Plug in a few numbers to our investment calculator to estimate how much you'll need to save each month to make your dreams a reality. Plus, check out our free report on the 10 BEST PLACES TO RETIRE. At $940 per month . The Best Places to Retire Overseas. These 2 types of savings accounts now offer interest of about 5%which to choose, These 10 cities have the most Tax Day procrastinatorsand 3 are in Florida, The 10 most expensive U.S. states to retire in California didn't make the list, These savings accounts earn a 1,600% higher interest rate than traditional ones, Retirees are flocking to these 10 U.S. states, Social Security Administration's latest data. Home to the Green Bay Packers, this waterfront city sits on the banks of the Bay and the Fox River. There was an unknown error. In those that have retired, its hard to keep up with expenses using such modest savings. Its also a college town. Keep reading to discover 13 cities where you can retire on $2,000 per month. Where should we retire? To qualify, the city also had to have a population that was 10% or more over the age of 65 and a livability score of 65 or higher from AreaVibes. Temple is a great option for retirees looking for a warm and sunny climate, as the average temperature high for the city falls at 78 F and the average low at 55 F. Temples monthly rent falls at $996.29 and grocery costs for this city average $401.95 per month. Specifically, she specializes in budgeting, debt repayment, savings and retirement. Experts: How To Save More in Your Employer's Retirement Plan, New Study Shows Every Age Group Is Behind on Retirement Savings -- 5 States Where It's Easiest To Hit Benchmarks, Social Security Has a 'Treasure Trove' of Benefits If You Heed These Expert Tips. A haven for golfers, Augusta hosts the annual Masters Tournament. Methodology: To find the best cities with great weather to retire on a monthly budget of $2,000 or less, GOBankingRates first used ApartmentLists data to find (1) average 2022 rent in cities below $1,000. Many baby boomers have retired from the workforce, but you might not be able to tell from their spending habits. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). A couple could live well on a budget from $1,400 to $2,000 per month$16,800 to $24,000 a year. The city features the El Paso Holocaust Museum, museums of history and art, a historic theatre and a Triple-A baseball stadium. Located right on the Naugatuck River, Waterbury is in New Haven Country.
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