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

The World Bank lowers Bulgaria's GDP growth forecast by 0.3%

The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..

published on 6/12/24 10:48 AM
Dimitar Glavchev (L) and Jeyhun Bayramov (R)

Bulgaria is interested in joining as a co-shareholder in a green energy corridor from Azerbaijan to Europe

Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..

published on 6/11/24 5:26 PM

Bulgaria assumes new debt of 200 million euros

While ballots were being counted in Bulgaria and Europe after the parliamentary elections, on June 10 the Ministry of Finance sold government debt for nearly EUR 200 million. It was announced that bonds worth 100 million EUR would be..

published on 6/11/24 9:52 AM