2011 was the first year in which "Baby Boomers", those born between 1946-1964, began hitting retirement age. Over the next 19 years approximately 77 million Americans' will retire, many of whom may be looking for a new place to live. So where do you go? Luckily, large outfits like Yahoo! and Newsweek research and publish town, city and state rankings in a variety of categories. Today's category? The 10 Best Places to Retire in 2012 as reported by Yahoo!.
Compare the 2012 rankings to our 2011 post, "Most Affordable Retirement Cities in 2011".
Rank | Location | Median Home $ | Best for | Top State Income Tax |
---|---|---|---|---|
1 | Albuquerque, NM | $174,000 | Big City | 4.9% |
2 | Portland, OR | $272,000 | Big City | 9.9% |
3 | Louisville, KY | $116,000 | Big City | 6% |
4 | Tucson, AZ | $148,000 | Big City | 4.54% |
5 | Austin, TX | $215,000 | Big City | None |
6 | Winston-Salem, NC | $129,000 | Big City | 7.75% |
7 | St George, UT | $264,500 | Resort | 5% |
8 | Traverse City, MI | $195,000 | Resort | 4.35% |
9 | Coeur d'Alene, ID | $259,000 | Resort | 7.4% |
10 | St Augustine, FL | $156,000 | Resort | None |