In which places can you NOT stress so much in your later years? These.
One day, it comes for everyone. If you’re already retired, good for you. If you’re almost there, you can do it! And if you’re a millennial or a Gen Z - you’re never going to be able to retire. Sorry bout that!
For those of you who actually can retire one day, this amazingly informative video will give you a sneak peek into what life might be like when you can finally stop having to go to work.
And, most importantly, we’re going to give you some perspective on WHERE life will be like if you follow our advice.
So what determines a best place to retire? According to polls, people want to live next to family and friends when they retire. Well, we can’t measure that. But affordable cost of living we can, along with what places have good hospitals, good weather and a low crime rate.
So, grab your Tom Clancy novel, and/or your golf clubs, and get the motor home fired up, as we look at the best American States in which to retire.
10. South Carolina. Why, you ask, is South Carolina such an amazing place to retire, potentially?
If the mild weather and southern charm of the Palmetto State aren't enough of a retirement draw, the affordability sure should be. On top of below-average living costs, the tax situation goes easy on a fixed income in South Carolina, where you have low property taxes, and they don't tax inheritances or Social Security benefits.
9. New Hampshire. New Hampshire won’t break the bank at ALL - this is one of the cheapest places you can live, and this is where you get the 8th best tax friendly breaks as a retiree on a fixed income. And, grandma and grandpa, you won’t have to worry so much about getting getting your pills stolen, since crime is the lowest in the nation here.
And, another plus: New Hampshire ranks fifth in the U.S. for senior health.
8. Utah.
Now, you retire in Utah and you’re gonna be one of the oldest people in town, because Utah is the youngest state by far of any other state we’re gonna talk about. Now, Utah does tax social security bennies here, which kinda sucks, but it’s a safe, relatively drama free, sunny and warmish place with relatively low crime and ton of outdoor activities.
7. South Dakota ranks better than most states on every thing we measured except the weather. Affordability is the main factor pushing it to the top spot. In addition to low living expenses, including health care, South Dakota is one the 10 Best States for Taxes on Retirees. And the state is run well, fiscally, too.
6. Nebraska.
Why should we unpack in Nebraska? Sure, the state has an average annual temperature of 49 degrees. You can get a big coat. Cause, outside of the weather, it ranked in the top 20 in every category. If you’re boring enough to be retired, then you’re boring enough to get excited at these fun words: affordability, safety, wellness. Those three words describe Nebraska.
5. Georgia
Warm weather and low living costs make Georgia just peachy for a happy retirement destination. Health care expenses are particularly affordable for retirees, with the sixth lowest average costs for a retired couple in the country. Plus, Georgia's favorable tax situation makes it one of the 10 Best States for Taxes on Retirees.
4. Hawaii.
Of course, Hawaii’s a great place to retire. If you can afford it. Cause this state has a lot to do to keep a 65 and a half year old if you’re lucky entertained for the rest of his or her short or maybe not so short lifetime.
But the cost of living is just a joke. Hawaii is by far the most expensive state to live in, with an 87% above the US average cost of living.
3. Alabama
Retirees are sure to love the Heart of Dixie. You can get many of Florida's retirement attractions like warm weather, nice beaches and plenty of golf—but all at a lower price. The low living costs extend to health care, for which retirees can expect to spend 5% less than the average retired American couple. Taxes are easy on the budget, too, with income tax rates ranging from just 2% to 5%, and Social Security benefits being exempt.
2. Florida
But the main attraction for retirees to the Sunshine State must surely be the tax situation. Florida has no state income tax, estate tax or inheritance tax, and it doesn't tax Social Security or other retirement income, either.
1. Idaho
Idaho’s affordability makes it easy to stretch your retirement savings. Social Security benefits aren’t taxed, and Idaho is one of the states that doesn't have an inheritance or estate tax.
It’s peaceful, clean, quiet and full of friendly people. It’s pretty, and people are the salt of the earth up in these parts.
This channel talks about America, different states, education, travel, geography and what it's like to live in different places in America.
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