The 7 most popular retirement destinations for seniors

Updated

"Every day the increasing weight of years admonishes me more and more, that the shade of retirement is as necessary to me as it will be welcome."
-- George Washington, Farewell address, Philadelphia, 1796

Saving for retirement is a top cause of money-related stress, according to a recent Schwab Retirement Plan Services survey. Entering and living in retirement can be stressful, too -- in part because many people relocate during that time. Where do they go? Well, many move to be closer to family, while others simply seek a location more suited to their retirement lifestyle. Here's a look at the most popular retirement destinations for seniors. The towns were chosen by the folks at Money magazine, who cross referenced a list of locations that had the highest percentages of older residents with their database of "The Best Places to Live," which is based on factors such as affordable homes, a strong economy, low taxes, good healthcare access, and so on. The result is a list of places that have favorable conditions for retirement along with a lot of retirees who already live there.

The $16,122 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,122 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how to learn more about these strategies.

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