Home to the Jurassic Coast and the birth place of Thomas Hardy, Dorset has been named as the best place to retire due to its all-round appeal for pensioners, according to a Prudential survey.
The insurer’s research looked at seven quality of retirement factors including pension income, crime levels, weather, best access to healthcare and the number of pensioners already living in the county.
The second highest-ranked retirement hotspot is jointly held by West Sussex and Herefordshire
The second highest-ranked retirement hotspot is jointly held by West Sussex and Herefordshire. Pensioners in West Sussex enjoy the third highest retirement income in the country while Herefordshire's older population live disability-free in retirement the longest (13 years).
The traditional home of the cream tea and more recently the Met Office, Devon is ranked in the national top 20 for all but one of Prudential’s quality of retirement indicators. The county has the third lowest crime rate in England and Wales.
Sharing joint fifth place is East Sussex which is the only county to rank in the national top 30 in all seven of Prudential’s indicator - and the Isle of Wight with its highest number of sunshine hours.
In terms of the individual indicators, Surrey’s pensioners receive the highest average annual retirement income at £21,200. Meanwhile those living in Dyfed or Powys enjoy the lowest crime rates and Rutland has the highest number of healthcare workers per head of population.
Vince Smith-Hughes at Prudential, said: "Our analysis shows that every part of the country has something different to offer when the time comes to give up work, but of course for many it simply isn't possible to up sticks and move somewhere new when they retire.
"Irrespective of where you live, if you are looking to secure a comfortable life in retirement it is vital to plan ahead. Changes to pension rules over recent years have made retirement saving more attractive for many people, so now more than ever, simply saving as much as possible as early as possible in your working life is the best way for most people to build up their retirement income."
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