NEW YORK, June 27, 2016 /PRNewswire/ -- Arlington, Va. is the best city to retire, according to a new Bankrate.com report. The rest of the top five are: Franklin, Tenn.; West Des Moines, Iowa; Sarasota, Fla. and Scottsdale, Ariz. Click here for the complete list of 196 cities:
The study included nine categories: cost of living, climate, healthcare cost and quality, taxes, crime, well-being, walkability and cultural vitality. A wealth of cultural opportunities, a strong sense of well-being among seniors and great healthcare are the main reasons for Arlington's #1 ranking. A high cost of living is the main drawback.
"We found that smaller cities and suburbs fared the best," said Bankrate.com analyst Jill Cornfield. "Most seniors prefer to live in these types of communities because they offer access to big-city amenities without as much hustle, bustle and crime."
According to the study, Niagara Falls, N.Y. is the worst place to retire. It was dragged down by high taxes, a cold/snowy climate and an above-average crime rate. Milford, Conn.; San Bernardino, Calif.; Troy, N.Y. and Worcester, Mass. comprise the rest of the bottom five.
This free calculator recommends retirement destinations to each user based upon his or her preferences:
Sources: Agency for Healthcare Research and Quality; Council for Community and Economic Research; FBI; HealthView Services; Gallup-Healthways; National Oceanic and Atmospheric Administration; Tax Foundation; WalkScore.com; Western States Arts Federation
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