Bolton named as one of the top 10 most affordable places to retire

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Bolton: Among Top 10 Most Affordable Retirement Destinations in the UK

Cardwells Estate Agents is pleased to announce Bolton’s inclusion in the top 10 most affordable places to retire in the UK, as revealed by loan firm Sambla’s recent study. Retirement marks a significant life transition, offering newfound freedom and opportunities for leisure. With the current state pension allowance at £203.85 per week for individuals aged 66 and over, retirees seek destinations that offer a comfortable and cost-effective lifestyle. Bolton emerges as a compelling option, ranking ninth in affordability among the top 100 most populated towns and cities in the UK.

Exploring Retirement Affordability and Lifestyle in Bolton

Andrew Cardwell, managing director at Cardwells Estate Agents, underscores Bolton’s appeal as a retirement destination, citing its diverse range of properties and amenities. He commends the town’s resilience in providing excellent affordability amidst challenging economic conditions. Bolton’s monthly cost of living, excluding rent, stands at £634, translating to an annual cost of £7,608 and a retirement fund of £114,120. Cardwell emphasises Bolton’s intrinsic value, highlighting its abundance of free recreational facilities such as the scenic West Pennine Moors and various reservoirs, including Rivington Pike. Moreover, he acknowledges the town’s robust transportation infrastructure and vibrant social scene, underscoring Bolton’s holistic appeal for retirees seeking a fulfilling lifestyle.

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