The Best Places to Retire in 2014

smiling seniors
by Ben Ashauer
October 29, 2013

Whether you’re currently retired or still in the planning stages, it’s tough not to wonder if your current living situation is really the most suitable for you as a retiree.

However, if your city is on Money Magazine’s 2014 list of America’s Best Places to Retire, you can probably put your mind to rest.

According to CBS News, here are the list of cities, in no particular order:

  • Raleigh, NC
  • Pittsburgh, PA
  • Lexington, KY
  • St. Petersburg, FL
  • Boise, ID

Money Magazine reportedly scanned the entire country to compile their but list, but put a greater emphasis on affordable, smaller cities. They also highlighted things such as culture, taxes, activities and healthcare. The list highlights places with populations of 150,000-500,000 people.

Donna Rosato, the magazine’s senior editor, recently appeared on “CBS This Morning” and confirmed that Raleigh, N.C. has been one of the top destinations for retirees for a while now.

“There’s been a 97 percent increase in the population of people 55-64,” she said. “Mild weather, four seasons, and an interesting phenomenon – many people in the Northeast move to Florida, and then they move to do a second retirement in North Carolina, they’re called the half-backs.”

Rosato says retirees have even more incentive for moving to Raleigh: it has a strong local economy and North Carolina State University features a lifelong learning program.

The other cities on the list feature similar benefits for retirees, who are increasingly interested in a place that provides solid healthcare, a vibrant cultural scene and access to good schools.

Click here to read more about why the cities on the list were chosen.

Want some tips for picking the right retirement spot?

While the cities listed above are certainly suitable for retirement, there’s no way to know if any of them — or any other city — matches your preferences, unless you conduct some of your own research.

Emily Brandon of US News provides some tips for finding a place that fits your budget and interests.

Click here to read her column.

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