According SmartAsset, a financial technology company, Stone Mountain, Snellville, Loganville and Buford are some of the best places in the state to retire. SmartAsset ranked the cities with the most recreational and social opportunities for retirees. SmartAsset’s index factors in the number of recreation centers and retirement centers available to seniors as well as the percentage of the city’s population they represent.
Stone Mountain ranked second, Loganville fourth, Snellville finished sixth and Buford rounded out the state rankings at tenth.
The study looked at state and local tax rates, considering two types of taxes - income and sales. The study calculated effective rates based on a typical retiree, earning $35,000 annually (from retirement savings, social security or part-time employment), and spending their disposable income on taxable goods. Next the study determined the number of doctors’ offices, recreation centers and retirement centers per 1,000 residents in each area. Finally, it found the number of seniors in each area as a percentage of the total population.
Information: www.tinyurl.com/RetireGA.
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