To find the Most Affordable cities, we started with America’s 100 largest Metropolitan Statistical Areas (MSAs) and Metropolitan Divisions (MDs), all with populations of 600,000 or more.
When making purchases, more than likely you want to get the biggest bang for your buck. Everyone likes a good deal! So when deciding where to live and what real estate to purchase, getting the best deal possible for your situation is key.
Some folks will trade off a degree or two of affordability to be closer to family, have a shorter commute to work, or to be near other conveniences. In addition, it is an added benefit if the place you choose to call home has a decent cost of living.
In that vein, you might be interested to check out a recent Forbes article titled “America’s Most Affordable Cities.”
Having more money can make important lifestyle trade-offs easier to afford. One way to make sure you are planning well for retirement and beyond is to discuss your goals with a qualified estate planning attorney. He or she can help you design a strategy to use your money effectively now and to provide for your loved ones after you are gone.
Perhaps you want to retire near your daughter in the Southwest? Talk to an estate planning attorney to help you navigate a strategy to help you get there, or wherever you would like to call home in your golden years.
Reference: Forbes (March 11, 2014): “America’s Most Affordable Cities”