Since 2008, the share of the U.S. population age 65 and older has steadily increased — now reaching over 15% of the total population. This number is projected to continue to climb as more and more baby boomers cross the threshold into their golden years.
The growing prevalence of seniors is changing the American economy, increasing the need for medical professionals who can help people stay healthy as they age. Americans who can afford to retire comfortably look for communities that can meet their changing lifestyles and needs, such as quality medical care. Seniors who can afford to move in retirement tend to cluster in certain parts of the country that have the best services for people in their age group.
These are just a few of the many considerations that seniors keep in mind when choosing a place to retire. 24/7 Wall St. identified the best cities for older Americans to retire based on an index of a dozen measures including access to health care, financial well-being, and access to leisure activities.
Nearly all of the 30 best cities for older Americans are in the Midwest. Wisconsin has the most cities on this list with eight, followed by Minnesota with five, Iowa with four, and Illinois, North Dakota, and Missouri with two apiece.
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