Retirement represents a period of change. For most people, that means less income, but more time to do what they choose. One logical response to both: move to a place with lower costs and attractive lifestyle features–such as good weather, rich cultural and educational offerings, and ample opportunities to stay physically active and to engage in volunteer work.
With that in mind, Forbes presents the list of The 25 Best Places To Retire In 2016. Forbes sifted through information on about 500 communities. The primary objective: to identify places which provide the best retirement value. No place on this list can claim to be No. 1, but each can rightfully boast that Forbes considers it a terrific place to retire.
Some of the most significant factors in our rating are financial and economic, which is one of the reasons towns come and go from this list. We compare the local cost of living with national norms. We also take into account the general state tax climate for retirees.
Searching for new surroundings in retirement? On the 2016 list of the top 25 U.S. places for retirement is Blacksburg, VA. A college town (Virginia Tech) of 44,000 in southwestern tail of Virginia.
- Economically robust.
- Above average air quality.
- Low crime rate.
- High Milken aging rank.
- Somewhat walkable.
NOTED: Cost of living 2% above national average. Average state tax climate for retirees and doctors per capita. Mild climate. On list last year. TRIVIA: Named two centuries ago for town's founder.