Retirees are packing their bags for these 10 cities

Wealth


Although more and more Americans approaching retirement are opting to age in place where they are, it’s no secret that many other retirees, in classic style, look to relocate once they’ve left their careers behind.

“Some seek a lower cost of living, while others want beautiful scenery, warm weather or both,” said financial technology company SmartAsset, which has released its third annual study analyzing the migration patterns of people over the age of 60.

There are no huge surprises for 2018 — apart from the fact that no city in Florida broke the Top 10 for overall inbound retiree arrivals, despite the fact the Sunshine State — with a net migration of 84,663 retirees — remains the top state attracting retirees. Arizona, with four cities in this year’s Top 10, only attracted 28,614 in total, by way of comparison.

By CNBC’s Kenneth Kiesnoski. Source: SmartAsset
Posted 15 May 2018



Source link

Products You May Like

Articles You May Like

Cannabis ‘might be the most disruptive force since Amazon’
Venmo had a breakout quarter and is at a ‘tipping point’ to finally make money for PayPal, CEO says
IBM slides at the open after revenue miss
Investors should take a bite of this stock
Porsche denies IPO plan

Leave a Reply

Your email address will not be published. Required fields are marked *