The best replacement for sx500 is l820.

The best alternatives to sx500 are rated as following:
★★★★★  l820
★★★★★  sx50
★★★★  sx510
★★★  sx40
★★★  sx170
★★★  sx260
★★★  sx280
★★  h300
★★  l810
★★  p520
★★  nikon p510
★★  sx160
★  nikon l820
★  l320
★  p510
★  canon sx50
★  nikon coolpix l820
  nikon p520
  sx240
  nikon l810
  panasonic lz30
  h200
  canon sx40
  canon sx260

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sx500
l820
sx50