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Retirement is a long way off for many of us, but just because we have to work a few more decades doesn’t mean we can’t dream about where we want to spend our golden years. While some folks want to stay put, others are considering a change of scenery later in life, but some locations are more ideal for retirement and a new report tells us which ones those are.
- WalletHub has just released their list of the Best and Worst Places to Retire in the U.S.
- They rated 182 cities across the country on 45 key metrics in the areas of Affordability, Activities, Quality of Life and Health Care.
- This year, Orlando, Florida, tops the list as the best place to retire. Its lack of taxes is a big reason it’s so popular for seniors, as Florida doesn’t have any state income, estate, or inheritance taxes.
- Orlando comes in ninth for affordability, and 16th for activities, but it’s 74th for quality of life.
- The Sunshine State is home to five of the top 10 best cities for retirement.
- The number one city for affordability is Brownsville, Texas, 62nd overall, while San Francisco, 36th overall, is first for activities, and Pearl City, Hawaii, 171st overall, is number one for quality of life.
- On the flip side, the worst place to retire in the U.S. is San Bernardino, California, which is 172nd for three categories - activities, quality of life and healthcare.
Top 10 Best Places to Retire in the U.S.
(Click here to see the full list)
- Orlando, Florida
- Miami, Florida
- Minneapolis, Minnesota
- Tampa, Florida
- Fort Lauderdale, Florida
- Scottsdale, Arizona
- Cincinnati, Ohio
- St. Petersburg, Florida
- Casper, Wyoming
- Atlanta, Georgia
10 Worst Places to Retire in the U.S.
- San Bernardino, California
- Stockton, California
- Rancho Cucamonga, California
- Bakersfield, California
- Newark, New Jersey
- Detroit, Michigan
- Fresno, California
- Bridgeport, Connecticut
- Wichita, Kansas
- Fontana, California
Source: WalletHub