Top 10 Best Places for Canadians to Retire

They key to a happy and comfortable retirement is to live in a place where there’s access to good and affordable healthcare and where you won’t have to spend your grandkid’s inheritance simply to survive. It’s a bonus if the weather’s decent and you don’t have to worry about crime. Here are some of the best places for Canadians to retire including a couple you may not have thought of.

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10. Medellín, Colombia

Medellín ranked seventh on the 2014 Retire Overseas Index. The tropical climate here is tempered by the city’s height above sea level and Medellín, once the world’s most violent city, is now a much safer place. It’s also regarded as one of the world’s most innovative cities.

Need more ideas? Check out the the 20 cheapest places to travel from Canada in 2018

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9. Cuenca, Ecuador

International Living named Ecuador 2015’s best retirement destination in the world. Real estate is inexpensive, the cost of living is low and there is affordable, quality healthcare available.
Discover the the 10 warmest places to retire in Canada.

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8. Oakville, Ontario

Oakville ranked seventh on MoneySense’s list of best Canadian cities to live in for 2014. The city sees hot and humid summers and cold winters.

If a cheap destination is what you're after, you'll love this place where you can retire for $1000 a month.

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7. Salmon Arm, British Columbia

Salmon Arm has a much milder climate than most cities in Eastern Canada. This lovely little city is at its best in summer, when the weather is perfect for the beach.
Check out the top 20 cheapest cities to live in Canada.

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6. Toronto, Ontario

Toronto often makes the lists of the world’s best cities and offers an excellent quality of life. It’s sunny here 45% of the time and while winters are cold, summers are toasty warm.

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5. Moncton, New Brunswick

It's cold here in the winter but the sun shines throughout the year. Real estate is very affordable, earning Moncton a place on the list of good places to retire.
Looking for something warmer? Try these 10 warmest places to retire in Canada.

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4. Rimouski, Quebec

Rimouski is a small and pleasant city on the banks of the Rimouski River in Bas-Saint-Laurent. Winters here are cold, but summers are warm.

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3. Burlington, Ontario

The 15.4% of Burlington residents who are of retirement age is quite a bit higher than Canada’s average of 13.7%. This lakeside city has a moderate climate with hot and humid summers.

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2. Ottawa

Ottawa has the second highest quality of living in the Americas and is also the world’s third cleanest city. There is a good selection of seniors centres for both English and French speakers and excellent healthcare and support services.

For more, don't miss the Canadian jobs that let you retire early.

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1. Kingston, Ontario

According to personal finance magazine MoneySense, Kingston is one of the best places for Canadian retirees. This attractive city offers an excellent quality of life, and while its climate is quite cool, it’s sunny for about 45% of the time.

Plus, read this to find the top 20 cheapest cities to live in Canada.