Back in the day, retirement was just something people took for granted. Pensions for workers were more readily available. People worked until they were 65 and then retired.
That is not the case these days. Earlier this year the Employee Benefit Research Institute conducted the 2022 Retirement Coincidence Survey.
The group researched almost 3,000 Americans. Their findings include that 7 in 10 workers feel somewhat “confident” that they will have enough money to retire comfortably. However only 3 in 10 felt “very confident”.
Many retirees choose to move to an area where dollars go further. That is a main reason so many people from highly taxed New Jersey choose to retire to Delaware.
Quality of life of course is a huge consideration. Retirees are looking for homes in safe areas with access to excellent healthcare. Other considerations are weather and enjoying leisure time.
WalletHub looked at what they call “retiree-friendliness of more than 180 US cities across 46 key metrics.”
Here are WalletHub‘s Top 20 of 2022’s Best Places To Retire. And yes, Wilmington DE among best places to retire!