Considering relocating in retirement? Explore the cost of living in different major U.S. cities – take into account factors such as expenses, natural surroundings, outdoor activities, proximity to family, and optimizing Social Security benefits for healthcare and state taxes.
A growing number of Americans aged 65 and over are working or relocating. GoBankingRates recently listed 50 cities in the United States with the highest population growth of individuals over age 65 from 2017 to 2022, with Florida leading the way with 11 cities in the top 50 growing cities. Rankings were based on the percentage increase in the retirement age population over five years.
Here are the top 20 cities in the United States with the highest growth of residents aged 65+:
- Goodyear, Arizona
- Sugar Land, Texas
- Clermont, Florida
- El Dorado Hills, California
- North Port, Florida
- Gallatin, Tennessee
- Fort Myers, Florida
- Peoria, Arizona
- Longmont, Colorado
- Vero Beach South, Florida
- Mesquite, Nevada
- Grove City, Ohio
- Rio Rancho, New Mexico
- Fort Pierce, Florida
- Lacey, Washington
- Coeur d’Alene, Idaho
- Olympia, Washington
- Myrtle Beach, South Carolina
- Port St. Lucie, Florida
- Peachtree City, Georgia
Wondering if relocating in retirement fits into your financial future? Our financial professionals can help you create and review your retirement plan to help ensure you are financially prepared for the next stage in your life.