Where to retire? It’s an age-old question that for many people centers on two big variables: housing costs and taxes.
They should add a third criterion to their list: the percentage of people collecting pensions.
Most people tend to retire close to home, according to an analysis of U.S. Census data by Cheryl Russell, a demographer and editorial director of New Strategist Publications. Those who move farther away fall into two groups: the frail elderly, who want be closer to their children, and, as Ms. Russell calls them, the “energetic affluent.” Read more »