ShowBiz & Sports Lifestyle

Hot

This Region Has Hidden Retirement Value -- If You Know Where to Look

This Region Has Hidden Retirement Value -- If You Know Where to Look

Leo Sun, The Motley FoolFri, February 27, 2026 at 8:01 PM UTC

0

Key Points -

Retirees often flock to popular retirement states like Florida.

Yet the Midwestern states still have significant hidden value.

The $23,760 Social Security bonus most retirees completely overlook ›

Florida's warm year-round weather, popular beaches, established retirement communities, easy access to cruises and air travel, and low taxes all make it the top state for retirees in The Motley Fool's Best Places to Retire Index. However, all of Florida's top retirement destinations are also hot and humid, face annual hurricane threats, and have high housing prices.

So instead of focusing too much on Florida, retirees can consider moving to the Midwest, which is often overlooked but actually includes several highly rated retirement cities -- including Cleveland, Ohio; Saint Paul, Minnesota; and Milwaukee, Wisconsin.

Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »

A picture of Cleveland's skyline.

Image source: Getty Images.

All three of those cities are more affordable than many other popular retirement destinations. On a scale of 1-100 for cost of living, Cleveland and Saint Paul both score 79, while Milwaukee ranks even higher at 87. All three cities also have plenty of trails, parks, cultural attractions, walkable areas, and robust healthcare options for retirees.

Advertisement

However, all three of these Midwestern cities have harsh winters. Cleveland and Saint Paul also have high city and property taxes, while some areas of Milwaukee are struggling with high crime rates. Therefore, these cities might have significant hidden value for retirees -- but they should carefully weigh their strengths and weaknesses against more popular destinations like Florida.

The $23,760 Social Security bonus most retirees completely overlook

If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income.

One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Join Stock Advisor to learn more about these strategies.

View the "Social Security secrets" »

The Motley Fool has a disclosure policy.

Original Article on Source

Source: “AOL Money”

We do not use cookies and do not collect personal data. Just news.