Decatur has a median monthly rent of just $655 and a median home value under six figures at $96,124.
However, retirees would still have to brace for all four seasons, including some snow-filled Midwest winters.
The same goes for Bay City, Michigan, when it comes to weather, but there is still a favorable median monthly rent of $638 and a median home value of $101,958.
Retirees should also consider a new “bucket strategy” to make their savings last longer, no matter where they decide to move.
Some secret fees could be draining 401(k) accounts as well, and some important steps can help individuals avoid losing serious money.
Where to save your retirement money
There are several different places where you can put the money you save for retirement. Each has different tax advantages, but not all of them are available to everyone.