What are the criteria you should consider when choosing a city for retirement?
Planning for retirement is always on our minds. There are many aspects to consider when choosing where to spend your retirement years. Some may be personal, like being close to your grandchildren or long-time friends. Others are more strategic and can help you have a financially comfortable retirement.
Due to the post-pandemic economy, pre-retirees and retirees face financial and health challenges. Affordability is now the most critical factor in choosing the best place for retirement. You should consider the state approach to adjusting the cost of living, retired taxpayer policy, and the annual cost of adult health care.
Accessibility to health care is another essential criterion. When choosing a city to retire in, consider the quality and availability of the public hospital system.
After many years of hard work, adjusting to retirement could be a challenge. Living in a city with a plan around recreation opportunities for seniors can help make the transition easier. Availability to adult voluntary activities or proximity to public or municipal golf courses should also be considered.
For less health-related problems, consider a city with low air and water pollution. Warm weather with a low risk of tornados, thunderstorms, or fires is also detrimental to a high quality of senior life.
Based on the abovementioned criteria, we compiled a list of the eight worst cities to retire. Do the pros outweigh the cons, or do you agree these cities are unsuitable for retirement?
