Cincinnati Named One of the Top 20 Cities to Retire in the United States

Spend your golden years in the Queen City and you'll be rolling in extra dough — or at least a large variety of low-impact activities — says a recent report

Sep 8, 2020 at 5:16 pm
click to enlarge This could be you in retirement with all of your extra money if you stay in Cincinnati - Photo: Pexels
Photo: Pexels
This could be you in retirement with all of your extra money if you stay in Cincinnati

If you're interested in finding a place to retire, look no further: You're already there. According to a recent study from WalletHub, Cincinnati is the 11th best city in the nation to retire.

Old age comes for us all, so it's always the goal to plan ahead so that you can get the best out of your retirement years. According to the Employee Benefit Research Institute’s 2020 Retirement Confidence Survey only 24% of respondents were “very confident” in having enough money to retire comfortably.

In order to ensure you can retire with enough in the bank, there are two options: keep working or move someplace where your money can stretch further. Like Cincinnati, apparently.

Using 46 metrics across four categories — from health care to weather to retired taxpayer-friendliness — WalletHub analyzed 182 cities across the U.S. to find the best place for you to spend your golden years. 

While Cincinnati ranked 11th overall, the Queen City took higher honors — fourth place — for retiree-friendly activities, which covers everything from golf, galleries and book clubs to senior centers, fishing spots and other low-impact fun. For the other categories of affordability, quality of life and health care, Cincinnati fell in the middle of the road. 

But what about the best city to retire in? Orlando, Florida.

Rounding out the top 10 were, in order (and not surprisingly including multiple cities in Florida), Tampa, Florida; Charleston, South Carolina; Miami, Florida; Fort Lauderdale, Florida; Scottsdale, Arizona; Casper, Wyoming; Minneapolis, Minnesota; Jackson, Mississippi; and Denver, Colorado.

The worst? Newark, New Jersey.