This year’s best and worst cities to retire

We like to present you from time to time with lists that pertain to baby boomers. Today, it’s a list complied by Richie Bernard at about this year’s best and worst cities to retire.

After toiling in the workplace for decades, it seems natural to expect financial security in your golden years. But not everyone can look forward to a cushy retirement. Relative to previous generations, many of you are working more years only to grow further from financial freedom. Last year, 23-percent of workers expected to retire at age 65, but only 11-percent actually were able to, according to the Employee Benefit Research Institute’s latest Retirement Confidence Survey.


Why do so many people postpone retirement? Many blame the economy. Others point to “inadequate finances” as the other primary hurdle to retiring on schedule. For 51-percent of workers and 31-percent of retirees, debt levels keep them on their hamster wheels.

It’s no wonder a fourth of American workers approaching retirement age haven’t socked away any cash. Among the employed participants in the survey, half cited cost of living and daily expenses as impediments to saving for retirement. So if simply making ends meet prevents workers from growing a nest egg for the future, what other options provide a pathway to a comfortable retirement? We suggest relocating to an area where you can stretch your dollar without sacrificing your lifestyle.

To help you navigate your options, WalletHub compared the retirement-friendliness of the 150 largest U.S. cities across 24 key metrics. Our data set ranges from the cost of living to the percentage of the older population to the availability of recreational activities. You can find the results, additional expert commentary and a detailed methodology below.

Source: WalletHub



  1. Fishing facilities? What has that got to do with quality living? Senior centers? We chose San Francisco for its mix of people of all ages (who wants to be isolated with everyone the same age?), the intelligence of residents, great public transport, natural beauty of the outdoors, Golden Gate Park, bookstores, huge variety of places to eat, museums, close to the ocean, closeness to Yosemite, outdoor activities like hiking and boating, nearness to Napa, great library system, symphony, ballet, theater, skiing and winter activities at Tahoe, good weather (not boiling hot and humid in summer), easy to get a train to Los Angeles, Portland, Oregon and Seattle, Washington, coffee shops, liberal people with lots of non-religious people, and so much more. Retirement is not just for sick old people who want only to live cheap and be around other old people only.

    1. I’m so with you. A rural life is a peacefull life and nature is so therapeutic. In the city you live on the periphery of real living.

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