If you plan on spending your golden years in one of these cities, get used to spending a lot of green!

According to personal finance site GoBankingRates.com, these are the 5 most expensive cities to retire in America.

MarketWatch says retirees can expect to spend over $100,000 a year in four cities; San Francisco and nearby San Jose, New York and Seattle.

Honolulu isn’t much of a bargain either, falling just below $100 grand a year.

The ranking was based on cost of living data.

On the flip side, the living is easy, and the homes are cheap in two cities in Ohio; Cleveland and Toledo.

MarketWatch says they are two of the most affordable cities to retire in America.

Financial experts say housing and transportation costs take a big chunk out of retirement savings for those 65 and up.

Pay off your mortgage before retiring.

Take advantage of public transportation if it’s nearby or see if you and your partner can swing a single car instead.

That way, you can ride off into the sunset while saving money!

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Associated Press 11 May 2020 11:44 CEST

AP Top Stories May 11 A