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 The Real ‘Best Places to Retire’Moneywatch.comMay 2009http://moneywatch.bnet.com/retirement-planning/article/the-real-best-places-to-retire/305464/By Richard EisenbergIf you’re thinking about where to retire, you’ve probably stumbledon at least one of those Best Places to Retire lists online, inmagazines, or in books. But which lists are credible? And whichsuit your circumstances? To find out, MoneyWatch.com reviewedthem and came away with surprising results.Since you shouldn’t choose a place to live using outdatedinformation, our analysis of retirement-places lists excludes anycreated before 2008. That left five leading raters: U.S. News,Money, Smart Money, TopRetirements.com, andRetirementLiving.com; together, they name 454 places. The key thing to remember: The rankings vary widely in thescope of the places they consider and the statistical rigor theybring to their ranking. Some of the rankers, such as TopRetirements.com and RetirementLiving.com, consider a widevariety of reasonable criteria to get at a more rounded picture of “livability.” Others focus on one or two key factors to produce avery narrow sense of what makes a place “best.” U.S. News, forinstance, lists best-retirement places ranging from ones that leanRepublican (hello, Cincinnati) to ones filled with parks(Albuquerque).Perhaps the best way to use the “best retirement places”rankings is to start with a narrowly focused list (such as citiesdotted with golf courses or ones with affordable homes) and finda handful of potential winning destinations. Then, use other listsand Web sites to see how these places stack up on broadercriteria, such as livability or recession resistance.Here’s how these “best places to retire” raters rate onMoneyWatch.com’s scale of one to five stars. (Another site,FindUtopia.com, doesn’t compile rankings but has a wealth of useful information about choosing a place to retire.)
 
 TopRetirements.comHow it rates places: This site’s Best 25 Places to Retire list isessentially a popularity contest. It includes the towns with themost online visits among the 208 featured at TopRetirements.com. The site also sells an eBook of its Top 100Retirement Towns ($12.95).What’s good: Site editors and members of the public have visitedthe winning places. Zagat-like descriptions note the negatives,too. So although No. 1 Asheville, N.C., gets high marks forclimate, water activities, downtown, and senior housing, acommenter warns that “overdevelopment is coming.” Top placesinclude the familiar (Sarasota, Fla., and San Diego) as well as thenot-so-familiar (Paris, Tenn., and Green Valley, Ariz.).What’s not good: The fairly small database of places limitspossible winners. You can’t sort the list to find places matchingyour own criteria.Best for: Finding places that other retirees like.MoneyWatch.com rating: ★★★★U.S. NewsHow it rates places: U.S. News doesn’t have one grand BestPlaces to Retire list. Instead, working primarily with OnboardInformatics, a data-gathering firm, the magazine regularly churnsout narrowly defined Top 10 lists from its database of 2,000retirement places. Its latest lists: Healthiest Places; Low-TaxPlaces; Places for Swinging Singles to Retire; Cities for Job-Seeking Retirees; Brainiest Places; Outdoorsy Places; Places forGolf Nuts; Places for Winter Sports Nuts; Places for Football Fans;Greenest Places; Places for Foodies; Places for Democrats andRepublicans.What’s good: The data-driven picks are reasonable and worthreading if you’re looking for places matching their screens. TheBest Cities for Job-Seeking Retirees list, created withRetirementJobs.com, is especially timely. (Winners: Bellevue,Wash.; Bismarck, N.D.; Charleston, W.Va.; Charlottesville, Va.;
 
Ithaca, N.Y.; Huntsville, Ala.; Lubbock, Texas; Oklahoma City;Rochester, Minn.; and State College, Pa.)What’s not good: U.S. News doesn’t reveal its data, so you can’ttell whether the magazine’s criteria would match yours. Somelists are anecdotal and random: Best Retirement Places forFoodies, for instance, came by asking “a handful of chefs andculinary experts” for recommendations and surprisingly includesMcMinnville, Ore. A few choices seem way off: Clearwater, Fla., isa great place for “winter sports nuts?”Best for: Choosing a place based on one factor that matters a lotto you.MoneyWatch.com rating: ★★★MoneyHow it rates places: Money created its three lists by selectingdiscrete criteria — towns near water, affordable homes, and longlife expectancy — and layering on additional data.What’s good: The 6 Terrific Towns on the Water list factors inlivability factors such as crime, weather, and activities. (Winners:Dunedin, Fla.; Sequim, Wash.; St. Joseph, Mich.; Beaufort, S.C.;Durango, Colo.; and Marble Falls, Texas.) The Affordable Homeswinners have Google Maps showing homes for sale and the pricesof recent sales. Winners on all three lists have data displaysshowing how they fare on key measures such as weather,property taxes, crime, movie theaters, and libraries, as well ashow the areas compare with Money’s Best Places Averages.What’s not good: The Best Places for a Long Life and AffordableHomes lists don’t include livability data. The Long Life list’scriteria seem strange: Counties with the longest life expectancyat birth but whose median family income was not more than 5percent below the state median.Best for: Anyone looking for pleasant towns near water or placeswith either low house prices or long life expectancies.MoneyWatch.com rating: ★★★
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