Financial Study: Fairfax County is the Best Place to Retire

by RestonNow.com October 4, 2018 at 3:45 pm 13 Comments

A new study says that Fairfax County is one of the best places in Virginia to retire.

The rankings were compiled by financial website Smartasset.com, which used factors like healthcare access, the number of retirement-focused recreational centers and overall tax burden, to determine the best places to retire in Virginia.

The website wrote the following description about Fairfax County’s retirement-friendliness:

If you’re looking to retire in the great outdoors, Fairfax County may be the perfect place for you. The region houses many national parks, including Great Falls National Park and Mason Neck National Wildlife Refuge, the nation’s first sanctuary for bald eagles. You can also visit the Smithsonian Air and Space Museum.

You’d also have more than 300 miles of hiking trails to tackle as you stay active. In fact, the Fairfax County Park Authority runs more than 400 parks among more than 20,000 acres. Some feature wildlife preserves and working farms. But nature isn’t Fairfax’s only perk. You also have more than 200 regional shopping centers. And don’t worry too much about your wallet. The region’s mid-range 16.7% tax burden falls well below that of major cities. So it would behoove you to invest in tax-advantaged savings vehicles like a 401(k) or individual retirement account (IRA). And where can you use your hard earned savings? At tons of recreation centers, including an ice-skating rink and Wolf Trap National Park for the Performing Arts. You also have more than 800 playgrounds you can bring the grandkids to. And if you need it, Fairfax has more than 13 medical centers per 1,000 people. Overall, Fairfax County is definitely the place to retire in if you love the outdoors and still want some action in your life

Other areas that made the list include Falls Church (#2), which was described as a welcome sport for outdoor enthusiasts, and Vienna (#7), which was described as a place best-suited for art lovers.

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