What factors should people take into consideration when saving for retirement?

"You need to find a middle path: the goal is to be in an area with steady, decent paying jobs and a robust housing market that, at the same time, isn’t so expensive that you’re simply spinning your wheels. Finding that balance can be incredibly difficult, especially in major cities on the coasts, and will generally involve trade-offs. But going over each of these different considerations —rather than simply focusing on pay — is a must for today’s workers. There’s a reason you saw so many stories these past 18 months of people leaving San Francisco and New York for less glamorous locales."

How does this list differ from a "Best States to Save for Retirement" list?

"This isn’t a ‘best place to retire’ list. The considerations of families in their working years and those ready to hang up their spurs, are entirely different. For instance, retirees might not care as much about areas with high pay or fast-rising real estate markets. This list is very much geared toward people trying to figure out how to spend less than they make."

- Taylor Tepper, Senior Retirement Analyst of Forbes Advisor

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.