(Alexandria, MN) Achieving retirement is a life goal for almost everyone, and each person has a different idea of how they’ll spend their non-working time. Some want to travel the world, while others want to relax by a lake.
People who live in Alexandria feel they already knew the answer to "where" to retire, but now a SmartAsset study has confirmed it.
In its sixth annual study, New York financial technology company SmartAsset determined the best cities to retire in Minnesota by analyzing their tax friendliness, availability of medical care and social opportunities for seniors.
Alexandria came out on top, edging out Grand Rapids (#2), Detroit Lakes (#3), Fergus Falls (#4) and Montevideo (#5). Alexandria scored a 43.08 on SmartAsset's "Best Places to Retire Index. The index takes into account taxes, the number of Doctor's Offices, Recreation Centers, Retirement Center and percentage of seniors.
You can see the study results, methodology and interactive map here: https://smartasset.com/retirement/retirement-calculator#Minnesota