Tampa is best place to retire in U.S., according to study

Tampa is the best city in the country for retirement, according to a study by the financial planner website WalletHub.com.

Tampa came out on top after an analysis of 24 metrics in four categories considered important to retirees: affordability (11th), activities (fourth), quality of life (21st) and health care (26th).

For instance, under the activities category, the study lists Tampa second for “most fishing facilities per capita.”

Other criteria used included cost of living, percentage of the elderly population, weather, employment rate for ages 65 and older, number of doctors and the elderly death rate.

WalletHubs noted that “inadequate finances” delay many people from retiring. With that in mind, the website set out to determine options that provide a pathway to a “comfortable retirement.” Analyists assumed retirees would rely on a fixed income.

“The lower their expenses, the better retirees will fare in a particular city,” WalletHub said.

The website listed 150 cities, with five others from Florida making the top 20, including St. Petersburg at No. 11. St. Petersburg rated 11th in affordability, but mysteriously was 71st in activities, 56th in quality of life and 74th in health care, despite being in the same market at Tampa.

Rounding out the top five: Scottsdale, Arizona; Boise, Idaho; Cape Coral; and Orlando.

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About Author

John William is a cum laude graduate of the University of Miami, and has spent his lifetime in sales and marketing. The fourth generation to join his family business, John William manages all luxury residential sales and transactions within the Tampa Bay and South Florida markets. A keen industry insider with a finger on the pulse of the area, He is an expert identifying high-return acquisition and development opportunities for hungry investors both large and small while simultaneously working with homeowners and homebuyers to buy and sell the home of their dreams… often times without the need of the MLS or a For Sale sign. He also oversees all digital and print marketing for the company, and handles all sales training for new and established agents alike. He is a member of the Board of Directors of Brookwood Florida, the oldest charity in Florida, and works to raise millions of dollars annually for local charities and museums.