Credit: The Bolton News
Bolton Among Top 10 Most Affordable Places to Retire in the UK
Cardwells Estate Agents celebrates Bolton’s recognition as one of the top 10 most affordable places to retire in the United Kingdom. Retiring signifies both an exciting and daunting transition, marking the conclusion of one’s professional journey and the commencement of leisurely pursuits. In the UK, individuals aged 66 or over are eligible to claim the current state pension allowance of £203.85 per week, with gradual increases expected for younger generations. Against this backdrop, loan firm Sambla conducted a comprehensive analysis comparing the cost of living across the UK’s top 100 most populated towns and cities, accounting for retirement age and life expectancy. The findings position Bolton as the ninth most financially feasible destination for retirees, with an emphasis on its affordability and potential retirement fund value.
Retirement Affordability Analysis
Andrew Cardwell, Managing Director of Cardwells Estate Agents, applauds Bolton’s commendable ranking in the affordability index for retirees, underscoring the town’s diverse array of properties and amenities conducive to a fulfilling retirement lifestyle. Bolton’s attractiveness as a retirement destination stems not only from its affordability but also from its rich tapestry of offerings, unaccounted for in traditional assessments. Cardwell highlights the abundance of free community resources and natural landscapes, such as the scenic West Pennine Moors and picturesque reservoirs, available for retirees to explore and enjoy. Additionally, Bolton boasts excellent transport infrastructure, including accessible road and rail networks, with opportunities for complimentary public transportation for retirees. The town’s vibrant social scene, encompassing sports clubs, shopping precincts, and culinary delights, further enhances its appeal as a retirement haven. Cardwell suggests that when considering the holistic value proposition, which encompasses both community amenities and natural beauty, Bolton’s allure for retirees surpasses conventional assessments, promising an enriching retirement experience for those who choose to call it home.
