The Best Place to Retire? What Kind of Life Do You Want?

Reuters
Updated
senior couple of old man and woman sitting on the beach watching sunset
EpicStockMedia/Shutterstock

By Beth Pinsker

There are plenty of lists proclaiming the best places to retire, but finding the place that really suits you ultimately depends on what matters most. Do you crave warm weather? Do you want to live among other retirees? Are you looking for access to good hospitals or lots of cultural options?

If your answer is yes to any or all of the above, a new interactive map will help you do the legwork. Designed by real estate information company Zillow.com for Reuters, it incorporates reams of data on more than 15,000 locales across the United States.

What's different is that you get to set priorities among the importance of pleasant weather days, access to health care, percent of the population over 65, entertainment options, low crime, population density, and, of course, median home values. You can also sort by a single state or a group of states.

For Example

For instance, if you find all of the screening categories to be very important, and you are looking for a reasonably priced home (up to $300,000), your list would be topped by Vamo, Florida. Pronounced wham-o, this town roughly denotes the southern suburbs of Sarasota on the Gulf Coast of Florida -- locals know it better as the Palmer Ranch area. In addition to reasonable prices, the big draw is that it is within three miles of beaches.

Retiree Jack Bill is one recent condo buyer, lured to the area from Venice, Florida. The retired insurance broker, 70, made the switch to be closer to community and cultural amenities. He also wanted to be near an airport for his frequent travels. Bill says he thought about retiring to California and gave it a try for about six years, but found Florida's tax situation, notably the lack of estate taxes, much more to his liking. "Lots of little things lured me back to Florida," he says.

Changing Parameters

For retirees looking for other qualities, Florida might not be a top draw. The graphic offers these spotlights:

  • Best for weather: Ventura, California

  • Best for older populations: Rhinebeck, New York

  • Best for low crime: Harlan, Iowa

  • Best big city (50,000 population and above): Venice, Florida

  • Best Florida alternative on the southeastern coast: Wilmington, North Carolina

  • Best California alternative out West: Lake Havasu City, Arizona

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