The cheapest place to retire in the U.S. is in a city which borders Michigan

A new study finds the cheapest place to retire in the entire country is in a city located just across the Michigan border.

The ranking comes from GOBankRates.com which lists the 50 Cheapest Places To Retire Across America.

To come up with its list, GO Banking Rates says it analyzed and ranked the 100 biggest U.S. cities based on the annual retirement income needed to cover basic costs like housing, healthcare, groceries, transportation and utilities…

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