Best Places to Retire
Despite having a high-cost-of-living, Miami ranked second as a best place to retire, largely because of the surplus of activities for seniors. WalletHub found that Miami is a leading city in offering adult volunteer activities, art galleries, and fishing facilities. It also placed fifth among the cities with the most museums, and eleventh for most recreational and senior centers. Being the fifth-most walkable city in the U.S. with quality public transportation, retirees can spend an entire day participating in activities without needing to drive or get stuck in traffic.
Like Orlando, retirees are also not subject to estate, inheritance, or income tax as they live in Florida.
With more retirees heading back to work part-time, or as some choose a phased retirement, Minneapolis ranked No. 3 thanks to its elderly-friendly labor market. The city boasts a 22% working population over the age of 55 and has the sixth-best hospital system.
Outside of the top five, cities in Arizona, Ohio, Wyoming, and Georgia placed within the top 10 places for retirees. Below is the full list of the top findings.
- Orlando
- Miami
- Minneapolis
- Tampa
- Fort Lauderdale
- Scottsdale, AZ
- Cincinnati, OH
- St. Petersburg, FL
- Casper, WY
- Atlanta, GA
Now for the worst places to retire. Read on for a deeper analysis and full list of the cities retirees are avoiding.