GoBankingRates' new data shows that many cities in Arizona, California, and Florida are getting too expensive for retirees due to high costs of homes, living expenses, and senior care.
New data from GoBankingRates shows just how expensive some cities in these states are getting for retirees living on a fixed income.
The rankings show that many of the cities that are becoming the most out of reach for seniors are smaller cities and towns in Florida, California, and Arizona.
The top three cities that are becoming the most unaffordable for retirees are Ranchos Palos Verdes, California; Walnut Creek, California; and Lincoln, California.
Here are the top 21 cities where rising expenses will require a larger retirement fund:
Persons:
Palos, GoBankingRates
Organizations:
Service, Bureau of Labor Statistics
Locations:
Arizona , California, Florida, California, Palos Verdes, Walnut, Lincoln , California, Englewood , Florida, Sarasota , Florida, Palm Springs , California, Wall, Silicon, Florida , California, Arizona, Palos Verdes , California, Walnut Creek , California