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Ridgewood ranked as best place to retire

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Ridgewood ranked as best place to retire

MAY 23, 2014    LAST UPDATED: FRIDAY, MAY 23, 2014, 12:31 AM
BY LAURA HERZOG
STAFF WRITER

s Ridgewood the best place to retire in New Jersey? That’s what a blog for real estate agents is suggesting, having recently named Ridgewood the best municipality in New Jersey to retire in.

Though the announcement was meant to tout the benefits of living in the village, the list has been the subject of some immediate criticism for one of its preferred measures: a high cost of living, “higher being better, since you’ve saved for it.”

“Get your head out of the rarified air! Ridgewood is a great place to retire – if your idea of ‘affordable’ starts with a base of $15,000 worth of real estate taxes,” noted one commenter underneath the ranking on the Movoto Real Estate blog, which was posted last month.

But Chad Stiffley, a public relations associate for Movoto, noted that the ranking is composed of “simply the best places to enjoy your retirement years, whether that means moving or remaining there after you retire.” Places with a higher cost of living, he added, got better rankings, “because they generally are viewed by people as nicer places compared to those that have a low cost of living.”

“It should be great news for the Ridgewood community,” he said.

– See more at: https://www.northjersey.com/news/business/is-village-best-place-to-retire-1.1022342#sthash.9eu0HoY1.dpuf