5 Cities You Need To Consider If You’re Retiring in 2025

Leaving the workforce and heading to retirement is a big adjustment, especially when it comes to your finances, so choosing where you spend your golden years is a careful decision that should include several factors.

Many retirees look to stretch their money, so considering things such as tax breaks, cost of living, quality of life, access to good, affordable health care, and nearby amenities are essential things to take into account. If you’re planning on retiring in 2025 and searching for the perfect city, here are five places that should be on your radar, according to Yawar Charlie, a senior real estate agent, director of Aaron Kirman Group’s estates division, and a cast member of CNBC’s “Listing Impossible.”

“As a luxury realtor, I’ve had the privilege of watching many of my clients transition into retirement over the years, and it’s not just about the weather — it’s about finding a place that fits your lifestyle, budget, and everything you’ve worked so hard for,” Charlie told GOBankingRates. “These cities aren’t just random picks — they’re where I’ve seen clients settle down happily, and here’s why they stand out.”

Florida is a state many retirees flock to for the warm weather and tax benefits, and Sarasota is a magnet for people who want to relocate. It boasts a lively art scene and sits along the Gulf of Mexico, offering stunning views. In addition, it’s about an hour from Tampa, so if you want to escape to a big city for the day, you’re close. 

“Sarasota is one of those places that feels like it’s straight out of a retirement brochure — beaches, golf courses, and sunshine all year round,” Charlie said. “Florida doesn’t have a state income tax, which is like a gift to retirees. According to U.S. News, it ranks as one of the top places to retire, with an affordable median home price of around $464,000,” he added. 

If desert living is more your vibe, Scottsdale offers year-round sunny weather, plenty of activities, and stunning landscapes. “Plus, Scottsdale’s walkability and active social scene keep retirees engaged and connected,” Charlie said. “The cost of living is a little higher, but with the median home price hovering around $775,000, it’s a trade-off many retirees are willing to make for the quality of life here,” he added. 

Whether you like kayaking, hiking, or enjoying sweeping mountain views, Asheville is a city worth considering for spending your retirement years.

“Asheville is for retirees who crave a balance between nature and culture,” Charlie said. The city also has a booming food and arts scene that keeps things fun and entertaining. 

From interesting architecture to a thriving downtown filled with vibrant bars and restaurants, Palm Springs is an exciting and popular retirement destination for a reason. 

“For people who love a bit of glam, Palm Springs offers a chic desert lifestyle with mid-century modern charm,” Charlie said. “It’s not the most affordable place — median home prices are around $665,000 — but the community, outdoor activities, and sunny weather make it a perfect retreat.

“Plus, you’re only a couple of hours from L.A. for when you need a big-city fix. Palm Springs also offers plenty of golf, spa and resort-style living options — perfect for those who want a bit of luxury.” 

Austin offers an ideal combination of culture, history and exciting things to do. Known for its cool music scene, a place for foodies to explore delicious BBQ, affordability, and no state income tax, Austin is becoming the go-to city for retirees. 

“Its blend of city amenities, outdoor activities and Southern hospitality makes it appealing for retirees looking for a mix of fun and relaxation,” Charlie said. “With a median home price of $550,000, it’s slightly more affordable than other major metros. And trust me, the food scene here alone is enough to make you never want to leave.”