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Best & Worst U.S. Cities to Retire in 2016

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After working for decades many people nearing pension age may be asking themselves where to retire. The personal-finance website WalletHub compared the affordability, quality of life, health care and availability of recreational activities in the 150 largest U.S. cities. Its data set of 31 key metrics ranged from "cost of living" to "public-hospital rankings" to "percentage of the 65 and older population."

In 2015, 21 percent of workers expected to retire at age 65, but only 9 percent actually were able to do so. Why postpone retirement? Many blame the economy. Others point to “inadequate finances” as the other primary hurdle to retiring on schedule. Finally, high debt levels keep 56 percent of workers and 33 percent of retirees on the hamster wheel and prevent them from growing a nest egg.

Source: WalletHub

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