GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.
Retirees should be cautious about settling in expensive cities, said Daniel Morris, the founder ofSenior Living Interviews.
Opting for more affordable cities with robust senior support systems can provide a more comfortable and fulfilling retirement experience.
The housing prices are sky high with median home values soaring above $1 million.
Renting can also be unaffordable for retirees.
Another expense that seniors need to focus on during their retirement years is transportation.
The citys highcost of livingextends beyond housing to include groceries, transportation and healthcare, he said.
Boston is known for its history and vibrant culture, said Shah.
It can be a pricey and demanding place for retirees.
According to Shah, The cold winters in Boston can be especially tough on seniors.
The citys aging infrastructure with sidewalks and old buildings can present mobility challenges.
Shah also highlighted another issue residents face in a city like Boston: the lack of specific housing options.
The limited availability of housing for seniors often results in waiting lists with very little hope on the horizon.
The citys sprawling nature necessitates a reliance on cars, leading to high transportation costs, he said.
This can be particularly problematic for seniors who may have mobility issues or requirefrequent medical attention.
Opting for more affordable locales with robust support systems instead can provide a more comfortable and fulfilling retirement experience.
More From GOBankingRates
Share This Article:
