Monday, September 15, 2014

Three North Texas cities rank highly as places to retire

Best Cities for Retirement
Slides by Megan Ribbens
Grand Prairie ranked high in the survey for number of doctors and nurses per capita, fair weather and low violent crime rate.
Are you looking forward to trading 40-hour grind for weeks of relaxation? Is it about time to wrap up your career and take some time for yourself?
Good thing you’re in Dallas-Fort Worth, where three suburban cities ranked among the top in the U.S. for retirement.
The personal finance website WalletHub produced the report, which ranked 20 of the 150 largest cities by population. Criteria for the list included affordability, quality of life, access to healthcare, activities for retirees and number of available jobs.
But wait. These are the golden years. Why would a retirement survey look at jobs?
Other studies conducted by WalletHub have found that too much of a good thing – including rest and relaxation – can be a bad thing. Many retirees find they want to return to work or take jobs to supplement their fixed incomes.
“Retirees get bored and want to fill their time, so they get a part-time job or find volunteer opportunities,” said Richie Bernardo, financial writer for WalletHub.
Grand Prairie took second place in the survey, ranking highly for the number of doctors and nurses per capita, fair weather and low violent crime rate.
Plano took ninth and Garland ranked 14th in the survey for similar reasons, Bernardo said.
But there were factors that kept the North Texas cities from taking the top spot, which went to Tampa, Florida. All three have low numbers of retirees and have a higher death rate among people ages 65 and older.

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