Best places to retire for under $40K

A modest income needn't mean deprivation. These cities offer top-notch medical care, plenty of things to do and a low cost of living.

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VIDEO ON MSN MONEY

515Comments
Apr 23, 2014 4:28PM
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Great read! Every book has its own special place. http://www.frankholderauthor.com/
Sep 30, 2013 2:27PM
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Incredible lack of reality behind this article!!
I know where NOT to go for financial or other advice!

Hey, what should I expect. MSN worships Obamacare too. So, my bad.

Sep 30, 2013 2:17PM
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Do you realize most of these happen to be on the list of the top 25 most dangerous cities                  in the U.S.?
Jun 6, 2013 3:02PM
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i spend that month sorry but i woul dget bored living in any of these cities

May 31, 2013 9:50AM
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Hilarious.  After scanning this article I clicked on 10 Worst States for Retirees based on life span, crime and retirees living in poverty.  NINE, count them, 9 of the  "Best Cities" out of 10 are located in the Worst States to retire.
Apr 18, 2013 6:59PM
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A couple other things:  Find out if heatings is forced central air or baseboard heating (expensive) etc., find out if house is on a cement foundation, make sure water appears to drain away from the home.

 

Good luck!!

Apr 18, 2013 6:55PM
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Here is a super website and fantastic data source that also has comments:    city-data

 

Plus, use a real estate website that shows annual property taxes + drive the neighborhood during daytime and nightime.

 

Have a very nice time.

Apr 18, 2013 5:21PM
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Retire to a city in the South?  Never! Redneck country is not for me.
Apr 18, 2013 5:04PM
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The author has her head in the clouds regarding the "modest" retirement income, and nest egg.  Obviously she thinks that is/should be a good average....yu hu.....Emily....stop shopping and get real !  Anybody home ???
Apr 18, 2013 4:46PM
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the best place to retire is with someone who is wealthy
Apr 18, 2013 4:45PM
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yes I agree with so sad for you well said
Apr 18, 2013 4:39PM
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F the cities....the libs can live in the cities. 

I've got 35 acres paid-in-full in southern colorado waiting for me to retire.....will build my offgrid cabin and hang a sign on the gate:  I DON'T DIAL 911 

Apr 18, 2013 4:16PM
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My retired parents live in Louisville and still in the same house they had built and moved into 36 years ago. They live on about $25k per year.

The house is 2100 SF plus another 600 SF attached garage and on 1.8 acres in the rural southeastern part of the county. They also have a small mortgage taken out a few years ago to do some updates on the house.

Apr 18, 2013 3:42PM
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I am lucky and Do/Done well in life ... just wonder how many people out there make less than 40k a year ... 50% / 75%.

 

Worldwide probably 99% .. but that another issue

 

Gonna be a lot of people moving it seems.

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It is sad that msn a new organization can't do anything but rerun the same money stories over and over again. I have seen this at least 3 times in the past year.
Same with best places to retire in the world. Etc.
Get some new material Please
Apr 18, 2013 3:24PM
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Why retire in a city? Rural areas are much less expensive and don't have most of the problems.
Apr 18, 2013 3:19PM
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Just once in awhile I wish these "articles" defined their terms.  Housing costs retired and with a mortgage:  My wife and I spend, average, $770/mo. for mortgage, taxes, insurance, all utilities with a full pay service contract on all appliances.  Social Security income at $2200/mo ($26,400/yr.) leaves $1430/ mo. for food, transportation and play.  More activities are available than we choose to participate in, medical care is not the Mayo Clinic but there are hospitals, clinics, specialty and general practice physicians adequate for all but the most exceptional needs within easy access.  Membership in a fully equipped gym is less than $200/yr.  What more do you want in retirement?  And I guarantee you there are thousands of places just like this one across the country but they aren't in any monster d.......d. megalopolis city.  They are in rural areas, in communities of 10 and 20 or 30 thousand (and even some smaller).   Look around,  It's a great, big country.
Apr 18, 2013 3:15PM
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San Miguel de Allende in Central Mexico is a prime retirement place for many. Some 10,000 U S citizens live on a permanent basis there. Same happens in other Mexican cities (Oaxaca, Merida, Chapala/Ajijic, etc.). Drug cartels are not in these areas and crime is very low. I spent 5 years in San Miguel and it was great. Many live on SS but, evidently, they don't splurge.

Apr 18, 2013 2:52PM
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After the gubmint takes our retirement money away, most of us will die working.
Apr 18, 2013 2:29PM
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"Modest" nest egg of $250,000...Wha..???  LMAO...only if I win the Lottory!!
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