Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Sofia best city in Europe to retire to: Moneypenny survey

Photo: BGNES

Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes.

The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of amenities. “Moneypenny compared the 50 most populated European Union cities to come up with the ranking. Factors taken into account include retirement age, average rent cost, amount of free space, healthcare access, number of fitness clubs, number of cafes and number of golf courses,” Forbes writes. “Sofia, Bulgaria, ranks in first place as the best city to retire in Europe. The average retirement age in Sofia is lower than the other cities included in the ranking, with men typically retiring at 64, and women at 62. The city is a particularly great option for retirees looking to make their savings stretch further, with the minimum retirement savings needed to live comfortably being EUR 148,590 with other cities in the ranking requiring double the amount if not more.”

Second comes Budapest, followed by Zagreb, Bucharest and Rome. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian Development Bank

Minister of Innovation proposes that civil servants should be provided with loans by BDB

The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of ​​the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..

published on 9/14/24 2:36 PM

Bulgarian protein bar maker expands operations

Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for Environment and Water has already been notified of the intention, and the company has announced that..

published on 9/14/24 9:35 AM

BNB tightens criteria for granting mortgage loans

As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows significant credit growth in the segment and its acceleration in the second quarter of the year...

published on 9/11/24 6:01 PM