"Best U.S. Cities to Retire Without Savings: Only 1 in Florida"

Nearly 30% of Americans have $0 saved for retirement, and if you're approaching retirement age with little to no savings, it may be time to consider living on a smaller budget. Foley, Alabama, Mountain Home and Hot Springs Village in Arkansas, The Villages in Florida, and Bella Vista, Arkansas are the top five U.S. cities to retire with little to no savings, according to a study by GOBankingRates. Considerations for retirees on a tight budget include the cost of living, housing expenses, and personal preferences, and it may be necessary to make tough decisions such as delaying retirement or picking up a part-time job to supplement income.