logo
This City Was Just Named the Best Place to Retire With Great Weather On $2,000 a Month

This City Was Just Named the Best Place to Retire With Great Weather On $2,000 a Month

Yahoo2 days ago
From Florida to the Carolinas, these top-ranked destinations offer great weather and low costs for retirees seeking quality of life.
Key Takeaway
A new GOBankingRates report ranks cities where retirees can live well for less than $2,000 per month—without sacrificing sunshine. Fort Myers, Florida, and Raleigh, North Carolina, ranked in the list. Keep reading to see which destination was the named the best for good weather and low cost of living.
While factors like cost of living and access to healthcare are crucial for many retirees planning to relocate, another important consideration is weather.
Recently, GOBankingRates determined the top 25 communities with good weather, where retirees can live on a budget of $2,000 a month or less. The personal finance website analyzed U.S. cities for factors like population, age demographics, weather, and cost of living. All the data was collected as of July 14, 2025, and sorted to show the city with the highest overall livability score.
Coming out on top is Tallahassee, Florida, which scored 85 out of 100. The Florida state capital has a healthy mix of recreational activities and affordability, with a cost of living that is almost 10 percent lower than the national average for a person over 65.
Eleven percent of Tallahassee's population is of retirement age. The monthly cost of living for a homeowner on Social Security is $1,248, while a retiree renting a home can expect to spend $995 in monthly expenses. Tallahassee boasts abundant parks, hiking trails, exciting nightlife, and a lively arts scene.
The city has a tropical climate with summer highs in the low 90s, while in the winter, average highs are in the mid-60s. According to ClimateCheck.com, the city has high heat and precipitation risk.
Florida also snagged the No. 2 spot on GOBankingRates' ranking, with Fort Myers coming up behind Tallahassee. It also scored 85 points for livability, and has an even larger retiree population at 22.2 percent. However, the cost of living in Fort Myers is 4.2 percent higher than the national average. The Sunshine State offers many tax breaks for residents—most notably, no income and inheritance taxes—allowing retirees to maximize their income, while enjoying plenty of outdoor activities like golfing, fishing, and lying on the beach.
The top five is rounded out by Raleigh, North Carolina, at No. 3 (livability score: 84); Pensacola, Florida, at No.4 (livability score: 83); and Greenville, South Carolina, at No.5 (livability score: 82). The only city in the West to make it to the top 10 was Las Vegas at No. 7.
You can see the complete list on gobankingrates.com.
Read the original article on Travel & Leisure
Solve the daily Crossword
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

I Asked ChatGPT and a Financial Advisor How To Become a Millionaire: Here's How Their Advice Compared
I Asked ChatGPT and a Financial Advisor How To Become a Millionaire: Here's How Their Advice Compared

Yahoo

time9 minutes ago

  • Yahoo

I Asked ChatGPT and a Financial Advisor How To Become a Millionaire: Here's How Their Advice Compared

For all of the transformative capabilities of artificial intelligence (AI), AI chatbots are still in their infancy stage. While applications like ChatGPT provide generic information that can be used to jump-start research or clarify terms, trusting it with a serious matter like a person's finances would certainly be foolish. Or would it? To test ChatGPT's accuracy on a unique and universally desired financial end goal for many Americans, GOBankingRates asked it how to become a millionaire and received an answer detailing things like how much you would need to invest and at what return, paths to use (consistent investing, growing a business, building high-income skills), and the importance of living below your means and avoiding wealth killers. Read Next: Find Out: GOBankingRates then sought a professional to speak on the subject, asking veteran wealth advisor Jake Falcon, CRPC, where the application succeeded and where it failed. Here's what the founder and CEO of Falcon Wealth Advisors had to say about ChatGPT's answer on how to become a millionaire. Where ChatGPT Succeeds What Falcon liked about ChatGPT's advice was its emphasis on practicalities. The nuts and bolts of sound planning and wealth building aren't a mystery, but they need to be adhered to if you're going to make any progress toward your financial objective. 'ChatGPT's response to 'How to Become a Millionaire' is surprisingly solid for a general audience — it's structured, motivational, and covers the basics well,' Falcon said. 'That said, there are a few areas where it shines and others where it falls short from my perspective.' Here are three examples where ChatGPT provided solid basic guidance, according to Falcon. Learn More: Emphasizing Consistency and Time 'The breakdown of how monthly investments compound over time is a great way to demystify wealth-building,' Falcon said. 'It reinforces the idea that becoming a millionaire is more about discipline than luck.' Highlighting Multiple Wealth Paths 'ChatGPT does a good job outlining the common routes — investing, entrepreneurship, real estate, and high-income skills,' Falcon explained. 'This gives readers a menu of options to explore based on their strengths.' Promoting Financial Hygiene 'Advice like 'live below your means,' 'avoid lifestyle inflation,' and 'track every dollar' is timeless. These are foundational habits I encourage with many clients,' he said. Where ChatGPT Falls Short Financial advisors know that investing is a highly personal activity, so ChatGPT's 'underplaying of behavioral finance' doesn't sit well with Falcon. 'Becoming a millionaire isn't just about math — it's about mindset. ChatGPT doesn't address emotional biases, fear of loss, or the discipline needed to stay invested during downturns. That's where human advisors add real value,' he said. ChatGPT falters in the details, those which financial advisors give such high priority for their clients. Here are three instances where ChatGPT fell flat for Falcon. Oversimplified Math 'While the investment projections are directionally correct, they lack nuance,' Falcon said. 'For example, assuming a flat 7% return ignores market volatility, inflation, and sequence-of-returns risk. Real-world planning requires stress testing — something ChatGPT can't do reliably.' No Personalization Similar strategies can't be used for every investor. 'The advice is generic,' Falcon stated. 'A 25-year-old software engineer and a 55-year-old teacher need very different strategies. As a wealth advisor, I tailor plans based on income, risk tolerance, tax situation, and life goals.' Missing Tax Strategy and Asset Location 'There's no mention of Roth vs. traditional accounts, capital gains, or tax-efficient withdrawals,' Falcon said. 'These are critical to maximizing wealth and often overlooked in DIY plans.' A Financial Advisor's Take A million dollars doesn't go quite as far as it used to, but hitting that wealth threshold is still the ultimate goal for many Americans. Unless you're a master tactician when it comes to creating comprehensive financial plans that cover the essentials — retirement, insurance, taxes, estate planning and major life transitions — you should see a human advisor before consulting ChatGPT for specific strategies on any important financial matter, including how to become a millionaire. 'ChatGPT is a great starting point for financial literacy. It can help people get motivated and understand the basics,' Falcon admitted. 'But when it comes to execution — especially for high earners or those nearing retirement — there's no substitute for personalized advice. 'You can Google 'How to change your car's oil,' but asking the internet on how to build the car probably isn't going to work. The same applies to wealth-building.' More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money 5 Strategies High-Net-Worth Families Use To Build Generational Wealth 7 Tax Loopholes the Rich Use To Pay Less and Build More Wealth This article originally appeared on I Asked ChatGPT and a Financial Advisor How To Become a Millionaire: Here's How Their Advice Compared Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Double the Disruption: The 3 Best Stocks to Buy Now to Profit From Both AI and Quantum Computing
Double the Disruption: The 3 Best Stocks to Buy Now to Profit From Both AI and Quantum Computing

Yahoo

time17 minutes ago

  • Yahoo

Double the Disruption: The 3 Best Stocks to Buy Now to Profit From Both AI and Quantum Computing

Key Points Alphabet has multiple ways to profit from AI and has achieved two key quantum computing milestones. Microsoft has integrated AI throughout its software and might have developed the "transistor for the quantum age." Nvidia is a critical player in AI and is positioning itself to be a big winner in quantum computing. 10 stocks we like better than Nvidia › Disruption isn't a dirty word for investors. Sure, some companies can fade away as their businesses are rendered obsolete by new technologies. However, others flourish and make smart investors a lot of money over time. I believe we're currently in the early stages of two massive disruptions. Artificial intelligence (AI) holds the potential to transform our world in too many ways to count. Quantum computing could accelerate AI advances while also revolutionizing finance, healthcare, logistics, and more. Although these are distinct disruptive technologies, you don't have to invest in them separately. Here are my picks for the three best stocks to buy now to profit from both AI and quantum computing. 1. Alphabet Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has been a pioneer in AI for years. The company developed the "T" (transformers) in ChatGPT. Its 2014 acquisition of DeepMind was, in retrospect, a pivotal move. Today, Google Gemini Pro ranks among the world's most powerful large language models (LLMs). Alphabet has multiple ways to profit from AI. Google Cloud is the fastest-growing major cloud services provider thanks to a massive AI tailwind. Google Search and YouTube use AI to boost ad revenue. Waymo is a leader in autonomous ride-hailing (robotaxis). But the company is also a major player in quantum computing. Google Quantum AI (note that both disruptive technologies are in the unit's name) has already notched two key quantum computing milestones. Its Sycamore chip achieved quantum supremacy (solving a problem in relatively short order that would take the most powerful classical computer an exceptionally long time) in 2019. The unit made a giant leap in quantum error correction (reducing errors by increasing the cubits) in 2023. I think it's a good bet that Alphabet will be one of the biggest winners in both AI and quantum computing over the long run. But this stock isn't a highly risky bet, in my view. The company is on track to generate close to $400 billion in revenue and more than $100 billion in profits this year. 2. Microsoft Microsoft (NASDAQ: MSFT) arguably struck one of the best deals in business history by partnering with ChatGPT creator OpenAI back in 2022. The longtime technology giant has integrated OpenAI's AI models throughout its software suite. Like Alphabet, Microsoft is poised to benefit as organizations build and deploy AI applications in the cloud. Its Azure is the second-largest cloud services platform, behind only Amazon Web Services (AWS). Also like Alphabet, Microsoft is investing heavily in quantum computing. Earlier this year, the company introduced its Majorana 1 quantum chip, which uses a new type of material called a topoconductor. Microsoft thinks that topoconductors will pave the way for highly scalable, powerful quantum computers. Microsoft technical fellow Chetan Nayak believes that topoconductors might be the "transistor for the quantum age." If he's right, the company that dominated the PC software market could also dominate the quantum computing market. 3. Nvidia Which company is the most essential player in AI today? There's a strong argument that it's Nvidia (NASDAQ: NVDA). The company's graphics processing units (GPUs) remain in a league of their own in powering AI systems. Nvidia's customers include Alphabet and Microsoft, both of which use its GPUs extensively in their cloud platforms. And while rivals are trying desperately to knock Nvidia off its perch, the company's fast-paced development of new AI chips seems likely to keep it on top for years to come. However, Nvidia isn't developing quantum computers. How is investing in it a smart way to profit from both AI and quantum computing? The company is trying to make it easier for others to advance their quantum computing efforts through its NVIDIA Accelerated Quantum Computing (NVAQC) Research Center. Nvidia is also pairing its GPUs with quantum chips for a hybrid quantum-classical computing approach. Back in the gold rush days, the providers of picks and shovels often made more money than the gold miners themselves. Nvidia is positioning itself to be the pick-and-shovel investment of the quantum computing era. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Keith Speights has positions in Alphabet and Microsoft. The Motley Fool has positions in and recommends Alphabet, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Double the Disruption: The 3 Best Stocks to Buy Now to Profit From Both AI and Quantum Computing was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Forget President Donald Trump's Tariffs! There's a Far More Sinister Worry for Wall Street.
Forget President Donald Trump's Tariffs! There's a Far More Sinister Worry for Wall Street.

Yahoo

time18 minutes ago

  • Yahoo

Forget President Donald Trump's Tariffs! There's a Far More Sinister Worry for Wall Street.

Key Points The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have navigated their way through historical bouts of volatility in 2025. Donald Trump's tariff and trade policy has stoked inflationary fears and increased uncertainty on Wall Street. However, a historically pricey stock market implies corporate earnings quality is of the utmost importance. 10 stocks we like better than S&P 500 Index › It's been quite a memorable year for Wall Street, with the broad-based S&P 500 (SNPINDEX: ^GSPC), growth stock-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC), and ageless Dow Jones Industrial Average (DJINDICES: ^DJI) navigating their way through historical bouts of volatility. For example, during a one-week stretch in April, the S&P 500 endured its fifth-biggest two-day percentage decline in 75 years, as well as logged its largest single-day point gain since its inception. The benchmark index has also delivered one of its strongest three-month returns since 1950. With the S&P 500 and Nasdaq Composite rocketing to fresh all-time highs, and the Dow Jones just a stone's throw away from surpassing its record close set in December, it would appear nothing can slow down this bona fide wealth-creating machine. But things may not be as unbreakable as they seem. While a lot of attention is currently being paid to President Donald Trump's tariff and trade policy and how it could adversely impact Wall Street, a far more sinister worry lies in wait that can act as a significant drag on stocks. President Trump's tariffs bring uncertainty and inflation to the forefront On April 2, following the close of trading, Donald Trump unveiled his long-touted tariff and trade policy. It included a sweeping 10% global tariff, as well as introduced higher "reciprocal tariff rates" on dozens of countries that have historically had adverse trade imbalances with America. The president's primary goals with his tariff and trade policy are to promote domestic manufacturing, keep American goods price-competitive with those being brought in from foreign markets, and to pad the federal government's pocketbooks with tariff revenue. Though tariff revenue is undeniably climbing, so is the level of uncertainty associated with these tariffs. One of the more prominent issues with President Trump's tariff and trade policy is there's been little follow-through or consistency. There have been two separate 90-day pauses on reciprocal tariffs with the world's No. 2 economy by gross domestic product, China, and the president has adjusted the effective date, reciprocal tariff rate, and/or goods subject to tariffs for other countries on a variety of occasions. Wall Street demands predictability, and this administration hasn't been providing it. Investors are also worried about the potential inflationary impact of the president's tariff policies. A report ("Do Import Tariffs Protect U.S. Firms?") issued in December by four New York Federal Reserve economists working for Liberty Street Economics raised a good point about the lack of clarity Trump's tariffs have offered between input and output tariffs. Output tariffs are duties placed on finished products imported into the U.S., while input tariffs are duties applied to goods used to complete a finished product domestically. Ideally, tariffs are being applied to finished products, which can allow domestic manufacturers to be more price-competitive with imported goods. However, some of Trump's tariffs are being directed at goods used to complete the manufacture of products in the U.S. Input tariffs often end up increasing domestic manufacturing costs and can drive the prevailing rate of inflation higher. The other concern, which builds on the report from the four New York Fed economists, is historical precedent. The authors examined the performance of public companies whose stock struggled when Trump's China tariffs were introduced in 2018-2019. On average, companies directly impacted by Trump's China tariffs during his first term in the Oval Office saw their sales, profits, employment, and labor productivity all decline from 2019 through 2021. While there are ample reasons to believe President Trump's tariffs are a genuine concern for stocks, a far bigger threat to upend the bull market exists. Wall Street has a serious earnings quality problem As of the closing bell on Aug. 13, the S&P 500's Shiller P/E Ratio closed at a multiple of almost 39. With the exception of the dot-com bubble and the first week of 2022, this is the third-priciest stock market in history, when back-tested 154 years. Although historical precedent portends trouble for the stock market, valuations have the ability to remain extended if companies are delivering strong earnings growth and offering analyst-topping guidance. While many of the stock market's leading businesses have made a habit out of surpassing consensus profit expectations, a dive beneath the headline figures uncovers just how poor the earnings quality truly is on Wall Street. Ideally, the companies responsible for pushing the broader market higher should be letting their operating performance do the talking. But quite a few prominent businesses have been buoyed by unsustainable and/or non-innovative income sources that partially mask their true operating performance. One of the more prominent examples of a high-flying stock with abysmal earnings quality is Tesla (NASDAQ: TSLA). This member of the "Magnificent Seven" is North America's leading electric vehicle (EV) manufacturer and a business valued at $1.1 trillion, as of this writing. Through the first half of 2025, Tesla generated $2.138 billion in pre-tax income. However, $1.649 billion (77.1%) traced back to automotive regulatory credits given to the company for free by federal governments and net interest income (interest earned on cash less interest paid on debt). President Trump's "Big, Beautiful Bill" will eliminate Tesla's automotive regulatory credits in the U.S. For a company expected to be a market leader, Tesla has been consistently reliant on income sources that have absolutely nothing to do with selling EVs and its energy generation and storage operations. To boot, earnings-per-share (EPS) estimates for future years have been falling with some level of consistency for nearly three years. It's a somewhat similar story for red-hot artificial intelligence (AI) stock Palantir Technologies (NASDAQ: PLTR). Palantir's sought-after AI-driven software-as-a-service Gotham and Foundry platforms are delivering sizzling growth, with full-year sales now projected to climb by 45% in 2025. But one of the interesting quirks about Palantir is that it generates a sizable percentage of its pre-tax income from interest earned on its cash. Though I'm not faulting Palantir for bringing in $106.7 million in interest income through the first six months of 2025, it's worth noting that this represents more than 19% of its pre-tax income. A company that's valued at a completely unjustifiable price-to-sales ratio of 135 should be doing all the talking with its operating performance. Instead, Palantir's trailing-12-month P/E ratio of more than 610 is being partially propped up by non-innovative interest income earned from its cash. Tesla and Palantir aren't unique examples -- they just happen to be some of the most prominent businesses. If earnings quality remains poor or suspect, premium valuations can easily become the stock market's downfall. Should you invest $1,000 in S&P 500 Index right now? Before you buy stock in S&P 500 Index, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and S&P 500 Index wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies and Tesla. The Motley Fool has a disclosure policy. Forget President Donald Trump's Tariffs! There's a Far More Sinister Worry for Wall Street. was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store