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Utah Travel Headlines

Friday, June 08, 2012

Salt Lake Ranks Among Best Cities For Retirees


Many people come here to play. Some stay to retire. And for good reason. Forbes Magazine is out with a new list, 25 Best Places To Retire In 2012, and Salt Lake City is included.

You can see the complete list here. Here are excerpts.

Reflecting what retirees say they want, there’s a slightly bigger bias toward warmer climates...

But the bigger bias is the importance we place on day-to-day economic issues: the average price of a home, the cost of living and the tax burden on retirees...

We reviewed data for hundreds of cities in all 50 states, plus the District of Columbia. Besides the usual financial factors, we looked at weather, availability of doctors, serious crime rates and encouragement for an active retirement...

About Salt Lake City, the magazine says:

Fast Fact: Most residents aren't Mormons. Pros: Good economy, cheap living costs, average home price $183,000, Low living costs, low taxes, great mountain scenery, bracing but appealing climate, incentives for active retirement. Cons: Crime rate.

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