When it comes to selecting a highly desirable retirement destination, Lesbian, Gay, Bisexual and Transgender (LGBT) people have a few additional criteria to consider than do most Americans. In addition to considerations such as low cost of living and low taxes, LGBT people tend to value cities with strong LGBT communities, higher levels of acceptance and the presence of non-discrimination laws.
Cities that are most famous for their prominent LGBT communities, such as New York City, San Francisco and Los Angeles, are also very expensive. LGBT baby boomers who want to stretch their retirement dollars farther would do well to consider these cities that offer lower cost of living, cheaper real estate and lighter tax burden, but still have thriving LGBT communities. These cities are excellent retirement choices for non-LGBT people as well, because cities where LGBT people enjoy greater acceptance tend to be more welcoming of all types of diverse people and offer plentiful art and cultural amenities.