Chattanooga Among Nation's Most Affordable Places To Retire

Reported by: James Mahon
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Updated: 10/17/2013 8:11 pm
CHATTANOOGA, TN, (WDEF)-75 dollars a day or 27,000 a year is what US News and World Report say it costs to retire in Chattanooga.

With 55 Retirement centers, the Tennessee Valley is responding to demand for it's older population.

For as little as 50 dollars a day you can live this life of luxury right here in East Ridge and that's why so many people are choosing the Chattanooga area to retire
Carol Fincher of East Ridge Residence worked as a luxury hotel manager and says this is the standard that is expected to keep Chattanooga in the top 10.

"You can retire on personal loan of 43 dollars a day on the low end of our lease and 55 dollars on the top end and that includes basically all your utilities and housekeeping transportation to the doctors"

At Hickory Valley Senior Living they agree that cost is the main factor in why seniors chosen the scenic city.

Mia Preston, Sales Director, "We have a lot of veterans so that plays a big factor into affordability, the VA and all their benefits, i think it's important to provide seniors with a great lifestyle"

89 year old Sylvia Green a holocaust survivor says she thoroughly enjoys her scenic city retirement and hasn't lost her sense of humor.

"Get up very late, its my favorite, whatever like, I have exercise now, well i'm supposed to have exercise, i blame  you for it if i'm late"

Mia  Preston says that a good climate and a sense of home from home are also vital.

"Really home and service orientated, we want this to be your home"

Greenville South Carolina, Augusta Georgia and Louisville Kentucky also scored highly.

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