 Affordability: 98 Activities: 3 Quality of life: 66 Healthcare: 49
4. Miami, Florida Total score: 57.37 Affordability: 78 Activities: 7 Quality of life: 94 Healthcare: 25
5. Fort Lauderdale, Florida Total score: 57.21 Affordability: 87 Activities: 12 Quality of life: 52 Healthcare: 31
The rest of the top 10:
6. San Francisco, California 7. Scottsdale, Arizona 8. Wilmington, Delaware 9. Tampa, Florida 10. Salt Lake City, Utah
Retiring in PIA Western Alliance State Cities:
6. San Francisco, California Total score: 56.81 Affordability: 160 Activities: 2 Quality of life: 22 Healthcare: 18
7. Scottsdale, Arizona Total score: 56.89 Affordability: 66 Activities: 28 Quality of life: 4 Healthcare: 71
16. Boise, Idaho Total score: 53.90 Affordability: 74 Activities: 67 Quality of life: 17 Healthcare: 39
18. Las Vegas, Nevada Total score: 53.55 Affordability: 27 Activities: 9 Quality of life: 96 Healthcare: 171
21. Tempe, Arizona Total score: 53.02 Affordability: 66 Activities: 53 Quality of life: 38 Healthcare: 88
23. San Diego, California Total score: 52.82 Affordability: 153 Activities: 14 Quality of life: 11 Healthcare: 42
32. Missoula, Montana Total score: 51.75 Affordability: 92 Activities: 43 Quality of life: 167 Healthcare: 4
34. Los Angeles, California Total score: 51.70 Affordability: 140 Activities: 23 Quality of life: 9 Healthcare: 80
48. Huntington Beach, California Total score: 50.16 Affordability: 143 Activities: 30 Quality of life: 30 Healthcare: 34
50. Tucson, Arizona Total score: 50.12 Affordability: 59 Activities: 41 Quality of life: 86 Healthcare: 139
51. Reno, Nevada Total score: 50.11 Affordability: 42 Activities: 65 Quality of life: 26 Healthcare: 159
54. Gilbert, Arizona Total score: 49.83 Affordability: 66 Activities: 95 Quality of life: 44 Healthcare: 100
55. Sacramento, California Total score: 49.58 Affordability: 119 Activities: 45 Quality of life: 24 Healthcare: 89
56. Chandler, Arizona Total score: 49.57 Affordability: 66 Activities: 86 Quality of life: 50 Healthcare: 95
64. Irvine, California Total score: 48.99 Affordability: 143 Activities: 44 Quality of life: 34 Healthcare: 30
69. Portland, Oregon Total score: 48.53 Affordability: 168 Activities: 13 Quality of life: 76 Healthcare: 60
70. Long Beach, California Total score: 48.46 Affordability: 140 Activities: 52 Quality of life: 14 Healthcare: 52
73. Anaheim, California Total score: 48.23 Affordability: 143 Activities: 76 Quality of life: 12 Healthcare: 22
79. Las Cruces, New Mexico Total score: 47.63 Affordability: 41 Activities: 148 Quality of life: 120 Healthcare: 146
81. Fremont, California Total score: 47.54 Affordability: 160 Activities: 123 Quality of life: 1 Healthcare: 21
82. Henderson, Nevada Total score: 47.47 Affordability: 27 Activities: 125 Quality of life: 7 Healthcare: 176
82. Garden Grove, California Total score: 47.47 Affordability: 143 Activities: 57 Quality of life: 37 Healthcare: 50
84. Peoria, Arizona Total score: 47.34 Affordability: 66 Activities: 107 Quality of life: 90 Healthcare: 138
86. Oakland, California Total score: 47.22 Affordability: 160 Activities: 31 Quality of life: 100 Healthcare: 24
90. Phoenix, Arizona Total score: 47.07 Affordability: 66 Activities: 59 Quality of life: 127 Healthcare: 121
96. Mesa, Arizona Total score: 46.64 Affordability: 66 Activities: 111 Quality of life: 85 Healthcare: 123
97. Seattle, Washington Total score: 46.62 Affordability: 180 Activities: 17 Quality of life: 32 Healthcare: 29
Source link: WalletHub — https://bit.ly/3rS03RG |
