Shutterstock / EndeavorMoorePhotography
San Antonio's Alamo is just one of several affordable attractions that makes the Alamo City an attractive place to retire.
After running numbers, GoBankingRates researchers determined that seniors can retire on a little more than $47,000 annually in the Alamo City, making the nation's No. 27 best place to retire.
“Housing costs are almost 25% less than the national average, at $14,248.36 per year,” the study said. “The city also provides a wealth of opportunities to go exploring and great weather to explore in, making it one of the most affordable cities for active retirees.”
Indeed, retirees will only need an additional $1,498 monthly after social security to afford to to live out their golden years here, according to GoBankingRates. That could be why 13% of San Antonio’s 1.4 million people residents are over the age of 65.
The only other Texas city to beat out San Antonio on GoBankRate’s list was Lubbock, which ranked as the fifth-cheapest spot to retire. Folks would only need $42,000 annually to retire there.
Subscribe to SA Current newsletters.
Follow us: Apple News | Google News | NewsBreak | Reddit | Instagram | Facebook | Twitter| Or sign up for our RSS Feed
