There is no broad-brush approach to retirement. What one retiree wants may differ from the next, especially for single Americans. Enjoyment in retirement may include extensive solo travel for one person and access to a wealth of community events for some.
Tastes aside, most single retirees will prize financial stability when choosing a place to retire. Many retirees opt to move to a destination with a lower cost of living, according to The New York Times. Housing, taxes and insurance costs all play a significant role in the cost of living for retirees, and it’s important to ensure none of them take an outsized bite out of your budget.
