The majority of U.S. workers believe a comfortable retirement nest egg is at least $1.8 million, yet one in five adults over 50 lacks savings.
In 2023, more than 338,000 U.S. residents relocated for retirement, with Florida and South Carolina being the most popular destinations due to affordability and climate.
GoBankingRates' analysis identified Oro Valley, Arizona as the wealthiest, safest retirement town, with six other Arizona cities also ranking in the top 30.
The study revealed that 12 of the wealthiest, safest retirement towns are located in California, including Rancho Palos Verdes and Laguna Woods.
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