USA

How much you need to retire in U.S. cities with most adults 65 and older

Some of the fastest growing communities in the USA are not built around schools or playgrounds. Designed for retirees.

These developments, which are generally limited to 55 years of age and over, have opportunities such as Pickleball Courts, Community Centers and Golf Car Friendly Streets. Most hot, low -efficiency states, which makes them particularly attractive for retirees who want to maximize their savings.

As Baby Boomers continued to leave the labor force, these areas become popular destinations – many of them are regularly revealed in the ranking of the best places to retire. As a result, they tend to have the highest shares of residents aged 65 years and older in the country.

A remarkable example is a “active adult community” that defines itself, consisting of 140,000 people, mainly consisting of 140,000 people, mainly 55 years and older. The fastest growing US subway area in 2023, According to the Census Office.

Sun City West in Arizona and other communities including Lady Lake in Florida similar growth For addressing the constantly expanding retired population.

However, the construction of a community for retirement does not mean that it is appropriate. In some places, retired “rich” may require more than $ 3 million savings.

How much money is necessary to retire ‘rich’

Gobankingrates described the US places. The highest shares of residents 65 years and older Using the latest census bureau data, 25 years of expenditures to predict how much local elderly should be retired in a comfortable way calculated the total savings required to meet average annual expenditures.

Locations include both cities and at least 15,000 people without any companies.

Estimated life expenses reflect the average residential, food, transportation, health services and other basic expenditures by the Average Housing, Transportation, Health Services and other basic expenditures by 65 years of age and over households, based on the data of the Business Office of the Analytics company Sperling’s Bestplases-Living Cost Index.

Here is a large part of the elderly adults and what is necessary to retire “rich” in each of them.

1. Sun City West, Arizona

  • The share of the population of 65 years and older: 86 %
  • Estimated savings required to retire rich: $ 2.241,035

2. Villages, Florida

  • The share of the population of 65 years and older: 85 %
  • Estimated savings required to retire rich: $ 1,784.374

3. Laguna Woods, California

  • The share of the population of 65 years and older: 83 %
  • Estimated savings required to retire rich: $ 3,785,271

4. Green Valley, Arizona

  • The share of the population of 65 years and older: 80 %
  • Estimated savings required to retire rich: $ 1,742.313

5. Sun City, Arizona

  • The share of the population of 65 years and older: 75 %
  • Estimated savings required to retire rich: $ 2,232,022

6. Sun City Center, Florida

  • The share of the population of 65 years and older: 62 %
  • Estimated savings required to retire rich: $ 1,961.631

7. Venice, Florida

  • The share of the population of 65 years and older: 60 %
  • Estimated savings required to retire rich: $ 1,994.679

8. Hot Springs Village, Arkansas

  • The share of the population of 65 years and older: 60 %
  • Estimated savings required to retire rich: $ 1.339.730

9. Englewood, Florida

  • The share of the population of 65 years and older: 59 %
  • Estimated savings required to retire rich: $ 2,000,687

10. Marco Island, Florida

  • The share of the population of 65 years and older: 59 %
  • Estimated savings required to retire rich: $ 2.247.044

11. Naples, Florida

  • The share of the population of 65 years and older: 56 %
  • Estimated savings required to retire rich: $ 2.226.014

12. Punta Gorda, Florida

  • The share of the population of 65 years and older: 54 %
  • Estimated savings required to retire rich: $ 1,646,174

13. Lady Lake, Florida

  • The share of the population of 65 years and older: 52 %
  • Estimated savings required to retire rich: $ 1,844.461

14. Estero, Florida

  • The share of the population of 65 years and older: 51 %
  • Estimated savings required to retire rich: $ 1,958.626

15. Rancho Mirage, California

  • The share of the population of 65 years and older: 50 %
  • Estimated savings required to retire rich: $ 2,742.762

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