Austin Earns Spot on List of Top Ten Cities to Retire in
According to the Employee Benefit Research Institute's 2017 Retirement Confidence Survey, six in 10 workers reported feeling at least somewhat confident that they'll have adequate finances to retire comfortably, but only 18% reported a high level of confidence. Nearly four in 10, in fact, have little or no retirement savings whatsoever. Many are even worried about covering basic living expenses once they leave the workforce.
The EBRI survey found that four in 10 workers today expect to retire at age 70, as opposed to the median expected retirement age of 65. The alternative? Relocate to an area where you can stretch your dollar without sacrificing your lifestyle.
To help Americans plan an affordable retirement while maintaining the best quality of life, WalletHub’s analysts compared the retiree-friendliness of the 150 largest U.S. cities across 40 key metrics. Their data set ranges from cost of living to retired taxpayer-friendliness to the availability of recreational activities. Read on for our findings, expert retirement advice and a full description of our methodology.