SOME Americans may not realize that one state holds three of the five cheapest cities to retire in.
More than 74 million individuals intend to stop working in the coming years, and some surprising suburban towns have become hotspots for seniors.
States such as Florida are famous for drawing in retirees, with more than 45,000 transplants who are 65 and older moving there annually, per AARP.
Even so, rising living and insurance costs have resulted in thousands of residents starting to flee for more affordable options.
As they look for a place to call their forever home, retirees in the US say they typically look for a mix of low cost of living, tax-friendly policies on retirement income, better access to top-of-the-line healthcare, a warmer climate, and proximity to family and friends, according to financial planning and wealth management firm Armstrong Fleming & Moore Inc.
