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Lexington rated among Top 5 cities where seniors are most financially secure

LEXINGTON, Ky. — Smart Asset has named Lexington among the Top 5 cities where seniors are most financially secure.

In choosing the cities in its 2021 list of Where Seniors Are Most and Least Financially Secure, Smart Asset considered several factors, including average senior retirement income, percentage of seniors below the poverty line, percentage of seniors on SNAP, percentage of seniors who own their homes, percentage of seniors with private retirement income, percentage of seniors who are housing cost-burdened and housing costs as a percentage of senior retirement income.

The full report, including the methodology and key findings, can be found here: https://smartasset.com/data-studies/where-seniors-are-most-and-least-financially-secure-2021.