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.

13 of 25
BACKNEXT
Miami
Miami
Population: 409,700
% over 50: 34%
Typical 3-bedroom home: $200,000
State income tax: None

Known for its art deco architecture and jet-setting residents, Miami combines the allure of a traditional Florida retirement (the weather, the beaches) with that of a trend-setting city. Foodies will enjoy the flavors from around the world in Miami's thriving restaurant scene. The famed South Beach area is a mecca for high-end shopping and nightlife.

Miami has all the cultural trapping of big city, from the Miami City Ballet and Jackie Gleason Theater to major sports franchise teams. The metropolis plays host to a variety of fairs and festivals through the year; highlights include the Art Basel International Art Show, the Miami International Wine Fair and the Miami International Film Festival.

Like the rest of Florida, Miami has been devastated by plummeting real-estate values, but that means opportunists can find luxury condos and art deco homes at a deep discount. Florida has no income tax, but property taxes can be high. --B.B.

See complete data, including tax rates, for Miami

NEXT: Fairhope, Ala.

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)
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

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.