High Cost of Living Areas: Cities with a high cost of living, like New York City or San Francisco, can strain a fixed retirement income.
Harsh Climate Regions: Places with extreme weather conditions, such as very cold winters in the Midwest or extremely hot summers in parts of Arizona.
High Crime Rates: Cities with elevated crime rates can make retirees feel unsafe, reducing their quality of life.
Lack of Healthcare Access: Rural areas or small towns with limited access to quality healthcare can be risky for older adults with health concerns.
Poor Public Transportation: Locations without reliable public transportation can be challenging for retirees who no longer drive.
High Tax States: States with high income, property, or sales taxes, like New Jersey or California, can eat into retirement savings.
Isolation and Lack of Activities: Remote or isolated areas with few social, cultural, or recreational opportunities can lead to loneliness.