As older employees prepare for retirement, considerations about where to spend their golden years is paramount. To help with that decision, they might want to consider new research from financial website WalletHub about the best and worst places to retire. The firm’s analysts compared the retiree-friendliness of the 150 largest U.S. cities across 40 key metrics — including life expectancy, recreational opportunities and the availability of physicians and home healthcare facilities — in an effort to help American workers plan an affordable retirement while maintaining the best quality of life. The following cities ranked worst on the list for overall scores, and also had low-ranking scores in affordability, quality of life and healthcare.
10. Rancho Cucamonga, Calif.
Overall score: 39.09 (out of 100) Affordability ranking (metrics include cost of living and annual cost of adult day healthcare): 115 Quality of life ranking (metrics include weather and age-friendly community): 63 Healthcare ranking (metrics include life expectancy and quality of hospitals): 121
9. Fontana, Calif.
Overall score: 39.00 Affordability ranking: 97 Quality of life ranking: 89 Healthcare ranking: 136
8. Modesto, Calif.
Overall score: 38.99 Affordability ranking: 98 Quality of life ranking: 97 Healthcare ranking: 144
7. Stockton, Calif.
Overall score: 38.79 Affordability ranking: 93 Quality of life ranking: 126 Healthcare ranking: 142
6. Fresno, Calif.
Overall score: 38.68 Affordability ranking: 94 Quality of life ranking: 119 Healthcare ranking: 139
5. Detroit, Mich.
Overall score: 38.41 Affordability ranking: 90 Quality of life ranking: 149 Healthcare ranking: 137
4. Worcester, Mass.
Overall score: 36.63 Affordability ranking: 114 Quality of life ranking: 126 Healthcare ranking: 124
3. San Bernadino, Calif.
Overall score: 36.44 Affordability ranking: 71 Quality of life ranking: 142 Healthcare ranking: 138
2. Providence, R.I.
Overall score: 32.31 Affordability ranking: 133 Quality of life ranking: 146 Healthcare ranking: 143
1. Newark, N.J.
Overall score: 32.23 Affordability ranking: 116 Quality of life ranking: 150 Healthcare ranking: 145
As many as tens of millions of women may never return to the labor force, even after a vaccine is found. Altogether, global gross domestic product could be $1 trillion less in 2030 than it would be without a gender unemployment gap.
By Olivia Rockeman, Reade Pickert and Catarina Saraiva