(NEXSTAR) – So many people focus on when to retire – but where they start their golden years shouldn’t be overlooked.
People are living longer and with forecasts of a U.S. retirement crisis looming , affordability is one of the top factors in a new study by WalletHub on the best and worst places to retire. Activities, quality of life and health care rounded out the grading process.
Living up to its reputation, Florida dominated the top five, taking four spots. Orlando wast number 1 overall, thanks largely to its affordability (9th out of 200) and plentiful options for active retirees (16th). WalletHub points out that, while Orlando’s cost of living isn’t dirt cheap, homemaker services and adult day health care were ranked 9th and 20th, respectively. Florida is also a tax-friendly state, and Orlando is one of the cheapest cities for taxes, according to Wallethub.
However, at the other end of the survey, Fresno and Bakersfield were among the worst cities to retire in, the study found.