For many of us, the town we retire to isn't hard to work out. After all, living near to family and friends is often one of the most important elements of what most people envision for their golden.
No matter how hard you worked and how much money you accumulated, retirement will be a time of budgeting for most people, because there won't be any new income coming in, and Social Security benefits.
If you've managed to save $1 million for retirement, congratulations. Based on the average annual nondiscretionary expenditures in the United States for a single person, that money could last you for.
Is it better to retire in a small town or a big city? The answer will be different for every retiree and their desired retirement lifestyle. For those who don't know how to answer this question or.