You’ve done it. You’ve finally punched your time clock for the last time and are about to step into living your retirement dreams. Now that you don’t have to worry about a work commute you can explore where you want to retire in style based on your preferred overall cost of living in some of America’s largest cities.
Whether you want to cut down on your living expenses or move to a place with more natural beauty and outdoor activities, your retirement destination can be catered to your budget. Not only is living comfortably near family and friends an option but also finding a place where your Social Security benefits can stretch a little further is also beneficial to save room for your healthcare costs and state taxes that may come into play.
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GOBankingRates conducted a study to analyze the fastest-growing retirement hot spots from around the country, and the good news is that the U.S. has no shortage of options to live your retirement dreams in a real-life scenario. Here are some key takeaways:
Four of the top 10 retirement hot spots are Florida cities like Clermont, North Port, Fort Meyers and Vero Beach South.
Arizona has the No. 1 ranking with Goodyear as it has shown the largest percentage increase of people in retirement age living there.
Florida also has the most cities out of all the states on the top 50 lists as it landed 12 retirement hot spots overall, which is good to know when planning long-term goals as to where you want to move upon retirement.
Here is the list GOBankingRates has ranked from highest to lowest based on the biggest percentage increase in the retirement age population over five years.
This article originally appeared on GOBankingRates.com: These Are America’s 50 Fastest-Growing Retirement Hot Spots
