The 10 best cities to live in if you want to retire early
A lot of factors determine if you're able to retire early - salary, savings rate, cost of living - and where you live can play a major role in how these factors pan out.
MagnifyMoney evaluated 217 US cities on cost of living (50%), quality of life (30%), and employability (20%) to determine which places in America are ripest for setting an early retirement plan into motion. You can read a full breakdown of the methodology here.
Southern states topped the charts in terms of cost of living, while the Northeast earned higher scores for quality of life. The South won out overall, with eight of the top 10 cities residing there, including the top two places: Memphis and Knoxville, Tennessee.
If you're considering early retirement, read on to check out the best places in America to make that a reality.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- IndiGo places order for 30 wide-body A350-900 planes
- Markets extend gains for 5th session; Sensex revisits 74k
- Top 10 tourist places to visit in Darjeeling in 2024
- India's forex reserves sufficient to cover 11 months of projected imports