The financial publication reviewed 500 cities across the U.S., ranking them in categories such as cost of living, sense of community, healthcare access, and more. Then they divided those cities into six regions, naming the best of the best in each. Keep reading to find out which towns scored top marks from researchers and to find out whether your city made the grade.
Those who love experiencing the full range of seasons may want to retire to the northeast. That's because you'll get to experience warm summers, snowy winters, and everything in between when you live here. And, according to Investopedia's research, retirees who don't want to head South when they stop working full-time will have plenty of great places to choose from, with many of them being lumped together in New Hampshire and Pennsylvania, including:
Leiston, MaineConway, New HampshireHermitage, PennsylvaniaFlorida
Known as a world-renowned retirement destination for seniors, Florida has become a region all of its own, according to researchers. As you may already know, Florida is very popular due to its favorable tax laws and year-round sunshine. And while many have complained that the cost of living is inching up in the Sunshine State, it's still everyone's favorite place to head for their golden years. Some of the top cities here include:
South BeachCape CanaveralZephyrhillsWilmington, DelawareNashville, Tennessee Pasadena, Texas
Related: The Worst State to Retire In Was Also Named the Best Place to Achieve the American Dream, and We're Confused
The Southwest
When it comes to the Midwest, retirees will find a lower cost of living, plenty of access to wide open spaces, as well as a sense of community that you can't really get anywhere else. Among the top spots are:
Knoxville, IowaChicago, IllinoisNiles, MichiganPierre, South DakotaWausau, WisconsinThe West
Those who want beach access, but don't exactly want to live on the eastern side of the country, may find exactly what they are looking for out west. And while not all of these locations are within driving distance of the beach (I'm looking at you, Wyoming), each of these locations has something special for retirees who love nature and a certain type of vibe that can only be found on this side of the country, and they include:
Juneau, AlaskaPomeroy, WashingtonEvanston, WyomingAdditionally, some tax laws make these states less desirable, including New Jersey, where retirement income isn't fully tax-exempt.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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