Palm Bay Listed In Top 20 Cities In America For Early Retirement: Report
By Fox News // October 5, 2019
Florida dominates ranking
(FOX NEWS) – You don’t want your boss to fire you, but being FIRE is good… when FIRE is the acronym for “financially independent, retire early”.
A FIRE retirement requires careful planning. You’re going to need more money than most to sustain your early retirement plans – perhaps covering up to forty years of retirement. Where can you retire to make the most out of your retirement funds and still enjoy a fulfilling lifestyle for a long time?
Magnify Money addressed this question by compiling data on 171 cities throughout America and scoring them on cost of living and quality of life. The values were combined to produce an overall ranking of the best cities for a FIRE retirement.
Almost all the top twenty sites are in the southern half of the U.S., with ten of the top twenty cities located in Florida. That’s not a huge surprise – Florida is a well-established retirement location and often cited as the best state for retirement.
Naples carried the top honors, but Port St. Lucie, Crestview, Northport, Fort Myers, Ocala, Daytona Beach, Lakeland, Palm Bay, and Pensacola all reached the top twenty.
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