2015’s Best and Worst Cities to Retire
From Wallet Hub August 24, 2015
With more Americans delaying retirement because of financial insecurity and a fourth of workers having no money saved for their golden years, the leading personal finance website WalletHub conducted an in-depth analysis of 2015’s Best and Worst Cities to Retire.
To help Americans plan for retirement, WalletHub compared the affordability, quality of life, health care and availability of recreational activities in the 150 largest U.S. cities. Our data set includes 24 metrics, ranging from the cost of living to public hospital rankings to the percentage of the population aged 65 and older.
Honolulu Ranks 76th Overall
- 145th for 'Affordability'
- 28th for 'Activities'
- 13th for 'Quality of Life'
- 8th for 'Health Care'
- The adjusted cost of living for retired persons in Honolulu is twice as high as it is in Laredo, Texas.
- The annual cost of in-home services in Oakland, Calif., is twice as high as it is in Brownsville, Texas.
- The percentage of employed people aged 65 and older in Anchorage, Alaska, is three times higher than in Fontana, Calif.
- The percentage of the population aged 65 and older is three times higher in Scottsdale, Ariz., than in Fontana, Calif.
- The property crime rate is eight times higher in Spokane, Wash., than in Yonkers, N.Y.
- The number of home care facilities per capita is 32 times higher in Scottsdale, Ariz., than in Des Moines.
For the full report and to see where your city ranks, please visit: http://wallethub.com/edu/best-places-to-retire/6165/