(Yahoo) As many Americans prepare to retire, many are wondering just how far their finances can take them.
After all, a majority of seniors live on meager incomes, and many are reliant on ever-imperiled Social Security. But for the workers who have put in their time, a cheaper spot to throw in the towel might be one solution for their economic woes. And, of course, many older adults are also combatting rising loneliness — making a strong community even more key to a comfortable retirement.
Some states have more retirees than others; perhaps unsurprisingly, nearly a fifth of Florida is retired.
While Florida is showing up and showing out, you don’t necessarily have to head south to find an ideal post-career destination — your affordable retirement might just be down the Jersey Shore.
Here are the top 10 spots to retire, according to Realtor.com, what it costs to live there, and what they’re best known for.
10. Whiting, New Jersey
Percentage of retiree-friendly listings: 78%
Median age of residents: 69
Median list price: $179,000
Known for: With by far the cheapest median list price of the top 10, Whiting, located in the Pine Barrens, is home to over 33,000 residents attracted by the plentiful greenery, relatively inexpensive prices, and proximity to Philadelphia and New York City.
9. Laguna Woods, California
Percentage of retiree-friendly listings: 99%
Median age of residents: 75
Median list price: $409,900
Known for: Laguna Beach in Orange County has cheaper retirement-friendly listings than the rest of the county, drawing beach lovers and nature enthusiasts to spots like Newport Beach and Dana Point.
8. Sun City, California
