What is the best place to retire in Ontario?

Where do most seniors live in Ontario?

Peterborough

If you ask where to retire in Ontario? Most people are going to tell you that Peterborough is the perfect place. Twenty percent of the population in Peterborough are seniors, which means that you will find the highest retirees population compared to other places in this city in the country.

Which Canadian province is best for retirement?

Canada’s best communities to retire by region

Rank City name Province
1 Toronto ON
2 Ottawa ON
3 Burlington ON
4 Oakville ON

Is Ontario a good place to retire?

Canada offers plenty of the best places to retire. Ontario is a particular favourite among Canadian retirees because of the wealth of options available. It’s not that every retiree will find Ontario the best for retirement.

Where is the safest and least expensive place to retire?

Top places around the world to retire on a $2,500-a-month budget or less

  • Mexico. …
  • Colombia. …
  • Portugal. …
  • Ecuador. …
  • Malaysia. …
  • France. …
  • Malta. While this island state in the Mediterranean Sea is small, Malta’s selling point is the weather. …
  • Vietnam. Vietnam is one of the least expensive countries to live in.
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Is Guelph a good place to retire?

Yes. Guelph is a wonderful city to live in. The downtown core is beautiful, with quirky little ships and cafes, and a plethora of restaurants and bars. There are many walking trails, and bike paths, and green spaces and parks everywhere.

How much do you need to retire in Ontario?

As a general rule, you’ll want to aim for at least 70-80% of your pre-retirement income for each year of your retirement. In retirement you may spend less money on savings, housing, tax, and transportation to work, but more on hobbies, utilities, and healthcare.

Where is the most affordable place to retire in Canada?

Contrary to popular belief, Canada offers a number of affordable places for retirees living on a pensioner’s income. Moncton in New Brunswick, Lacombe in Alberta, Stratford in Ontario and Brandon in Manitoba are some of the best places for low-income Canadians to live during their retirement years.

What is the cheapest place to retire in Canada?

The Cheapest Cities to Live in Canada

  • Val-d’Or, Quebec.
  • Sarnia, Ontario. …
  • Prince George, British Columbia. …
  • Brockville, Ontario. …
  • Weyburn, Saskatchewan. …
  • Lévis, Quebec. …
  • Longueuil, Quebec. …
  • Saint-Jean-sur-Richelieu, Quebec. Saint-Jean-sur-Richelieu lies on the banks of the Richelieu River at the northern tip of Lake Champlain. …

Where should I live when I retire in Canada?

Canada’s best places to retire

  • Parksville, BC. “The jewel of Vancouver Island” …
  • Calgary, AB. “Canada’s sunniest city” …
  • West Vancouver, BC. Population: 42,473. …
  • Niagara Falls, ON. Population: 81,300. …
  • Canmore, AB. Population: 14,798 (2020) …
  • St. John’s, NL. …
  • Ottawa, ON. “Heart of the nation’s capital region” …
  • Victoria, BC.
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What is the best place to live in Ontario?

The 10 Best Places to Live in Ontario

  • Barrie. Barrie is a small city that will suit many demographics. …
  • Cobourg. Cobourg is a town in Ontario that sits along the shores of Lake Ontario. …
  • Halton Hills. …
  • Stratford. …
  • Thunder Bay. …
  • Waterloo. …
  • Toronto. …
  • Oakville.

What is the quality of life in Ontario?

A recent report by the Conference Board of Canada has ranked Ontario with a “B” after assessing its economy, education, innovation, environment, health, and society.

Where is the best place to retire in southern Ontario?

Best places to retire: SW Ontario

  • Waterloo, Ont. The number of international awards Waterloo has won is impressive enough. …
  • Stratford, Ont. …
  • London, Ont. …
  • Collingwood. …
  • Sarnia, Ontario (and area) …
  • Tillsonburg, Ontario. …
  • Brantford, Ontario. …
  • Niagara Falls, Ontario.