In our search to identify the best and worst states for retirement, we analyzed 13 metrics across three categories specific to retirees: cost of living, quality of life, and Retirement Living (RL) score. For each metric, we relied on government data sources, including the U.S. Census Bureau...
They are what they do. What happens, then, when a person can no longer work? Most Americans stop working at the age of sixty-five or seventy and retire. Because work is such an important part of life in this culture, retirement can be very difficult. Retirees often feel that they are...
Identifying the state with the best weather for retirees is complicated, if not impossible. Many people prioritize mild winters, but others prefer dryness over heat. Others want to be close to the beach, and still others are fine with cold winters as long as summers aren't too oppressi...
That means the Old Dominion State would be a good place to live for retirees on a tight budget: It taxes residents at a lower rate, and its cost of living is below average. Virginia also has a relatively low crime rate, and it receives better-than-average scores when it comes to healt...
There’s no one perfect formula for picking the best states for retirement, so we’ve pulled together a list of the five best states for retirees taking into account a number of qualities. You’ll notice that none of the country’s standard retirement locations are on our list as we ...
Low living costs are the big advantage for retirees in the Hawkeye State. Health care costs are especially affordable, at 5.6% below the U.S. average, based on what a 65-year-old retired couple can expect to pay for the rest of their lives. That should help the below-average household...
"A move to a more affordable location could be an effective way for soon-to-be retirees to stretch their retirement savings in this economy." Alex Gailey, Bankrate analyst, told FOX Business that you should start saving for retirement or at least catch up.(iStock / iStock) ...
for it. I don't want to go to any state with excessive bugs or . Winters can be challenging, but if you are an active senior then this is a great place to retire. The weather is great, with an average temperature of 70 degrees. Oregon has no sales tax but makes up for that ...
Charted: Best States for Retirement vs. Where Retirees Actually Move Visualizing the Cost of the American Dream in 2024 U.S. Dollar Performance Against Major Currencies in 2024 Mapped: Cities With the Most Centi-Millionaires Mapped: All U.S. States Paying More Than the Federal Minimum Wage ...
South Dakota is another state that doesn't collect income tax. Retirees don't need to pay a state tax on Social Security benefits, pension payments, retirement account withdrawals or income earned from a part-time job. There are property and sales taxes to consider, but they may be low com...