Discover the Charming Town Just 90 Minutes from NYC Ranked as One of the Best Places to Retire in the U.S.

If you’re a New Yorker thinking about retirement, you might want to consider Milford, Connecticut. This charming coastal town is just 90 minutes from Manhattan and has recently been recognized as one of the best places for upper-middle-class retirees.

According to a study by GOBankingRates, Milford ranks third on the list of ideal towns for retirement. The rankings are based on livability scores, which assess factors like safety, amenities, and cost of living, particularly in areas with a significant population of seniors.

To be considered upper-middle-class, a community typically has an annual cost of living ranging from $120,896 to $155,438, based on metrics from the Pew Research Center.

Milford scored 88 out of 100 for its livability, praised for its low crime rate, vibrant community spirit, and access to essential services. The town hosts numerous events throughout the year, including a popular Oyster Festival every August, highlighting its strong local culture.

The average home price in Milford is around $530,266, with an annual comfortable living cost estimated at $127,612. This makes it a feasible option for retirees seeking a balance between affordability and quality of life.

Meanwhile, Dover, New Hampshire, tops the list thanks to an outstanding livability score and no taxes on Social Security income. Laguna Woods, California, came in second, noted for being an affordable enclave in expensive Orange County.

Interestingly, recent surveys indicate a trend where retirees increasingly favor smaller towns over big cities. Many people desire the charm and community feel of quieter locations. Online platforms and social media reveal growing discussions around the pros and cons of urban versus rural living post-retirement.

The GOBankingRates list featured 50 towns, with other notable mentions including Portland, Maine, and Saratoga Springs, New York, ranked eighth and thirtieth respectively.

Here are the top ten towns for upper-middle-class retirees:

1. Dover, New Hampshire
2. Laguna Hills, California
3. Milford, Connecticut
4. Ashland, Oregon
5. Wheaton, Illinois
6. Coconut Creek, Florida
7. Coeur d’Alene, Idaho
8. Portland, Maine
9. Arlington Heights, Illinois
10. Royal Palm Beach, Florida

Many experts suggest that choices about retirement locations should consider not just finances but also lifestyle aspects like community and activities. As the baby boomer generation ages, communities like Milford offer appealing alternatives, blending ease of living with cultural richness.

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