Photo courtesy 401(K) 2012
Photo courtesy 401(K) 2012

Choosing the best place to retire is a difficult decision, but Bankrate.com created a list of the best and worst places to retire. CNBC staffer Jordi Lippe-McGraw takes a look at ths list that is based on study which takes cost of living, climate, health care cost and quality, taxes, crime, well-being, walkability and cultural vitality into account.

The best city for retirement according to the list is Arlington, Virginia. However the worst city to choose is Niagara Falls, New York. Here's some of the logic behind the rankings:

"We found that smaller cities and suburbs fared the best," said Bankrate.com analyst Jill Cornfield in a statement. "Most seniors prefer to live in these types of communities because they offer access to big-city amenities without as much hustle, bustle and crime."

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