Naples named No. 1 on list of ‘best cities for early retirement’ in United States

Thursday, October 31, 2019   /   by Mike Shoaff

Naples named No. 1 on list of ‘best cities for early retirement’ in United States

According to Magnify Money, that is. The personal finance site listed the city at the top of a list of 20 for a FIRE retirement — an acronym for “financially independent, retire early.”

According to the Magnify Money article, “The FIRE approach to retirement has become popular among many younger, millennial savers in recent years. In a nutshell, practitioners of FIRE aim to retire as early as they can, but only once they have achieved a level of financial independence that would free them from conventional employment. The core strategy for building a nest egg that would allow one to retire early is to adopt extremely frugal saving and spending habits.”

Not surprisingly, half of the top 20 cities that made the list are in Florida, a state well-known for its retirement and seasonal resident-friendly reputation.

To achieve the rankings, Magnify Money compiled data on 171 cities across America and scored 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 (see the charts for best and worst cities below).

The best
Here’s the list of the top 20 best cities for early retirement, in descending order, according to MagnifyMoney.

20. Pensacola

19. El Paso, Texas

18. Palm Bay

17. Killeen, Texas

16. Lakeland

15. Kingsport, Tennessee

14. Visalia, California

13. Barnstable, Massachusetts

12. Seattle

11. Daytona Beach

10. Ocala

9. Fort Myers

8. North Port

7. Lynchburg, Virginia

6. Crestview

5. Savannah, Georgia

4. McAllen, Texas

3. Port St. Lucie

2. Charleston, South Carolina

1. Naples



Ready to find your dream home? Click here to start your search. 
www.NaplesHomeSearcher.com 
RE/MAX Blue Skies
Mike Shoaff
821 5th Ave South Suite 105
Naples, FL 34102

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright 2019. Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification.
2019 Royal Palm Coast REALTOR® Association. All rights reserved. Information has not been verified, is not guaranteed, and is subject to change. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) of the Florida Gulf Coast Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Last Updated: 12/12/2019 8:28 PM CST
The data relating to real estate for sale on this limited electronic display comes in part from the Southwest Florida Multiple Listing Services. Properties listed with brokerage firms other than are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the Listing Brokers. The properties displayed may not be all the properties available through the BR Program. The source of this real property information is the copyrighted and proprietary database compilation of the participating Southwest Florida MLS organizations and is Copyright 2017 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact Data last updated 12/12/2019 8:28 PM CST.