Phoenix among Forbes Magazine's 25 best cities to retire

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By Catherine Holland By Catherine Holland
Skyscrapers in a city, Phoenix, Maricopa County, Arizona, USA By Panoramic Images Skyscrapers in a city, Phoenix, Maricopa County, Arizona, USA By Panoramic Images

PHOENIX -- Phoenix is known for sweltering summer heat and breathtaking mountain views. Now, thanks to Forbes Magazine, the Valley is also one the best cities in the nation to retire.

Phoenix made Forbes' 2012 list of the top 25 best cities to retire.

Personal health and a lot of ways to stay active and maintain a healthy lifestyle are two of the reasons southern and southwestern cities dominated Forbes’ list.

According to AARP.org, many retirees are partial to warmer states like Florida, New Mexico, Texas and Arizona. 

“There is a bias to warm weather,” Janet Novack, Forbes Washington bureau chief and executive editor, told Reuters. “Nevertheless, we do have some cold places because they excel, and either the economy is good or the crime rate is low. We also look at the availability of doctors.”

The magazine looked at data for hundreds of cities in all 50 states, plus the District of Columbia, taking into account everything from financial factors, like cost of living and tax breaks, to  lifestyle evaluations by Bicycling Magazine and VolunteeringInAmerica.org.

Because more retirees are working, at least initially, the magazine’s researchers also looked at both unemployment rates and rankings of job and economic growth compiled by the Milken Institute.

Other cities that made Forbes’ top 25:  Albuquerque, N.M.,  Alexandria, La., Asheville, N.C.
Atlanta, and Boise, Idaho.