Executive Education

The Top 10 List Of best U.S. Cities For Retirement In 2014: Springfield, MO Tops

Springfield, MO

Springfield, Missouri, has ranked No. 1 on 2014 list of best cities in the United States for retirement, according to a new study by Livability analysts that ranks Knoxville, Tennessee at No. 2. Where do you think is the best place for Americans to retire?

How did Springfield, the 3rd largest city in the state of Missouri become a new potential Mecca for retirees? 

What makes Springfield, MO so special?

Ranked behind Knoxville, TN, are Bellevue, Washington, Largo, Fla., and fifth-ranked Wheat Ridge, Colo. Following Honolulu in sixth place is Albuquerque, N.M., Tucson, Ariz., Missoula, Mont., and at No. 10, Coeur d’Alene, Idaho.

The study focused on health care, cost of living, recreational amenities, crime, walkability, taxes, age diversity, and social or emotional support services.

Here is a new list of 10 top U.S. cities for retirement:

Springfield, MO

1. Springfield, Missouri

KEY Highlights:
Cost of living: 7% above the national average
Population 65 & over: 14.5%
Sales tax: 7.6%

2. Knoxville, Tennessee

KEY Highlights:
Cost of living: 2% above the national average
Population 65 & over: 12.6%
Sales tax: 9.25%

3. Bellevue, Washington

KEY Highlights:
Cost of living: 20% above the national average
Population 65 & over: 13.9%
Sales tax: 9.5%

4. Largo, FL

KEY Highlights:
Cost of living: 12% above the national average
Population 65 & over: 26%
Sales tax: 7%

5. Wheat Ridge, CO

KEY Highlights:
Cost of living: 10% above the national average
Population 65 & over: 18.6%
Sales tax: 7.5%

6. Honolulu, HI

KEY Highlights:
Cost of living: 36% above the national average
Population 65 & over: 15.1%
Sales tax: 4.5%

7. Albuquerque, NM

KEY Highlights:
Cost of living: 6% above the national average
Population 65 & over: 12.1%
Sales tax: 7%

8. Tucson, AZ

KEY Highlights:
Cost of living: 5% above the national average
Population 65 & over: 11.9%
Sales tax: 8.1%

9. Missoula, MT

KEY Highlights:
Cost of living: 4% above the national average
Population 65 & over: 10.7%
Sales tax: 0%

10. Coeur d’Alene, ID

KEY Highlights:
Cost of living: 2% above the national average
Population 65 & over: 14.6%
Sales tax: 6%

Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

Under Dr. Amarendra's leadership, The CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders every day.

Dr. Amarendra holds a Ph.D. in Finance and Banking from the European Global School in France; a Doctoral Degree in Chartered Accountancy from the European International University Paris; and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine.

He earned his Master of Business Administration degree in Finance and his Master's Degree In Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States. Prof. Dr. Amarendra Bhushan Dhiraj is a macro-economist and visiting professor at Kyiv National University of Technologies and Design (KNUTD), Ukraine.

You can follow Prof. Dr. Amarendra Bhushan Dhiraj on Twitter, Facebook, and LinkedIn.