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Naperville Best City for Early Retirement: Report

Patch file
Patch file

Naperville residents won't have to travel very far to find the best city for early retirement. 

According to Kiplinger Magazine, Naperville is the best city for those retiring early based on factors such as unemployment rate, household incomes, cost of living and low crime rate. 

Kiplinger used the data aggregator FindTheBest to crunch the numbers and rank the top ten cities for early retirement.

Naperville's close proximity to Chicago as well as its low crime rate bumped the city to the top of the list. The city's vibrant downtown as well as the number of residents ages 45 to 64 were also deciding factors, according to the magazine.

"Back in Naperville, early retirees will feel at home thanks to the highest percentage of residents ages 45 to 64 on this list," according to Kiplinger. "Meet new-found friends in the pedestrian-friendly downtown, which is packed with shops and restaurants as well as a 1.75-mile Riverwalk."

Read more at Kiplinger

James L. Freeland December 14, 2013 at 06:36 PM
Fine recognition for a great City. We earned it, we deserve it. Congrats to all of our positive thinking citizens and governing bodies for helping to move Naperville forward.
Gerard Schilling December 15, 2013 at 07:35 AM
With the ever increasing taxes, utility rates, excise fees, legal extortion cameras, double and triple dipping employees and chronic wasteful spending no one can afford to retire either in this city or the state. For Jim's benefit it's called a non sequitur.
Resurrected December 15, 2013 at 09:55 AM
Gerald did you ever compare the taxes, utility rates and other fees with other surrounding communities! You'll be surprised, so I'll stick with Naperville! What legal extortion cameras? As far as the pension issue , unfortunately it's not illegal!
ginettajacobsen December 15, 2013 at 12:30 PM
Early retirement, came 10 years ago, for us due to husbands brain injury. We paid off home with retirement savings. Since then, we've had two, $20k home equity loans, due to property taxes. We save taxpayers by having home health care, rather than nursing home. That involves Medicaid-just for husband. Naperville has been very good to us,but I just can't take it any more. You try living on SSDI, with 5 months of income, going to taxes! I am 55 years old!
Gerard Schilling December 15, 2013 at 12:51 PM
The state as a whole is in a downward spiral based on what I posted before. If you look at Naperville's budget and books it has ever increasing debt and liabilities which when inflation hits will drive them to tax us to the point of oppression. Our city is no different then many others in the state or for that matter the Federal government. We should all be pulling back on expenditures and paying off debt instead of doing the opposite with reckless abandonment.
bluebird December 17, 2013 at 10:41 AM
I think Ginetta's comment was a good one. Naperville IS a great town, though a bit overbuilt in many areas. But as a retirement spot? Depends upon your income. A coworker of mine retired a few years back and moved out of Naperville. She said she could not afford to live here any longer and bought a farmette out in the country. My landlords left Naperville for northern Wisconsin.
bluebird December 17, 2013 at 10:41 AM
Oh---and don't forget! Jesus is the reason for the season.

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