As we baby boomers give more and more thought to where we will end up living when we really finish working, there are many factors to consider, from cost of living and employment opportunities to crime rate and climate. So we’re always interested here at BoomerCafe in those interesting lists that are published from time to time about the “Best places to retire.” Money magazine has just put out a new one, which you might want to peruse.
1) Raleigh, North Carolina
The pros of retiring in Raleigh: temperate weather and a strong economy for encore careers. The cons: There are fewer retirees than in other cities. Plus, some pension tax breaks will expire in 2014.
2) Pittsburgh, Pennsylvania
Why retire in Pittsburgh? It has good transportation, sports and excellent health care. But you’ll have to put up with chilly winters and relatively high property taxes.
3) Lexington, Kentucky
Considering Lexington? It has great access to continuing education and affordable downtown housing. The downside: The airport is small and there are a limited number of arts venues.
4) St. Petersburg, Florida
Thinking of retiring to Florida’s Gulf Coast? The beaches are beautiful, the weather is warm and taxes are low. The downside: tropical storms and an aging population.
5) Boise, Idaho
Love the outdoors? Boise might be the place for you. Plus, it has good health care. You’ll have to contend, though, with a lack of racial diversity, cold winters and high downtown real estate prices.
6) Fort Lauderdale, Florida
Fort Lauderdale has great weather, low taxes and reasonably priced waterfront property.
7) Salt Lake City, Utah
Salt Lake City offers proximity to world-class skiing just a short drive from the city and direct flights to Paris. The Salt Lake City region has become an entrepreneurial hotbed of activity.
8) Colorado Springs, Colorado
Colorado Springs offers retirees a bustling downtown with views of Pikes Peak and easy access to the Rocky Mountains.
9) Spokane, Washington
Abundant sunshine, affordable housing and cultural events make Spokane an excellent retirement choice.
10) Norfolk, Virginia
Norfolk’s cultural scene and its proximity to the ocean, Chesapeake Bay and several rivers make it an activity-rich retirement destination.