cities Archives - DR News - News, Retirement, Finance

Income: Retirement Peaks in These Top US Cities

Los Angeles, California has been identified as one of the cities in the United States with the highest retirement income, according to recent data. Retirees in this bustling city are reportedly enjoying a comfortable lifestyle due to their financial security. Other cities such as Miami, Florida; Honolulu, Hawaii; and New York City, New York also made the list for having substantial retirement incomes. The data revealed that factors such as cost of living, access to …

Housing Frustration Peaks in California Cities Due to State Regulations

California cities are facing frustration due to the state’s housing rules, which are causing challenges in the approval process for housing projects. Many cities are required to make multiple submissions to meet approval requirements, with unclear directives on how to comply with state regulations. The evolving requirements set by the Legislature in recent years have only added to the confusion, making it challenging for cities to navigate the process effectively. With the lack of clarity …

Post-Pandemic Rebound: U.S. Cities Show Modest Growth in 2023 Census Data

New York, New York – After the turbulence of the pandemic, cities in the United States have shown signs of a modest rebound in their populations from 2022 to 2023. Data released by the U.S. Census Bureau on Thursday highlighted the positive trend seen in many large cities across the country. The 2023 population estimates unveiled encouraging developments, such as growth in major cities that had experienced declines during the peak of the coronavirus pandemic. …

Social Security Check: Ranking the 24 Worst Big Cities to Live in Based on Affordability

New York, New York – For many seniors relying solely on Social Security benefits, the decision of where to live becomes crucial. A recent report highlights the 24 worst big cities for those trying to make ends meet on just a social security check, shedding light on the challenges faced by this demographic. The study took into account factors such as the cost of living, healthcare access, and overall quality of life in determining which …

Statewide Outage Hits South Dakota, Prompting 911 Urgency in Multiple Cities

Sioux Falls, South Dakota is currently in the midst of a statewide outage, as reported by law enforcement officials. On Wednesday evening, at least six cities across four different states in the US faced issues with their 911 call systems. The situation has prompted emergency response agencies to take alternative measures in order to assist those in need. In South Dakota, the entire statewide emergency calling system experienced a significant outage, confirmed by Pierre police …

Expensive: Income Needed for Comfortable Living in Top US Cities Revealed by SmartAsset

San Francisco, California – When considering the cost of living in some of the most expensive cities in the United States, it is clear that families must earn substantial incomes to maintain a comfortable lifestyle. SmartAsset recently analyzed data from the MIT Living Wage Calculator to determine the income needed for a 50/30/20 budget, which allocates income towards necessities, savings, and discretionary spending. In cities like San Francisco, California, and San Jose, California, families of …

Retire on $1,500 a Month: Top Cities and International Destinations to Stretch Your Budget

Odessa, Texas – Retiring on $1,500 a month may seem like a daunting challenge for many individuals in today’s economic climate. With rising expenses and limited sources of income, planning for retirement on a tight budget can be a significant concern. According to recent data from the Bureau of Labor Statistics and the Social Security Administration, the average retiree spends more than $4,000 on monthly expenses, while the average social security check falls below $1,800. …

Retirees: 5 Worst Southwest Cities to Avoid for Their Golden Years

Phoenix, Arizona – The decision of where to retire is a significant one, with many factors to consider. Some cities and states may seem appealing at first glance, but they may not be the best choice for retirees looking to stretch their savings and enjoy their golden years. Here are some of the worst cities and states for retirees to consider when planning their post-career lives. According to a recently published report, the Southwest is …

Social Security-only couples find limited living options in Nevada’s cities

Las Vegas, Nevada – Finding an affordable and livable place to settle down as a retired couple surviving on only Social Security benefits can be challenging, especially in Nevada. With limited options in the Silver State, it’s crucial to carefully consider the seven cities with a livability score of at least 70 and a cost of living within reach of the average combined Social Security benefit for a couple, which amounts to $3,811 a month, …