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Kim Butler
President

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX



BIOGRAPHY:
I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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Top 5 U.S. Cities for Retirees

The No. 1 city for retirement-age residents is in the North-Central part of the country, where weather is not ideal but living conditions are pleasant.

| BY Kent McDill

It is a time-honored tradition to move from your time-honored home to someplace warmer or drier or less hectic when you retire.

And while there are certainly communities in Florida and Arizona that accept retirees at a dizzying rate, America’s No. 1 city for retirement-age people is nowhere near the ocean or the desert.

Thanks to www.wallstreetcheatsheet.com, we now know the city with the highest percentage or retirement age citizens is (wait for it) – Pittsburgh!

According to Forbes Magazine, 23.6 percent of all Pittsburgh residents are 60 years old or older. The reason? Apparently, nobody leaves Pittsburgh once they move in. In the last decade, the city has lost only 2 percent of its population.

A report from Bankers Life and Casualty ranks Pittsburgh as the third-best city in America for seniors because of a large number of places of worship, easy and ample mass transit and a lot of open spaces.

RELATED: Retirement Ideas: When Will You Know You Are Ready?

Moving now to the places you figured would have a lot of retirement age people, No. 2 on the list is Palm Bay, Fla., which is near Fort Myers. Kiplinger reports that just over 20 percent of its population of 543,000 is over the age of 65. There are 29 parks and 10 golf courses in the surrounding area, and those are considered significant attraction factors for retirees.

Moving out west, where the air is drier, Surprise, Ariz. has 117,000 residents and 19 percent are 65 years of age or older. Surprise has numerous retirement communities, enough that golf carts are allowed on surface streets where the speed limit is 35 or slower.

Eight miles northwest of Miami is Hialeah, Fla., home to 224,000 residents, of which 19 percent are 65 years of age or older. The city has responded to its influx of seniors with the construction of numerous senior centers, and the local hospital now has as senior care facility.

Scottsdale, Ariz., is a popular vacation destination as well as a host to thousands of retirees. It ranks just behind Surprise and Hialeah in percentage of residents 65 and older, but it reports that 43 percent of its population is over the age of 50. Scottsdale feels like a suburb of Phoenix, which is only 20 minutes away by car, and that is considered one of the attractions of the area for retirement-age people.

Three other cities noted in the CheatSheet report were Buffalo, N.Y., which rates highly for its public transportation; Hot Springs, Ark., which has a much lower cost-of-living that sits 16 percent below the national average; and Clearwater, Fla., which sits on the Gulf Coast and has, according to some judging bodies, the prettiest beaches in the country.

 



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.