With 10,000 Baby boomers turning 65 every single day, chances are you might be one of them. If that is the case, it is probably a good idea to start thinking about retirement and where you want to spend the next part of your life.
Retirement is more than just sunny skies and golfing.
There are a lot of important factors to consider when deciding whether to relocate for retirement, including weather, cost of living, tax policies, health care, etc. At the end of the day, you have to make sure the place that you are moving to contributes to your overall well-being, while at the same time staying within your budget. With that in mind, here are the five best cities in the US to retire in, according to CBS polls.
Famous for its outdoor amenities, including hiking and recreation, Scottsdale is ranked 5th in our rankings.
- An affluent suburb of Phoenix, AZ
- Median home price = $414,000
- Low cost of living
- Warm weather all year around
- No taxing Social Security retirement
- Low property taxes
A small retirement city with a thriving cultural scene on Florida's Gulf Coast
- Population of 53,000
- Opera, theater, art, performances
- Located on the Gulf of Mexico
- Great weather all year around
- Average house = $258,000, not much above the average US home price of $240,000
Des Moines, Iowa
A rare retirement destination with a cold climate, Des Moines has everything a big city has to offer, condensed into a small town
- Population of 60,000
- Has vibrant shopping scene for its size
- Low crime rate, low cost of living
- Average house price=$192,000
- Incredibly impressive health care system
A suburb of Nashville, Franklin is no slouch when it comes to music or culture
- Well known historic Downtown district
- People flocking to move here in the last two decades, with population tripling to 70,000
- Low cost of living, high cultural vitality
- Median housing cost=$400,000
Located right next to the Potomac, Arlington location next to our nation's capital makes it a prime retirement location.
- Ranked by Livablility.com as "the perfect urban/suburban middle ground."
- Conveniently located next to DC Metro line, making commute to Washington DC a breeze
- High wellbeing, tax, healthcare, walkability, and cultural vitality rankings
- Average house price= $623,000,