Do You Want to Live Somewhere Else During Retirement?
Have you ever considered living somewhere else when you retire? It can certainly make a difference in your financial situation. WalletHub just released its report on 2019’s Best & Worst Places to Retire.
WalletHub compared more than 180 U.S. cities across 46 key measures of affordability, quality of life, health care and availability of recreational activities. The data set ranges from cost of living to retired taxpayer-friendliness to share of the population aged 65 and older.
Best vs. Worst
Pearl City, Hawaii, has the highest share of the population aged 65 and older, 23.30 percent, which is 3.2 times higher than in Fontana, California, the city with the lowest at 7.20 percent.
Laredo, Texas, has the lowest adjusted cost-of-living index for retirees, 76.28, which is 2.6 times lower than in San Francisco, the city with the highest at 195.49.
Juneau, Alaska, has the highest share of workers aged 65 and older, 28.08 percent, which is 2.8 times higher than in Detroit, the city with the lowest at 10.11 percent.
St. Louis has the most home health care facilities (per 100,000 residents), 49.54, which is 25.7 times more than in Fontana, California, the city with the fewest at 1.93.
To view the full report and to see where Dallas/Fort Worth or your city’s rank, please check out the report at this LINK.