Retirement requires a lot of planning and consideration. In addition to finances, you need to think about when and where you’ll retire. Forbes Magazine has come up with the top cities to retire in for each state. They have also named a runner-up place in every state.

In creating the list, Forbes considered relatively affordable places (as measured by median home price and cost of living) with high quality of retirement living and populations of 10,000 or more. They also factored in doctor availability, the serious crimes rate, ranking on the Milken Institute list of best cities for successful aging, air quality and walkability and bikeability.

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Where does Forbes think you should watch the sun set in Michigan? They have listed Grand Rapids as the best place for the fall of your life. With a population of 196,00 and the medium home price of $152,000, Forbes says Grand Rapids

"is home to five of the world’s leading office furniture companies and is nicknamed the Furniture City. The city hosts a number of festivals, many of which take place at its Vandenberg Plaza, including the Celebration on the Grand and Festival of the Arts. Grand Rapids is home to myriad theatres and stages, including the Civic Theatre, DeVos Hall, and the historic Wealthy Theatre."

The list of best places to retire in each state also provides a runner-up city. If Grand Rapids doesn't fit your retirement bill, perhaps consider their second choice...It's Traverse City. They describe TC as...

"Arts center on bay off Lake Michigan, 250 miles northwest of Detroit. Cost of living at national average. PROS: Doctors per capita above national average. Highly walkable. No state estate/inheritance tax, no state income tax on Social Security earnings, state income tax break on pension income. CONS: Cold winters."

Homes are more expensive in Traverse City then in Grand Rapids. The average medium home cost up north is $248,000. The houses might be more expensive, however, you'll have less people to fight offers over as the population is significantly less with 15,000.

KEEP READING: Here are the best places to retire in America