Talk of The Villages Florida - View Single Post - Is TV the best place to retire with little to no savings?
Thread: Is TV the best place to retire with little to no savings?
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Old 02-23-2024, 08:23 PM
MrChip72 MrChip72 is offline
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Originally Posted by dhdallas View Post
After compiling all the data, the team named Foley, Alabama, the best place to retire for those with little to no savings. Joining Foley on the top 10 list is Mountain Home, Arkansas, in the second-place spot, followed by Hot Springs Village, Arkansas, in third, The Villages, Florida, in fourth, and Bella Vista, Arkansas, at No. 5. Rounding out the top 10 is Pinehurst, North Carolina; Green Valley, Arizona; North Myrtle Beach, South Carolina; Fredericksburg, Texas; and Punta Gorda, Florida.
Unless you're going to live in the trailer park section of TV, it's certainly not a good place to retired for people with little savings. The rent in TV is much higher than most non-coastal retirement communities in Florida. You would be lucky to rent a smaller home at the rock bottom in any half decent part of TV for $24k/year.