Lincoln Ranked Second Best U.S. Retirement City
By Eric Jones
As baby boomers hit retirement age, they’ve come to redefine what’s typically expected of the “golden years”. Many of them are not content to sit in a lawn chair and spray a hose over the garden while reading. They’re picking up side jobs merely for the pleasure of getting things done. Catey Hill of “Smart Money” released an article last Monday ranking some of the best places to retire in the United States. Lincoln came in at No. 2, besting even some of the larger tourist cities like Ithica, New York and Santa Maria, California.
Hill cited that the reason for this is that Lincoln boasts one of the lowest unemployment rates in the nation. A mere 3.7% in a nation that’s stuck at an immovable 9%, and that’s drawing a lot of retirees who are not so keen on leaving the workforce. There’s also a direct correlation between low unemployment rates and low crime rates. Since most people with good jobs don’t have any reason to knock over a liquor store, Lincoln remains one of the safest places in the U.S.
Another reason many are retiring to Lincoln is that it remains a safe haven from the dried up housing market. The recent foreclosure crisis has left those heading into their retirement years scrambling for a place to put down some solid post-vocational roots. In the desolate world of foreclosures and toxic assets, Lincoln remains an oasis. The cost of living in Lincoln is 6.7% lower than the national average. Housing prices here have essentially remained flat since the crisis started in 2007, making it a respite from the rest of the country’s woes. That’s just the kind of bastion that retirees are hoping to find.
What Hill doesn’t mention is that Lincoln is one of the most unified cities in the nation as well. Even if retirees are not big football fans, there is a pride that comes from rallying together on Game Day that Lincolnites enjoy more than most other cities. The University of Nebraska football team is one of only six other teams to have won over 800 games, making them one of the best teams ever. They’ve also had a rich cultural history that spans over a hundred years, and have maintained strong ties to the community.
The rich communal ties between Lincoln and football have woven the fabric of loyalty, brotherhood and sisterhood tightly among Lincolnites, and that is an attractive feature in a retirement location. Lincoln is a big city, but it feels small, and carries the advantages of both worlds. Being located in the Great Plains gives it a direct route to some of the greatest scenic beauty in America. There are plains so flat that you can see three different types of weather from one spot. Also, since Lincoln is centrally located, it’s only a six hour drive to just about anywhere you’d want to go.
When looking for place to retire, why lock yourself into one tourist spot when you can pay low housing costs and find a spot that will easily allow you access to places like Chicago, IL, Denver, CO, Minneapolis, MN, Madison, WI, and Omaha, NE? For retirees hoping for affordable travel, all the showiness of the big city with the courtesy of a small town, and luxurious living, you can’t beat Lincoln!
Check out Catey Hill's regular column on retirement at SmartMoney.com, and Lincoln's stellar retirement statistics at USNews.com!

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