PORTLAND, Ore. – Where is the best place to retire in Oregon? Thanks to a recent study by SmartAsset we know that Portland didn’t make the list of the best places to retire in Oregon but, several other communities did across Oregon including Hood River, Roseburg, Klamath Falls, Brookings, Ashland, Astoria, Lake Oswego, Bend and Grants Pass.
Best Place to Retire In Oregon
It doesn’t matter if you plan on retiring in Hood River, Roseburg, or what you consider to be the best place to retire in Oregon there are several things that you should look for when considering a city or location to retire including:
- Housing Cost.
- Electricity Cost.
- Cost of Living.
- Things to Do In the Area, Including Freebies.
- Dining Options.
To compile its rankings, SmartAsset looked at effective tax rates — which it pegged at 8.7 percent for the top 10 cities in Oregon — the number of doctors’ offices, recreation centers and retirement centers per 1,000 people and the number of seniors as a percentage of the total population.
SmartAsset ranked each county and city on those factors, then calculated an average ranking for each area.
SmartAsset has sized up Oregon in other areas before as well, including the state’s healthiest housing markets and counties with the lowest closing costs.
When Do You Want To Retire In Oregon?
Although many people don’t plan on retiring until they are in their 60’s or 70’s, the reality is that many Americans start thinking about retirement by age 55 and it’s never too early to start thinking about retirement considering that many experts have said that the average person should aim to have a nest egg of at least $1.5 million for their retirement or at least 12 times their current income so they can retire at the best place to retire in Oregon or elsewhere in the world.