Worst Places to Retire

Retired couple

Retired couple | Digital Vision/Getty Images

Depending on where you’re at in your career, retirement might be just around the corner. One part of retirement planning that can affect you for years to come is where you choose to live. This is a choice that shouldn’t be taken lightly. You want to make sure you live in a place that will make you happy, so that you can enjoy this new chapter in your life.

WalletHub recently revealed its list of the best and worst places to retire. They based their study on factors such as the cost of living, taxes, and availability of recreational activities. Here are five of the worst places to retire according to WalletHub.

5. Stockton, California

  • Overall rank: 178 (scale of 1 to 181; 182 = worst)
  • Quality of life rank: 166
  • Affordability rank: 179

Stockton, California scored lowest in the areas of affordability, health care, and quality of life. Scores for health care and quality of life were 174 and 166 respectively. Poverty is high in the city of Stockton at 17.7%, reports Data USA.


4. Baltimore, Maryland

  • Overall rank: 179 (scale of 1 to 181; 182 = worst)
  • Quality of life rank: 182
  • Affordability rank: 148

Baltimore, Maryland had low marks for quality of life, affordability, and healthcare (the city ranked 163 for health care quality). Crime is on the rise in Baltimore. In 2017, the city had 6,095 violent crimes (up from 5,176 the year before) and 2,969 aggravated assaults (up from 2,549), according to FBI statistics.


3.Warwick, Rhode Island

  • Overall rank: 180 (scale of 1 to 181; 182 = worst)
  • Quality of life rank: 159
  • Affordability rank: 168

Warwick, Rhode Island scored lowest when it came to affordability, quality of life, and healthcare. If you’re looking for a place that has great weather, Warwick, Rhode Island is not the place for you. This city also lost points when it came to weather. Wallet Hub found Warwick was among the worst when it came to rankings for mild weather.


2. Bridgeport, Connecticut

  • Overall rank: 181 (scale of 1 to 181; 182 = worst)
  • Quality of life rank: 133
  • Affordability rank: 181

Bridgeport, Connecticut scored the lowest marks when it came to affordability, quality of life, and activities. If you’re hoping to keep post-retirement costs low, Bridgeport is probably not a great choice. Sperling’s Best Places gave Bridgeport a cost of living score of 115, which is 15 points higher than the U.S. average of 100. The poverty rate in Bridgeport is also another area in need of improvement. Currently, the city has a poverty rate of 22.1% according to Data USA.


1. Newark, New Jersey

  • Overall rank: 182 (scale of 1 to 181; 182 = worst)
  • Quality of life rank: 172
  • Affordability rank: 174

Newark, New Jersey topped Wallet Hub’s list of worst places to retire. This city scored low points when it came to quality of life, affordability, and healthcare. On a scale of 1 to 182, with 182 being the worst score, Newark scored 171 when it came to the quality of healthcare.

Safety has also been an issue in Newark. In 2017, there were 1,205 violent crimes, up from 1,154 the year before. Furthermore, there were 31 murders, 51 rapes, 495 robberies, 628 aggravated assaults, and 3,020 instances of property crime last year, according to FBI statistics.

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