CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

25 Best Places to Retire

Thinking about your post-work home? You'll get huge bang for your buck -- plus lots of other perks -- in these towns.

2 of 25
BACKNEXT
Palm Springs, Calif.
Palm Springs, Calif.
For artsy types, Palm Springs is tops.
Population: 48,000
% over 50: 42%
Typical 3-bedroom home: $250,000
Housing prices down: 44%
State income tax: 10.55%*

It's easy to see the appeal of living in the desert town beloved by Frank Sinatra's Rat Pack. Residents get 332 days of annual sunshine, 360-degree views of the mountains, and as much culture and design as they can pack in.

They can see paintings and sculpture in the 125,000-square-foot Palm Springs Art Museum, landmark midcentury architecture by the likes of Richard Neutra and Albert Frey, and indie movies galore at the Palm Springs International Film Festival.

If you think those perks don't come cheap, think again. Granted, California's taxes are higher than average. But while you'll find plenty of million-dollar spreads here, the typical three-bedroom home can be had for just $250,000, down from about $450,000 at the peak. --S.M.

See complete data, including tax rates, for Palm Springs

NEXT: Traverse City, Mich.

Last updated September 24 2009: 1:21 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
* top bracket
Best places for a healthy retirement Want to retire where residents live a long life, there are lots of doctors and hospitals nearby and you can pursue an active lifestyle? Check out these 20 towns. More
I'm living 'in a Corona commercial'Readers share where they're enjoying a dream retirement. More
Tee up your retirement Pinehurst, N.C. offers world-class golf courses, excellent health care and a small town feel. Morevideo
Special Offer
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.