Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes.
The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of amenities. “Moneypenny compared the 50 most populated European Union cities to come up with the ranking. Factors taken into account include retirement age, average rent cost, amount of free space, healthcare access, number of fitness clubs, number of cafes and number of golf courses,” Forbes writes. “Sofia, Bulgaria, ranks in first place as the best city to retire in Europe. The average retirement age in Sofia is lower than the other cities included in the ranking, with men typically retiring at 64, and women at 62. The city is a particularly great option for retirees looking to make their savings stretch further, with the minimum retirement savings needed to live comfortably being EUR 148,590 with other cities in the ranking requiring double the amount if not more.”
Second comes Budapest, followed by Zagreb, Bucharest and Rome.
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