Want To Retire in One of America’s Safest Cities? $1 Million Might Not Get You Far



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                <h2>Saratoga, California</h2><ul>
  • Total crime rate per 1,000 residents: 7.5
  • Total cost of living index: 437.9
  • Total annual expenditures: $222,715.94
  • Annual expenditures after annual Social Security benefits are used: $206,443.34
  • How long $1 million will last: 4 years, 10 months and 2 days

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                    <h2>Greenwich, Connecticut</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.8
  • Total cost of living index: 259.3
  • Total annual expenditures: $131,879.98
  • Annual expenditures after annual Social Security benefits are used: $115,607.38
  • How long $1 million will last: 8 years, 7 months and 22 days

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                    <h2>Wellesley, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.3
  • Total cost of living index: 256
  • Total annual expenditures: $130,201.60
  • Annual expenditures after annual Social Security benefits are used: $113,929
  • How long $1 million will last: 8 years, 9 months and 7 days

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                    <h2>Harrison, New York</h2><ul>
    
  • Total crime rate per 1,000 residents: 5.8
  • Total cost of living index: 232.8
  • Total annual expenditures: $118,402.08
  • Annual expenditures after annual Social Security benefits are used: $102,129.48
  • How long $1 million will last: 9 years, 9 months and 12 days

    Learn: How To Open a Roth IRA

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                    <h2>Newton, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.1
  • Total cost of living index: 215.5
  • Total annual expenditures: $109,603.30
  • Annual expenditures after annual Social Security benefits are used: $93,330.70
  • How long $1 million will last: 10 years, 8 months and 14 days

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                    <h2>Belmont, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.5
  • Total cost of living index: 207.7
  • Total annual expenditures: $105,636.22
  • Annual expenditures after annual Social Security benefits are used: $89,363.62
  • How long $1 million will last: 11 years, 2 months and 7 days

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                    <h2>Needham, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.6
  • Total cost of living index: 201.9
  • Total annual expenditures: $102,686.34
  • Annual expenditures after annual Social Security benefits are used: $86,413.74
  • How long $1 million will last: 11 years, 6 months and 24 days

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                    <h2>Ridgewood, New Jersey</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.1
  • Total cost of living index: 176.3
  • Total annual expenditures: $89,666.18
  • Annual expenditures after annual Social Security benefits are used: $73,393.58
  • How long $1 million will last: 13 years, 7 months and 12 days

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                    <h2>Arlington, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.6
  • Total cost of living index: 174.1
  • Total annual expenditures: $88,547.26
  • Annual expenditures after annual Social Security benefits are used: $72,274.66
  • How long $1 million will last: 13 years, 9 months and 28 days

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                    <h2>Milton, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.3
  • Total cost of living index: 170.7
  • Total annual expenditures: $86,818.02
  • Annual expenditures after annual Social Security benefits are used: $70,545.42
  • How long $1 million will last: 14 years, 1 month and 28 days

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                    <h2>Long Beach, New York</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.6
  • Total cost of living index: 169.3
  • Total annual expenditures: $86,105.98
  • Annual expenditures after annual Social Security benefits are used: $69,833.38
  • How long $1 million will last: 14 years, 3 months and 22 days

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                    <h2>Rancho Santa Margarita, California</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.4
  • Total cost of living index: 162
  • Total annual expenditures: $82,393.20
  • Annual expenditures after annual Social Security benefits are used: $66,120.60
  • How long $1 million will last: 15 years, 1 month and 10 days

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                    <h2>Reading, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.4
  • Total cost of living index: 153.2
  • Total annual expenditures: $77,917.52
  • Annual expenditures after annual Social Security benefits are used: $61,644.92
  • How long $1 million will last: 16 years, 2 months and 17 days

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                    <h2>Cliffside Park, New Jersey</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.2
  • Total cost of living index: 148.9
  • Total annual expenditures: $75,730.54
  • Annual expenditures after annual Social Security benefits are used: $59,457.94
  • How long $1 million will last: 16 years, 9 months and 20 days

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                    <h2>Colleyville, Texas</h2><ul>
    
  • Total crime rate per 1,000 residents: 6
  • Total cost of living index: 143.5
  • Total annual expenditures: $72,984.10
  • Annual expenditures after annual Social Security benefits are used: $56,711.50
  • How long $1 million will last: 17 years, 7 months and 14 days

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                    <h2>North Andover, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.7
  • Total cost of living index: 141.2
  • Total annual expenditures: $71,814.32
  • Annual expenditures after annual Social Security benefits are used: $55,541.72
  • How long $1 million will last: 17 years, 11 months and 27 days

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                    <h2>Marshfield, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 4.5
  • Total cost of living index: 139.6
  • Total annual expenditures: $71,000.56
  • Annual expenditures after annual Social Security benefits are used: $54,727.96
  • How long $1 million will last: 18 years, 3 months and 4 days

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                    <h2>Franklin, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 3.3
  • Total cost of living index: 136.9
  • Total annual expenditures: $69,627.34
  • Annual expenditures after annual Social Security benefits are used: $53,354.74
  • How long $1 million will last: 18 years, 8 months and 23 days

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                    <h2>Weston, Florida</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.3
  • Total cost of living index: 136.4
  • Total annual expenditures: $69,373.04
  • Annual expenditures after annual Social Security benefits are used: $53,100.44
  • How long $1 million will last: 18 years, 9 months and 25 days

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                    <h2>Billerica, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.6
  • Total cost of living index: 133.3
  • Total annual expenditures: $67,796.38
  • Annual expenditures after annual Social Security benefits are used: $51,523.78
  • How long $1 million will last: 19 years, 4 months and 24 days

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                    <h2>Bergenfield, New Jersey</h2><ul>
    
  • Total crime rate per 1,000 residents: 3.8
  • Total cost of living index: 132.4
  • Total annual expenditures: $67,338.64
  • Annual expenditures after annual Social Security benefits are used: $51,066.04
  • How long $1 million will last: 19 years, 6 months and 26 days

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                    <h2>Beverly, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.3
  • Total cost of living index: 131.7
  • Total annual expenditures: $66,982.62
  • Annual expenditures after annual Social Security benefits are used: $50,710.02
  • How long $1 million will last: 19 years, 8 months and 14 days

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                    <h2>Johns Creek, Georgia</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.8
  • Total cost of living index: 129.7
  • Total annual expenditures: $65,965.42
  • Annual expenditures after annual Social Security benefits are used: $49,692.82
  • How long $1 million will last: 20 years, 1 month and 9 days

    Related: You Don’t Have To Be a Millionaire To Retire in These Places

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                    <h2>Keller, Texas</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.9
  • Total cost of living index: 129.5
  • Total annual expenditures: $65,863.70
  • Annual expenditures after annual Social Security benefits are used: $49,591.10
  • How long $1 million will last: 20 years, 1 month and 24 days

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                    <h2>Shrewsbury, Massachusetts</h2><ul>
    
  • Total crime rate per 1,000 residents: 3.5
  • Total cost of living index: 128.6
  • Total annual expenditures: $65,405.96
  • Annual expenditures after annual Social Security benefits are used: $49,133.36
  • How long $1 million will last: 20 years, 4 months and 2 days

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                    <h2>Park Ridge, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.9
  • Total cost of living index: 125.4
  • Total annual expenditures: $63,778.44
  • Annual expenditures after annual Social Security benefits are used: $47,505.84
  • How long $1 million will last: 21 years and 12 days

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                    <h2>Saratoga Springs, Utah</h2><ul>
    
  • Total crime rate per 1,000 residents: 8
  • Total cost of living index: 123.5
  • Total annual expenditures: $62,812.10
  • Annual expenditures after annual Social Security benefits are used: $46,539.50
  • How long $1 million will last: 21 years, 5 months and 20 days

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                    <h2>South Kingstown, Rhode Island</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.5
  • Total cost of living index: 121.6
  • Total annual expenditures: $61,845.76
  • Annual expenditures after annual Social Security benefits are used: $45,573.16
  • How long $1 million will last: 21 years, 11 months and 4 days

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                    <h2>Cheshire, Connecticut</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.1
  • Total cost of living index: 118
  • Total annual expenditures: $60,014.80
  • Annual expenditures after annual Social Security benefits are used: $43,742.20
  • How long $1 million will last: 22 years, 10 months and 4 days

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                    <h2>Rochester Hills, Michigan</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.1
  • Total cost of living index: 116.5
  • Total annual expenditures: $59,251.90
  • Annual expenditures after annual Social Security benefits are used: $42,979.30
  • How long $1 million will last: 23 years, 3 months and 1 day

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                    <h2>Cumberland, Rhode Island</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.1
  • Total cost of living index: 116
  • Total annual expenditures: $58,997.60
  • Annual expenditures after annual Social Security benefits are used: $42,725
  • How long $1 million will last: 23 years, 4 months and 22 days

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                    <h2>Bartlett, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 5.7
  • Total cost of living index: 115.3
  • Total annual expenditures: $58,641.58
  • Annual expenditures after annual Social Security benefits are used: $42,368.98
  • How long $1 million will last: 23 years, 7 months and 1 day

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                    <h2>Merrimack, New Hampshire</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.4
  • Total cost of living index: 114.8
  • Total annual expenditures: $58,387.28
  • Annual expenditures after annual Social Security benefits are used: $42,114.68
  • How long $1 million will last: 23 years, 8 months and 22 days

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                    <h2>Pleasant Grove, Utah</h2><ul>
    
  • Total crime rate per 1,000 residents: 4.1
  • Total cost of living index: 114.5
  • Total annual expenditures: $58,234.70
  • Annual expenditures after annual Social Security benefits are used: $41,962.10
  • How long $1 million will last: 23 years, 9 months and 24 days

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                    <h2>Carmel, Indiana</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.7
  • Total cost of living index: 113.9
  • Total annual expenditures: $57,929.54
  • Annual expenditures after annual Social Security benefits are used: $41,656.94
  • How long $1 million will last: 23 years, 11 months and 27 days

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                    <h2>Huntley, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.4
  • Total cost of living index: 111.9
  • Total annual expenditures: $56,912.34
  • Annual expenditures after annual Social Security benefits are used: $40,639.74
  • How long $1 million will last: 24 years, 7 months and 2 days

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                    <h2>Buffalo Grove, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 5.7
  • Total cost of living index: 109
  • Total annual expenditures: $55,437.40
  • Annual expenditures after annual Social Security benefits are used: $39,164.80
  • How long $1 million will last: 25 years, 6 months and 6 days

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                    <h2>Lake in the Hills, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 3
  • Total cost of living index: 107
  • Total annual expenditures: $54,420.20
  • Annual expenditures after annual Social Security benefits are used: $38,147.60
  • How long $1 million will last: 26 years, 2 months and 12 days

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                    <h2>Little Elm, Texas</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.5
  • Total cost of living index: 106
  • Total annual expenditures: $53,911.60
  • Annual expenditures after annual Social Security benefits are used: $37,639
  • How long $1 million will last: 26 years, 6 months and 19 days

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                    <h2>Ballwin, Missouri</h2><ul>
    
  • Total crime rate per 1,000 residents: 6
  • Total cost of living index: 104.6
  • Total annual expenditures: $53,199.56
  • Annual expenditures after annual Social Security benefits are used: $36,926.96
  • How long $1 million will last: 27 years and 22 days

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                    <h2>Hanover Park, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.3
  • Total cost of living index: 103
  • Total annual expenditures: $52,385.80
  • Annual expenditures after annual Social Security benefits are used: $36,113.20
  • How long $1 million will last: 27 years, 8 months and 2 days

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                    <h2>Hutto, Texas</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.3
  • Total cost of living index: 101.4
  • Total annual expenditures: $51,572.04
  • Annual expenditures after annual Social Security benefits are used: $35,299.44
  • How long $1 million will last: 28 years, 3 months and 22 days

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                    <h2>Mundelein, Illinois</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.4
  • Total cost of living index: 98.4
  • Total annual expenditures: $50,046.24
  • Annual expenditures after annual Social Security benefits are used: $33,773.64
  • How long $1 million will last: 29 years, 7 months and 2 days

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                    <h2>Florence, Arizona</h2><ul>
    
  • Total crime rate per 1,000 residents: 5.5
  • Total cost of living index: 95.9
  • Total annual expenditures: $48,774.74
  • Annual expenditures after annual Social Security benefits are used: $32,502.14
  • How long $1 million will last: 30 years, 8 months and 29 days

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                    <h2>Independence, Kentucky</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.3
  • Total cost of living index: 92
  • Total annual expenditures: $46,791.20
  • Annual expenditures after annual Social Security benefits are used: $30,518.60
  • How long $1 million will last: 32 years, 8 months and 27 days

    Find Out: 20 Ways To Increase Your Savings and Retire With Peace of Mind

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                    <h2>Rexburg, Idaho</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.6
  • Total cost of living index: 91.6
  • Total annual expenditures: $46,587.76
  • Annual expenditures after annual Social Security benefits are used: $30,315.16
  • How long $1 million will last: 32 years, 11 months and 17 days

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                    <h2>Bella Vista, Arkansas</h2><ul>
    
  • Total crime rate per 1,000 residents: 8.4
  • Total cost of living index: 90.7
  • Total annual expenditures: $46,130.02
  • Annual expenditures after annual Social Security benefits are used: $29,857.42
  • How long $1 million will last: 33 years, 5 months and 19 days

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                    <h2>Brunswick, Ohio</h2><ul>
    
  • Total crime rate per 1,000 residents: 6.2
  • Total cost of living index: 90.4
  • Total annual expenditures: $45,977.44
  • Annual expenditures after annual Social Security benefits are used: $29,704.84
  • How long $1 million will last: 33 years, 7 months and 21 days

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                    <h2>North Ridgeville, Ohio</h2><ul>
    
  • Total crime rate per 1,000 residents: 4.7
  • Total cost of living index: 88.7
  • Total annual expenditures: $45,112.82
  • Annual expenditures after annual Social Security benefits are used: $28,840.22
  • How long $1 million will last: 34 years, 7 months and 24 days

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                    <h2>Plum, Pennsylvania</h2><ul>
    
  • Total crime rate per 1,000 residents: 7.5
  • Total cost of living index: 79.2
  • Total annual expenditures: $40,281.12
  • Annual expenditures after annual Social Security benefits are used: $24,008.52
  • How long $1 million will last: 41 years, 7 months and 14 days

    More From GOBankingRates

    Methodology: GOBankingRates looked at 100 of America’s safest cities as sourced from NeighborhoodScout’s 2019 Top 100 Safest Cities in America report to find out how long $1 million will last you in retirement in America’s safest cities. GOBankingRates determined the amount of time that $1 million will last during retirement in each city by multiplying the annual expenditures for someone 65 and older, sourced from the Bureau of Labor Statistics 2018 Consumer Expenditure Survey, by each city’s overall cost of living index as sourced from Sperling’s Best Places. This annual expenditure figure was reduced by the annual Social Security benefits a retiree would receive based on the Social Security Administration’s September 2019 monthly statistical snapshot. GOBankingRates then took this reduced figure and divided it by 1,000,000 to get the years, months and days that $1 million would last in retirement for each city. Each city’s crime rate (per 1,000) residents was sourced from NeighborhoodScout, and the percentage of the population 65 years and older was sourced from the 2017 American Community Survey as supplemental data. Caledonia, Wisconsin, was excluded from the final ranking due to insufficient cost of living data available. All data was up to date and compiled on Nov. 13, 2019.

    This article originally appeared on GOBankingRates.com: Want To Retire in One of America’s Safest Cities? $1 Million Might Not Get You Far



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