One of the biggest questions employees ask themselves before they retire is how they can make their retirement dollars last longer. Moving to a city with a better cost of living can allow retirees to still live the good life without costing them all of their savings. Likewise, avoiding a city with high costs of living is just as important. Some regions of the country are more expensive than others, many of them situated along the West and East coasts of the U.S.
WalletHub, an online personal finance site, researched the Best & Worst Places to Retire by comparing 46 metrics across more than 180 cities, including cost of healthcare, affordability, things to do and quality of life.
Four key dimensions were measured: affordability (including taxpayer-friendliness and adjusted cost of living); activities (theaters per capita and recreation-friendliness); quality of life (including age-friendly community and mild weather) and healthcare (including care facilities per capita and suicide rate for elders). Each metric was graded on a 100-point scale, with a score of 100 representing the most favorable conditions for retirement.