Find a Great Place to Retire
Kiplinger's Personal Finance|August 2020
Our cities provide plenty of space to spread out without skimping on health care or other amenities.
STACY RAPACON AND SANDRA BLOCK
Find a Great Place to Retire

CHOOSING A PLACE TO SPEND YOUR retirement years has never been easy, but these days, it’s particularly challenging. The coronavirus pandemic has caused some retirees to rethink plans to move to urban or suburban walkable communities. But rural communities, while offering plenty of opportunities for social distancing, may not offer adequate health care—which is a priority for many retirees, particularly while COVID-19 infection rates are still high.

Some of these concerns could dissipate after a vaccine becomes widely available. But in the interim, it’s a good idea to reevaluate plans to move—especially if you are considering relocating to an urban area, says Bert Sperling, founder of Best Places (www.bestplaces.net), which ranks cities around the country on a variety of factors. “One of the reasons people are moving to those places is their vibrancy,” he says. “If the restaurants are going away, if it’s difficult to go to shows and museums, then what is the point?”

That doesn’t mean it’s too early to start thinking about where you’d like to retire, and, once you feel comfortable traveling, you’ll probably want to test-drive some destinations. We’ve selected seven cities that offer a combination of good health care, low density, a modest cost of living and low to moderate taxes (see our methodology in the box on page 49). For example, the cost of living in Pensacola, Fla., is below the national average and there are three top-rated hospitals within an hour’s drive or less. The beach is lovely, too.

This story is from the August 2020 edition of Kiplinger's Personal Finance.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 2020 edition of Kiplinger's Personal Finance.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM KIPLINGER'S PERSONAL FINANCEView All
My Top 30 Index: An Update
Kiplinger's Personal Finance

My Top 30 Index: An Update

A year ago, I put together what I called \"my own reinvention\" of the Dow Jones industrial average, the popular 142-year-old large-cap index.

time-read
4 mins  |
July 2024
Balance Your Risk and Reward
Kiplinger's Personal Finance

Balance Your Risk and Reward

These new ETFs let you cut stock market losses. But you'll sacrifice some gains.

time-read
10 mins  |
July 2024
IS A HYBRID CAR RIGHT FOR YOU?
Kiplinger's Personal Finance

IS A HYBRID CAR RIGHT FOR YOU?

Hybrids offer a fuel-saving option for drivers who have reservations about all-electric vehicles. But there are trade-offs.

time-read
10+ mins  |
July 2024
HOW TO REACH YOUR INVESTING GOALS
Kiplinger's Personal Finance

HOW TO REACH YOUR INVESTING GOALS

Patience helped these four investors make their portfolios work for them.

time-read
7 mins  |
July 2024
WHERE TO INVEST NOW
Kiplinger's Personal Finance

WHERE TO INVEST NOW

Expect a lot of midyear churn, with a rally toward the end of 2024.

time-read
10+ mins  |
July 2024
TIPS FOR FINANCING A HOME PROJECT
Kiplinger's Personal Finance

TIPS FOR FINANCING A HOME PROJECT

I recently had a call with a client who was looking to fund the construction of a swimming pool at his house.

time-read
2 mins  |
July 2024
MORE WOMEN THAN EVER ARE STARTING BUSINESSES
Kiplinger's Personal Finance

MORE WOMEN THAN EVER ARE STARTING BUSINESSES

Retail and travel businesses, along with health, beauty and fitness, are popular with women entrepreneurs.

time-read
2 mins  |
July 2024
Finding Home Health Care
Kiplinger's Personal Finance

Finding Home Health Care

It’s important to hire a caregiver you trust.

time-read
2 mins  |
July 2024
UNDERSTANDING BOND FUND YIELDS
Kiplinger's Personal Finance

UNDERSTANDING BOND FUND YIELDS

What's a 30-day SEC yield? A trailing 12-month yield? A yield to maturity? We explain what each measure says about an income fund.

time-read
4 mins  |
July 2024
ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS
Kiplinger's Personal Finance

ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS

If you have federal student loans, you may benefit from new government policies. Here's what you need to know.

time-read
9 mins  |
July 2024