The Best Places To Retire In 2016

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By William P. Barrett

Retirement represents a period of change. For most people, that means less income, but more time to do what they choose. One logical response to both: move to a place with lower costs and attractive lifestyle features–such as good weather, rich cultural and educational offerings, and ample opportunities to stay physically active and to engage in volunteer work.
With that in mind, Forbes presents our list of The 25 Best Places To Retire In 2016.  This year’s picks are situated in 19 states across all four continental time zones. The list skews toward warm or moderate climates, in line with research by the National Association of Realtors and the U.S. Census showing baby boomers approaching retirement favor sunnier weather when they move. So four of our choices are in Florida, three in Texas and two in North Carolina. For those who like (or at least, can tolerate) especially hardy winters we include Fargo, N.D.; Pittsburgh and–a newcomer to our annual list–Traverse City, Mich.
Thanks to the aging of the Baby Boomers–that huge generation born between 1946 and 1964–there probably never has been more interest in retirement issues than now. Last year, there were 57 million Boomers age 55 or older. By 2020, when the youngest Boomers have passed the big 55, that number will swell to 71 million. Sure, saving for retirement is best approached as a lifelong affair. But 55 is the age at which many Americans start thinking seriously about when and where they’d like to retire.
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