Birmingham, Alabama 

Retirees will spend an average of $37,213/year in Birmingham, Alabama. $850K will last for 22.8 years. Birmingham ranked number 7 in the list of best cities in America to retire, thanks to its low cost of living, a revitalized downtown area, but mostly because the city is now the leader in the health care industry.

It has more than a dozen hospitals, but also a premier medical school and research facility in the University of Alabama at Birmingham. Other facilities are manageable traffic, outdoor recreational activities (like the eight-block Railroad park green space in downtown, or the 10,000 acre Oak Mountain State Park), and a large number of golf courses.

Get yourself some of that Southern hospitality, next…..