As the ranks of American retirees swell, one of the key decisions that those nearing that benchmark have to make is where to spend their after-work lives.
A new study from GOBankingRates finds that the older populations in 50 U.S. retirement “hotspots” have increased by 20% since 2018.
To identify those places, GOBankingRates analyzed U.S. cities with at least 7,500 people age 65 and over and with an average percent of this age group greater than the national average of 16.8%.
Researchers sourced all population data from the U.S. Census’ 5-year American Community Survey from 2018, 2022 and 2023.
To qualify for the study, the city had to have higher than national averages in the one- and five-year percent changes in its 65-plus population. For the final ranking, researchers considered only the five-year percent change in population, with all data collected on and up to date as of July 15.
See the accompanying gallery for the 15 top retirement hotspots, ranked by their five-year 65-and-older population increases.
(Credit: Adobe)
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