The best and worst places to retire

Updated
best places to retire
best places to retire



Dorset is the best place to retire in England and Wales according to a new survey from Prudential.

Pensioners here were deemed to have the best quality of life in retirement based on the firm's latest Quality of Retirement Index.

In contrast Kingston upon Hull, Nottingham and the London borough of Barking and Dagenham were the worst places to retire.

Prudential looked at five key factors that it felt indicated a good quality of life for the over 65s. These included home ownership, good health, marital status, the propensity to travel and provision of ongoing unpaid care.

It used Office for National Statistics (ONS) 2011 Census data to determine the best and worst areas in England and Wales. In total 174 local authorities were ranked using a scoring system out of 50.

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The 20 best places to retire

Here are the top 20 places to retire according to Prudential's Quality of Retirement Index.

Rank

Local authority

Score

% retired home owners

% in good health

% provision of unpaid care

% married/ in same sex couple

% pensioners with passports

1

Dorset

46

82%

57%

12%

50%

76%

2

Solihull

44

82%

52%

12%

47%

77%

3

The Vale of Glamorgan

42

82%

49%

12%

47%

77%

3

North Somerset

42

83%

55%

11%

48%

75%

3

Buckinghamshire

42

80%

59%

10%

49%

80%

6

Monmouthshire

41

80%

51%

13%

49%

72%

6

Poole

41

81%

53%

11%

46%

77%

6

South Gloucestershire

41

83%

55%

11%

50%

73%

6

Hampshire

41

81%

57%

10%

49%

78%

6

Wokingham

41

86%

61%

9%

53%

82%

11

Devon

40

81%

55%

11%

48%

71%

11

East Sussex

40

81%

54%

11%

45%

77%

11

West Sussex

40

81%

56%

10%

46%

78%

11

Rutland

40

77%

60%

10%

52%

76%

11

Surrey

40

82%

59%

10%

47%

82%

16

Isle of Wight

39

83%

52%

12%

46%

70%

16

Leicestershire

39

81%

53%

11%

49%

72%

18

Torbay

38

82%

50%

12%

44%

72%

18

Herefordshire, County of

38

78%

54%

11%

49%

68%

18

Cheshire East

38

81%

54%

11%

48%

72%



Source: Prudential

Dorset was found to be the most desirable area to retire, achieving an overall score of 46 out of a possible 50 points.

The coastal county, which is home to over 104,000 penioners, was ranked in the top 10% of all English and Welsh local authority areas for two of Prudential's core quality of life in retirement indicators – property ownership and marriage.

The second best retirement location was Solihull in the West Midlands (44), where a smaller population of around 40,000 over 65s live.

Joint third were Buckinghamshire, North Somerset and the Vale of Glamorgan (42), which respectively have about 84,000, 43,000 and 23,000 residents of retirement age.

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The 20 worst places to retire

Here are the worst 20 places to retire according to Prudential's Quality of Retirement Index.

Rank

Local authority

Score

% retired home owners

% in good health

% provision of unpaid care

% married/ in same sex couple

% pensioners with passports

174

Kingston upon Hull, City of

8

53%

38%

9%

38%

62%

174

Nottingham

8

62%

39%

9%

35%

67%

174

Barking and Dagenham

8

58%

37%

9%

33%

68%

171

Manchester

9

50%

35%

8%

30%

70%

170

Newcastle upon Tyne

11

59%

40%

9%

37%

68%

170

Tower Hamlets

11

27%

32%

8%

31%

80%

168

Newham

12

46%

32%

8%

33%

81%

168

Islington

12

31%

40%

8%

27%

83%

168

Hackney

12

27%

35%

7%

26%

85%

165

Liverpool

13

60%

37%

11%

34%

70%

165

Hartlepool

13

65%

39%

11%

41%

65%

163

Sandwell

14

62%

36%

11%

40%

62%

163

Salford

14

60%

40%

10%

37%

70%

163

Waltham Forest

14

64%

41%

8%

36%

78%

163

Lewisham

14

53%

42%

8%

30%

78%

163

Southwark

14

32%

42%

7%

28%

79%

163

Lambeth

14

41%

42%

7%

27%

85%

157

South Tyneside

15

58%

39%

11%

39%

66%

157

Gateshead

15

61%

39%

11%

41%

66%

157

Leicester

15

64%

40%

9%

39%

72%


Source: Prudential

Kingston upon Hull, Nottingham and Barking and Dagenham were found to be the worst places to retire by Prudential with a dismal score of just 8 out of 50.

These areas scored particularly badly for health, provision of care and home ownership.

Compared to Dorset the population of retirees here was much lower with Kingston upon Hull and Nottingham home to around 36,000 while Barking and Dagenham had just 20,000.

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How the best and worst compare

Overall in the survey of 174 areas, Wokingham had the highest level of property ownership amongst the over 65s (86%) and the best level of health in retirement (61%).

In contrast pensioners living in Tower Hamlets and Hackney in London had the lowest overall percentage of home ownership (27%), while those in Merthyr Tydfil, Newham and Tower Hamlets were found to have the worst health (32%).

Over 65s in the London borough of Kensington and Chelsea were the most geared up to travel as 93% of pensioners had a valid passport compared to 59% in Gwynedd in North Wales.

Over half of retirees (54%) in the Isles of Scilly were married or in a same sex relationship compared to just over a quarter (26%) in Hackney..

Pensioners in Neath Port Talbot had the highest provision of unpaid care (15%).

In contrast the lowest provision of care (7%) was found in nine London boroughs including; Wandsworth, Lambeth, Hammersmith and Fulham, Kensington and Chelsea, Southwark, Westminster, Hackney and Haringey.

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Read more about retirement on AOL Money

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The World's Best Place to Retire
The World's Best Place to Retire


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