Utah city has lowest retiring population percentage nationwide

A recent study found that a city in Utah has the lowest percentage of people aged 55 to 64, indicating fewer imminent retirees. This contrasts with Southern Utah, which is popular for retirement. The study analyzed data from 324 U.S. cities to assess the potential impact of retiring populations on local economies. It focused on spending shifts and job openings for younger generations. Top cities with the highest rates of people nearing retirement include Pembroke Pines, Florida, and Cape Coral, Florida. The findings highlight significant differences in retirement trends across various locations.