This South Jersey Town Was Rated the Best Place in NJ to Live in Retirement
While most people can't (or won't) retire until their 60's or 70's, thinking about retirement should start much sooner rather than later, especially if you're thinking about retirement in 2019!
GoBankingRates.com recently compiled a list of the best spot in every U.S. state to retire on a fixed income.
According to Go Banking Rates, the average Social Security benefit for retired workers in 2017 was $1,369 per month. In case you're counting, that comes out to $16,428 for the year. For couples the amount per year is $32,856.
If you're on a fixed income, which means you rely heavily on a mix Social Security, pension and inheritance with little or no change to the amount you're receiving each month, then the best place for you to retire in the Garden State is Absecon.
Absecon also gets huge props in the article for being the only city in the entire study to see a 0% year-over-year change for home values!
Plus, Absecon is less than 7 miles from the casinos and boardwalk in Atlantic City for nightlife and enjoying some fun in the sun.