This article takes a look at the 5 worst places to retire if you have no savings. If you wish to check out our detailed analysis, you may go to 15 Worst Places to Retire if You Have No Savings.
5. Los Angeles, California
Insider Monkey Score: 30
IM Cost of Living Index: 155.9
Median Home Price: $1,200,000
Average Rent (1-bedroom): $2,383
The allure of its Mediterranean climate, diverse culture, and excellent healthcare may provoke retirees to consider Los Angeles for retirement. However, once they get down to calculate and plan, they may realize that this...
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