Atlanta is the fifth-best city in the country for retirees, according to a new report from WalletHub.
The study, Best & Worst Places to Retire, looked at 40 key metrics in the 150 largest U.S. cities. Atlanta had a total score of 56.08, ranking at No. 58 for affordability, No. 8 for activities, No. 113 for quality of life and No. 52 for health care.
Retirees are attracted to Atlanta because of the metro area’s great retirement communities, warm weather and tax breaks for seniors. In fact, Kiplinger named Georgia one of the most tax-friendly states for seniors.
As many people’s retirement funds are suffering and pensions dwindling, many are seeking ways to have the best retirement possible. According to the Employee Benefit Research Institute’s 2017 Retirement Confidence Survey, only 18 percent of U.S. workers have a high level of confidence that they’ll have enough money to retire comfortably and nearly four in 10 have little to no retirement savings.