5 Best Places to Retire for Those Planning to Follow Dave Ramsey’s 8% Withdrawal Rate

4. Portland, Maine

Insider Monkey Score: 19    

IM Cost of Living Index: 111.5        

Livability Score: 85

This historic seacoast town has always been a retiree favorite thanks to its award-winning restaurants, working waterfront, cultural richness, and quality amenities. The city’s stunning waterfront, with its picturesque lighthouses and historic architecture, provides a scenic backdrop for retirees seeking a relaxed lifestyle. Portland also boasts an active arts scene, top-tier dining with fresh seafood, and plenty of local markets.