Jobs In San Diego - The 'Real' Best Places to Retire
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If you're thinking about where to retire, you've probably stumbled on at least one of those Best Places to Retire lists online, in magazines, or in books. But which lists are credible? And which suit your circumstances? To find out, MoneyWatch.com reviewed them and came away with surprising results.
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Since you shouldn't choose a place to live using outdated information, our determination of retirement-places lists excludes any created before 2008. That left five foremost raters: U.S. News, Money, Smart Money, TopRetirements.com, and RetirementLiving.com; together, they name 454 places.
The key thing to remember: The rankings vary widely in the scope of the places they reconsider and the statistical rigor they bring to their ranking. Some of the rankers, such as TopRetirements.com and RetirementLiving.com, reconsider a wide variety of reasonable criteria to get at a more rounded picture of "livability." Others focus on one or two key factors to yield a very narrow sense of what makes a place "best." U.S. News, for instance, lists best-retirement places fluctuating from ones that lean Republican (hello, Cincinnati) to ones filled with parks (Albuquerque).
Perhaps the best way to use the "best withdrawal places" rankings is to start with a narrowly focused list (such as cities dotted with golf courses or ones with affordable homes) and find a handful of inherent winning destinations. Then, use other lists and Web sites to see how these places stack up on broader criteria, such as livability or stepping back resistance.
Here's how these "best places to retire" raters rate on MoneyWatch.com's scale of one to five stars. (Another site, FindUtopia.com, doesn't compile rankings but has a wealth of useful information about selecting a place to retire.)
TopRetirements.com
How it rates places: This site's Best 25 Places to Retire list is essentially a popularity contest. It includes the towns with the most online visits among the 208 featured at TopRetirements.com. The site also sells an eBook of its Top 100 withdrawal Towns (.95).
What's good: Site editors and members of the group have visited the winning places. Zagat-like descriptions note the negatives, too. So although No. 1 Asheville, N.C., gets high marks for climate, water activities, downtown, and senior housing, a commenter warns that "overdevelopment is coming." Top places consist of the well-known (Sarasota, Fla., and San Diego) as well as the not-so-familiar (Paris, Tenn., and Green Valley, Ariz.).
What's not good: The fairly small database of places limits inherent winners. You can't sort the list to find places matching your own criteria.
Best for: finding places that other retirees like.
MoneyWatch.com rating: 4 Stars.
U.S. News
How it rates places: U.S. News doesn't have one grand Best Places to Retire list. Instead, working primarily with Onboard Informatics, a data-gathering firm, the magazine usually churns out narrowly defined Top 10 lists from its database of 2,000 withdrawal places. Its most recent lists: Healthiest Places; Low-Tax Places; Places for Swinging Singles to Retire; Cities for Job-Seeking Retirees; Brainiest Places; Outdoorsy Places; Places for Golf Nuts; Places for Winter Sports Nuts; Places for Football Fans; Greenest Places; Places for Foodies; Places for Democrats and Republicans.
What's good: The data-driven picks are reasonable and worth reading if you're finding for places matching their screens. The Best Cities for Job-Seeking Retirees list, created with RetirementJobs.com, is especially timely. (Winners: Bellevue, Wash.; Bismarck, N.D.; Charleston, W.Va.; Charlottesville, Va.; Ithaca, N.Y.; Huntsville, Ala.; Lubbock, Texas; Oklahoma City; Rochester, Minn.; and State College, Pa.)
What's not good: U.S. News doesn't recapitulate its data, so you can't tell whether the magazine's criteria would match yours. Some lists are anecdotal and random: Best withdrawal Places for Foodies, for instance, came by asking "a handful of chefs and culinary experts" for recommendations and surprisingly includes McMinnville, Ore. A few choices seem way off: Clearwater, Fla., is a great place for "winter sports nuts?"
Best for: selecting a place based on one factor that matters a lot to you.
MoneyWatch.com rating: 3 Stars
Money
How it rates places: Money created its three lists by selecting assorted criteria - towns near water, affordable homes, and long life expectancy - and layering on additional data.
What's good: The 6 terrifying Towns on the Water list factors in livability factors such as crime, weather, and activities. (Winners: Dunedin, Fla.; Sequim, Wash.; St. Joseph, Mich.; Beaufort, S.C.; Durango, Colo.; and Marble Falls, Texas.) The Affordable Homes winners have Google Maps showing homes for sale and the prices of modern sales. Winners on all three lists have data displays showing how they fare on key measures such as weather, property taxes, crime, movie theaters, and libraries, as well as how the areas correlate with Money's Best Places Averages.
What's not good: The Best Places for a Long Life and Affordable Homes lists don't consist of livability data. The Long Life list's criteria seem strange: Counties with the longest life expectancy at birth but whose midpoint house revenue was not more than 5 percent below the state median.
Best for: anyone finding for pleasant towns near water or places with whether low house prices or long life expectancies.
MoneyWatch.com rating: 3 Stars
Smart Money
How it rates places: Smart Money's article, "7 Places to Retire during an Economic Downturn," had experts choose "recession-proof" places.
What's good: College towns typically are recession-resistant, so winners Gainesville, Fla., (University of Florida) and Ithaca, N.Y. (Cornell University), whose unemployment rates are nearby 6 percent, make sense.
What's not good: The list needed more rigorous criteria. Two winners - Portland, Ore., and Orlando, Fla., - are facing rough times with double-digit unemployment rates.
Best for: habitancy who care most about salutary local economies.
MoneyWatch.com rating: 1 Star
RetirementLiving.com
How it rates places: This site, from withdrawal Living information Center, lists 210 Top withdrawal Destinations in 33 states, based on its investigate and visits. The site also lists 94 Great College Towns for withdrawal in 38 states.
What's good: Each withdrawal Destination listing is information-rich and packed with related links, salvage time if you want learn more about an area's arts, recreation, senior programs, hospitals, weather, or taxes.
What's not good: There are no rankings, so every place seems equally "great." Hawaii has no listings, and many Midwest and Mid-Atlantic states are left out. You need to pay .95 to gain way to the detailed Top withdrawal reports, which omit drawbacks. The College Town list is just a series of links to the towns' and colleges' sites.
Best for: learning about places already beloved with retirees.
MoneyWatch.com rating:1 Star..
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