Changes to your next 401(k) statement could be alarming, but don't panic just yet.
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Many Americans who have bid farewell to the workforce or are thinking about it are turning to places that offer affordability, a strong economy, quality health care options, less traffic, and overall, more comfort. Neighborhoods outside major cities and metropolitan areas have grown in popularity among retirees, with 26% moving to smaller towns, but the overall number of people moving for retirement is down.
In 2021, American retirement relocations dropped significantly—approximately 43% less than the previous year, its lowest number of retiree relocations in five years. The Economic Research Federal Reserve Bank of St. Louis suggests this was a result of the ongoing COVID-19 pandemic, soaring home prices, and retirees not having enough savings.
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- Nicole Glass Photography // Shutterstock
- Population: 4,105 (16% age 55-64 and 40% age 65+)
- Homeowners: 82% of the population
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- MiNiProduction // Shutterstock
- Population: 1,162 (17% age 55-64 and 28% age 65+)
- Homeowners: 100% of the population
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- Diana Daley // Shutterstock
- Population: 7,597 (18% age 55-64 and 25% age 65+)
- Homeowners: 72% of the population
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kAm\ |65:2? 9@FD69@=5 :?4@>6i Sdf[gc`k^Am
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- Billwhittaker // Wikimedia Commons
- Population: 9,622 (15% age 55-64 and 23% age 65+)
- Homeowners: 78% of the population
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- Nicole Glass Photography // Shutterstock
- Population: 11,077 (15% age 55-64 and 30% age 65+)
- Homeowners: 85% of the population
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- Amy Kerkemeyer // Shutterstock
- Population: 1,271 (23% age 55-64 and 50% age 65+)
- Homeowners: 86% of the population
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- Andrew F. Kazmierski // Shutterstock
- Population: 7,212 (16% age 55-64 and 19% age 65+)
- Homeowners: 81% of the population
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- arthurgphotography // Shutterstock
- Population: 10,669 (20% age 55-64 and 40% age 65+)
- Homeowners: 79% of the population
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kAm\ |65:2? 9@FD69@=5 :?4@>6i Scc[geak^Am
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- bsankow // Shutterstock
- Population: 1,028 (18% age 55-64 and 29% age 65+)
- Homeowners: 77% of the population
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- Bob LoCicero // Shutterstock
- Population: 2,703 (14% age 55-64 and 26% age 65+)
- Homeowners: 77% of the population
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- Jonathan Green // Wikimedia Commons
Best small towns for retirees in every state
Best small towns for retirees in every state
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kAmk6>m$E@CJ 65:E:?8 3J rF u=6D9>2?k^6>m]k^Am
Many Americans who have bid farewell to the workforce or are thinking about it are turning to places that offer affordability, a strong economy, quality health care options, less traffic, and overall, more comfort. Neighborhoods outside major cities and metropolitan areas have grown in popularity among retirees, with 26% moving to smaller towns, but the overall number of people moving for retirement is down.
In 2021, American retirement relocations dropped significantly—approximately 43% less than the previous year, its lowest number of retiree relocations in five years. The Economic Research Federal Reserve Bank of St. Louis suggests this was a result of the ongoing COVID-19 pandemic, soaring home prices, and retirees not having enough savings.
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- Nicole Glass Photography // Shutterstock
- Population: 6,019 (19% age 55-64 and 34% age 65+)
- Homeowners: 70% of the population
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- Chris Watson // Wikimedia Commons
- Population: 4,649 (13% age 55-64 and 20% age 65+)
- Homeowners: 51% of the population
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- Brian A. Ridder // Wikimedia Commons
- Population: 20,902 (14% age 55-64 and 80% age 65+)
- Homeowners: 85% of the population
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- James Brooks // Wikimedia Commons
- Population: 28,539 (14% age 55-64 and 33% age 65+)
- Homeowners: 87% of the population
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- shuttersv // Shutterstock
- Population: 4,105 (16% age 55-64 and 40% age 65+)
- Homeowners: 82% of the population
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- MiNiProduction // Shutterstock
- Population: 2,835 (15% age 55-64 and 21% age 65+)
- Homeowners: 97% of the population
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- Jeffrey Beall // Shutterstock
- Population: 4,249 (17% age 55-64 and 32% age 65+)
- Homeowners: 68% of the population
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- Paul Latham // Shutterstock
- Population: 1,400 (24% age 55-64 and 48% age 65+)
- Homeowners: 82% of the population
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- Ron Shawley // Wikimedia Commons
- Population: 6,140 (13% age 55-64 and 83% age 65+)
- Homeowners: 95% of the population
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- FloridaStock // Shutterstock
- Population: 1,162 (17% age 55-64 and 28% age 65+)
- Homeowners: 100% of the population
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- Diana Daley // Shutterstock
- Population: 6,218 (23% age 55-64 and 25% age 65+)
- Homeowners: 60% of the population
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- Elena_Suvorova // Shutterstock
- Population: 5,323 (14% age 55-64 and 20% age 65+)
- Homeowners: 62% of the population
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- Sam Beebe // Wikimedia Commons
- Population: 1,406 (17% age 55-64 and 34% age 65+)
- Homeowners: 95% of the population
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- Jacob Boomsma // Shutterstock
- Population: 1,741 (15% age 55-64 and 18% age 65+)
- Homeowners: 98% of the population
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- ONUnicorn // Wikimedia Commons
- Population: 7,597 (18% age 55-64 and 25% age 65+)
- Homeowners: 72% of the population
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- Billwhittaker // Wikimedia Commons
- Population: 1,778 (10% age 55-64 and 30% age 65+)
- Homeowners: 57% of the population
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- Weldon Schloneger // Shutterstock
- Population: 2,433 (19% age 55-64 and 33% age 65+)
- Homeowners: 94% of the population
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- John Knouse // Wikimedia Commons
- Population: 2,760 (11% age 55-64 and 22% age 65+)
- Homeowners: 71% of the population
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- H.dryad // Wikimedia Commons
- Population: 6,688 (17% age 55-64 and 26% age 65+)
- Homeowners: 63% of the population
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- Kristi Blokhin // Shutterstock
- Population: 9,622 (15% age 55-64 and 23% age 65+)
- Homeowners: 78% of the population
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- Nicole Glass Photography // Shutterstock
- Population: 6,019 (18% age 55-64 and 45% age 65+)
- Homeowners: 84% of the population
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- J.A. Johnson // Shutterstock
- Population: 1,129 (16% age 55-64 and 48% age 65+)
- Homeowners: 89% of the population
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- Traveler100 // Wikimedia Commons
- Population: 3,219 (18% age 55-64 and 24% age 65+)
- Homeowners: 75% of the population
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- Dan Thornberg // Shutterstock
- Population: 2,392 (17% age 55-64 and 28% age 65+)
- Homeowners: 87% of the population
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- Aaron Manning // Wikimedia Commons
- Population: 11,077 (15% age 55-64 and 30% age 65+)
- Homeowners: 85% of the population
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- Amy Kerkemeyer // Shutterstock
- Population: 2,633 (15% age 55-64 and 21% age 65+)
- Homeowners: 73% of the population
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- 5of7 // Wikimedia Commons
- Population: 2,903 (10% age 55-64 and 25% age 65+)
- Homeowners: 60% of the population
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- Ammodramus // Wikimedia Commons
- Population: 18,446 (15% age 55-64 and 41% age 65+)
- Homeowners: 73% of the population
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- Steve Lagreca // Shutterstock
- Population: 6,604 (18% age 55-64 and 27% age 65+)
- Homeowners: 67% of the population
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- M.Bailey // Shutterstock
- Population: 1,271 (23% age 55-64 and 50% age 65+)
- Homeowners: 86% of the population
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- Andrew F. Kazmierski // Shutterstock
- Population: 3,571 (17% age 55-64 and 44% age 65+)
- Homeowners: 97% of the population
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- Karl Cox // Shutterstock
- Population: 3,119 (12% age 55-64 and 31% age 65+)
- Homeowners: 100% of the population
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- Eric Salard // Wikimedia Commons
- Population: 1,343 (22% age 55-64 and 47% age 65+)
- Homeowners: 89% of the population
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- James Willamor // Wikimedia Commons
- Population: 2,724 (15% age 55-64 and 29% age 65+)
- Homeowners: 71% of the population
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- Tim Samuelson // Shutterstock
- Population: 7,212 (16% age 55-64 and 19% age 65+)
- Homeowners: 81% of the population
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- arthurgphotography // Shutterstock
- Population: 9,452 (11% age 55-64 and 18% age 65+)
- Homeowners: 67% of the population
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- 4kclips // Shutterstock
- Population: 1,958 (15% age 55-64 and 71% age 65+)
- Homeowners: 84% of the population
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- Cary Bass // Wikimedia Commons
- Population: 5,932 (15% age 55-64 and 26% age 65+)
- Homeowners: 87% of the population
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- ifly6 // Wikimedia Commons
- Population: 5,494 (19% age 55-64 and 26% age 65+)
- Homeowners: 83% of the population
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- Wangkun Jia // Shutterstock
- Population: 10,669 (20% age 55-64 and 40% age 65+)
- Homeowners: 79% of the population
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- bsankow // Shutterstock
- Population: 3,509 (17% age 55-64 and 28% age 65+)
- Homeowners: 68% of the population
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- Cheri Alguire // Shutterstock
- Population: 22,631 (16% age 55-64 and 23% age 65+)
- Homeowners: 89% of the population
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- Melinda Fawver // Shutterstock
- Population: 2,887 (10% age 55-64 and 40% age 65+)
- Homeowners: 55% of the population
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- Stedil // Wikimedia Commons
- Population: 8,530 (14% age 55-64 and 30% age 65+)
- Homeowners: 83% of the population
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- Kit Leong // Shutterstock
- Population: 1,028 (18% age 55-64 and 29% age 65+)
- Homeowners: 77% of the population
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- Bob LoCicero // Shutterstock
- Population: 1,226 (13% age 55-64 and 34% age 65+)
- Homeowners: 100% of the population
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- Famartin // Wikimedia Commons
- Population: 1,105 (13% age 55-64 and 23% age 65+)
- Homeowners: 97% of the population
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- SounderBruce // Wikimedia Commons
- Population: 3,368 (20% age 55-64 and 28% age 65+)
- Homeowners: 69% of the population
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- Malachi Jacobs // Shutterstock
- Population: 6,153 (14% age 55-64 and 25% age 65+)
- Homeowners: 93% of the population
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- Porterhse // Wikimedia Commons
- Population: 2,703 (14% age 55-64 and 26% age 65+)
- Homeowners: 77% of the population
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- Jonathan Green // Wikimedia Commons
Cheerful couple walking on pedestrian street.
- Rido // Shutterstock
