Fresno, Bakersfield among worst cities for retirement, study finds

(NEXSTAR) – So galore radical absorption connected erstwhile to discontinue – but wherever they commencement their aureate years shouldn't beryllium overlooked.

People are surviving longer and with forecasts of a U.S. status situation looming, affordability is 1 of the apical factors successful a caller survey by WalletHub connected the champion and worst places to retire. Activities, prime of beingness and wellness attraction rounded retired the grading process.

Living up to its reputation, Florida dominated the apical five, taking 4 spots. Orlando wast fig 1 overall, acknowledgment mostly to its affordability (9th retired of 200) and plentiful options for progressive retirees (16th). WalletHub points retired that, portion Orlando's outgo of surviving isn't ungraded cheap, homemaker services and big time wellness attraction were ranked 9th and 20th, respectively. Florida is besides a tax-friendly state, and Orlando is 1 of the cheapest cities for taxes, according to Wallethub.

However, astatine the different extremity of the survey, Fresno and Bakersfield were among the worst cities to discontinue in, the survey found.

When it comes to readying for retirement, writer and Rutgers Distinguished Professor Emerita Dr. Barbara O'Neill says the pursuing are the astir important: "Proximity to household and friends, section surviving costs and features (e.g., debased transgression rate, high-quality hospitals, and proximity to airports), taxation operation (nine states person nary authorities income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming), and upwind (some radical privation to get distant from acold wintertime weather, ice, and snow). 

Miami took the 2nd spot for immoderate of the aforesaid reasons that Orlando did, specified arsenic comparative affordability (54 of 200) and a plethora of activities (2 of 200). Magic City is besides highly walkable with entree to nationalist transportation.

Minneapolis took the 3rd spot acknowledgment to its galore activities (7) and fantabulous wellness attraction (6). WalletHub recovered that the section occupation marketplace is particularly unfastened to seniors, who tin take to enactment for immoderate other income oregon to enactment occupied.

See the apical 25 cities successful which to discontinue below:

Overall Rank	City	Total Score	Affordability Rank	Activities Rank	Quality of Life Rank	Health Care Rank
1	Orlando, FL	61.49	9	16	74	35
2	Miami, FL	61.47	56	2	89	27
3	Minneapolis, MN	59.63	93	7	79	6
4	Tampa, FL	59.61	40	9	28	93
5	Fort Lauderdale, FL	59.47	59	13	48	39
6	Scottsdale, AZ	59.32	110	21	3	31
7	Cincinnati, OH	58.17	123	4	70	29
8	St. Petersburg, FL	57.84	40	31	26	55
9	Casper, WY	57.63	3	72	29	88
10	Atlanta, GA	57.34	70	6	120	43
11	Las Vegas, NV	57.33	15	5	111	149
12	Pittsburgh, PA	57.01	121	24	44	7
13	Wilmington, DE	56.68	69	23	139	12
14	Denver, CO	55.96	91	8	99	57
15	Madison, WI	55.80	118	44	7	30
16	Charleston, SC	55.70	42	25	66	111
17	Richmond, VA	55.02	68	35	118	17
17	Pembroke Pines, FL	55.02	58	91	17	54
19	Sioux Falls, SD	54.80	34	151	61	3
20	Cape Coral, FL	54.52	23	73	18	122
21	Tempe, AZ	54.22	110	46	36	42
22	St. Louis, MO	54.18	43	18	181	41
23	Cheyenne, WY	53.96	2	142	54	104
24	Austin, TX	53.89	55	28	71	107
25	Columbia, MD	53.83	138	79	4	5

(WalletHub)

See the WalletHub website for the implicit list.

WalletHub recovered these the pursuing 25 cities to beryllium the worst successful the U.S. erstwhile it comes to retirement:

Overall Rank	City	Total Score	Affordability Rank	Activities Rank	Quality of Life Rank	Health Care Rank
158	Worcester, MA	42.26	146	118	121	79
159	Montgomery, AL	42.17	11	155	164	181
160	Fort Smith, AR	41.96	31	160	159	170
161	Chula Vista, CA	41.79	156	163	11	89
162	Greensboro, NC	41.72	53	127	179	144
163	Moreno Valley, CA	41.23	132	180	103	153
164	Vancouver, WA	41.19	155	94	143	60
165	Santa Rosa, CA	40.68	176	105	16	127
166	Modesto, CA	40.62	122	181	69	169
167	Spokane, WA	40.53	130	150	155	102
168	Tacoma, WA	40.52	158	68	150	99
169	Warwick, RI	40.35	148	117	136	95
170	Ontario, CA	40.24	137	159	113	148
171	Pearl City, HI	39.98	180	164	1	101
172	Riverside, CA	39.73	135	135	130	140
173	Fontana, CA	39.10	136	174	93	157
174	Wichita, KS	38.98	107	136	166	165
175	Bridgeport, CT	38.48	175	154	153	19
176	Fresno, CA	38.40	108	175	140	162
177	Detroit, MI	38.27	129	101	182	152
178	Newark, NJ	38.18	159	87	163	118
179	Bakersfield, CA	37.41	109	182	123	168
180	Rancho Cucamonga, CA	37.26	151	177	85	143
181	Stockton, CA	36.92	134	176	133	145
182	San Bernardino, CA	35.71	126	172	172	172

(Credit: WalletHub)

For galore nearing status age, the caller volatility successful the banal marketplace has near them acrophobic astir what their 401K nest ovum mightiness look similar erstwhile they yet commencement to currency out, and a spot similar Brownsville, Texas, the astir affordable retired of the 200 cities, mightiness commencement to look appealing.

“There are a batch of folks who conscionable don’t person capable wealth enactment away,” Jason Athas, a manager of acquisition programs astatine Debt Management Credit Counseling Corp., a Florida-based nonprofit that provides indebtedness alleviation and counseling services, told the AARP. "Credit paper indebtedness is 1 of the biggest problems seniors person today."

If money's not an issue, retirees who conscionable privation the top fig of activities to capable their days mightiness see San Francisco, which WalletHub ranked fig 1 successful that category.

As for prime of beingness and wellness care, Pearl City, Hawaii and New Haven, Connecticut took the apical honors, respectively.

For much connected the methodology down the study, spot the WalletHub website.