Business & Finance Personal Finance

The Best Retirement Locations

    Types

    • If you can choose where to retire, then you certainly have almost unlimited options. You get to determine what's important to you. Whether you're looking for a community where you can participate in an active lifestyle, pursue a hobby, go back to school or simply enjoy a beautiful view, you can find the ideal place to retire.

      When you're just beginning to learn about places to retire, such as the healthiest retirement locations, the most environmentally friendly places to retire, or the best retirement spots for outdoor recreation, reports on best retirement locations are excellent starting points. For instance, in the 2008 "U.S. News & World Report Best Places to Retire," you can explore the Top 10 healthy or green retirement locations, the best outdoorsy places, the best picks for football fans or great spots for golf enthusiasts. You need only choose the report that best fits your type of retirement location and go from there.

    Geography

    • In the past, southern and southwestern states were considered the prime places to retire. Now cities across the country are among the best retirement locations. Portland, Oregon, is a top green place in the heart of the Northwest, for example. South Burlington, Vermont, in the Northeast, is a great outdoor recreation community, while Lincoln, Nebraska, is a favorite Midwest destination for football fans. Cities in Arizona and Florida are always included as favorites in retirement communities, but for today's retirees, it's about more than a warm sunny climate.

    Identification

    • The best retirement location lists generally look at some basic criteria, such as climate, access to transportation, housing availability and cost of living, which may include local sales and property taxes or state income tax. Availability of high quality health care facilities and educational opportunities are also determining factors. Close proximity to recreation and outdoor activities also plays a part in whether or not a city is considered a top place to retire.

    Considerations

    • Best retirement location reports are invaluable in choosing a place to retire. They can be especially helpful in narrowing the list of possibilities. However, each person should also make a list of his own personal needs and use that as criteria for more in-depth research of targeted cities. A visit to the top two or three contenders is a must. Such a life-changing decision can't be made without finding out if a place looks as good in person as it does in print or on the Internet.

    Warning

    • Retirees sometimes forget that they will continue to age, and will eventually need help with everyday living. When researching retirement cities, consider their locations in relation to health care facilities, shopping and family or a support network. Consider health concerns and the possibility of injuries and illnesses arising when choosing your dream retirement location.



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