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Top 10 Retirement Cities: 50% Located in Florida


A recent survey conducted by AARP revealed that more than half of adults over 50 are concerned about having enough money for retirement. In 2024, Florida continued to be a top retirement-friendly state, with WalletHub ranking five locales in the Sunshine State among the top 10 best retirement cities. Orlando, in central Florida, claimed the top spot on the list, with factors like activity options, elder health care, and tax policies contributing to its title of best city to retire.

The survey included a total of 182 U.S. cities and evaluated them based on metrics within affordability, activities, quality of life, and health care categories. Besides Orlando, other cities that made it to the top 10 included Miami, Minneapolis, Tampa, Fort Lauderdale, Scottsdale, Cincinnati, St. Petersburg, Casper, and Atlanta.

The importance of choosing the right city for retirement was emphasized by WalletHub analyst Chip Lupo, who stressed the need for minimizing taxes and expenses, providing opportunities for extra income, high-quality health care, and enjoyable activities for retirees. Miami ranked highest in activities, while Scottsdale and Casper came in third for quality of life and affordability, respectively.

The survey results come as Americans reveal concerns about retirement savings, with Northwestern Mutual finding that individuals believe they need $1.46 million in savings to retire comfortably, marking a 15% increase from the previous year. Overall, the study highlights the growing importance of careful financial planning and consideration of retirement-friendly locations for individuals approaching retirement age.

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