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Phoenix ranks as top retiree destination, report says

Retired couple retirement re
Posted at 1:04 PM, May 22, 2019
and last updated 2019-05-22 16:04:48-04

PHOENIX — Three Arizona cities are among the top destinations for U.S. retirees, according to a new report.

Finance website Magnify Money recently published a new study that analyzed inbound and outbound data for individuals age 65 and over who are out of the work force between 2016-2017.

Phoenix topped the list, attracting 19,550 new seniors while losing only 12,421 for a net influx of 7,129 retirees moving into the Valley, according to the study.

The data for the Magnify Money analysis comes from Integrated Public Use Microdata Series.

For more on the study, read the full story from the Phoenix Business Journal.