Retirement Red Flags: Cities to Stay Away From

retirement city
Photo by University of College from Shutterstock

Lubbock, Texas

The good thing about Lubbock is that the cost of living is 10% lower than the national average, and an average house costs 16% less than the national average. Even with no tax income, there is a below-average healthcare system and a poor quality of life, and the city lacks activities or any special programs for retirees.

Lynnwood, Washington

With access to the gorgeous Pacific Northwest landscapes, this city still doesn’t fit on the list of good places for retirees, and only 16% of the population is made up of people over 65. There is a high cost of living, and the average housing price is around $792,000.

Wilmette, Illinois

Wilmette is a beautiful place to escape to for Chicago residents, especially. Even if it may look like a dream destination for a retiree, the costs are putting it on the list of the worst places to retire. Paying over $833,000 for a house and the second-highest property taxes may not sound like the best idea.

Miami, Florida

Who doesn’t love Miami? But if you care about your wallet in your older years, this may not be the right place for you. The average home here costs around $1,974,304, and even if there is no tax income, Miami isn’t going to be friendly with your savings.

One Response

  1. Exactly what is this ‘new windows benefit’ and WHY don’t window companies ever mention it???!!!???

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