If you hope to travel a lot once you retire, being based in the right place can make travel easier and less expensive. Usually that means being near a large city with an international airport, but we all know city living is expensive. For retirees – especially those on a fixed income – living in a city may not be affordable. So for those boomer travel people who have spent your lives dreaming of all the places you’ll travel to once you finally have the time in retirement…or those of you who have always been avid travelers and see no slowing down once retirement hits.
Here’s the Rankings for Boomer Travel
SmartAsset looked at the following metrics in order to rank cities. The number of international flights, the number of domestic flights, senior income tax rate, property crime rate, housing costs and real estate tax. Also travel agencies per 1,000 establishments, the number of international destinations, housing costs as a percent of senior income, senior poverty rate and the average cost of domestic flights. Boomer travel is big, and getting bigger!
Here are the Top 10 ranked in order:
- Las Vegas
- Fort Worth
- Fort Lauderdale (tied for 9th)
- Salt Lake City (tied for 9th)
A few key findings? Texas took three of the top 10 spots because the state has a nice mix of affordability, major airports and low tax rates. Florida took two of the top 10 spots, primarily because of its proximity to other countries, as well as affordable homes, low taxes and affordable flights. New York City and LA offer great travel access, but they fail to make the top 10 because of affordability.