Thursday, September 25, 2014

Announcing the Best Places to Retire to In the US



It is difficult to know if you should move or not when it comes time to retire.  Time and thought need to be put into pinpointing the best places to retire to.  If this is the first time you are thinking about retirement there are a lot of factors that you need to consider.  You need to consider weather, social climate, cost of living and health care.  Not to forget financial considerations.

When thinking about the best places to retire to you need to think about how retirement is going to affect you financially.  You don’t want to be put in the spot where you have to choose between doing something you love or buying something you love and running out of money.

If you look around you will find plenty of periodicals that claim they know the best places to retire.  They might show you pictures of small towns when the weather is at its best.

These pictures of perfect weather and quaint little towns are all well and good.  However, if you are like most people who are looking to retire you would feel that the best places to retire to would be the places that will be easy on the pockets.

Often times people think that the best places to retire to are outside of the U.S.  In fact, there are plenty of places outside of the US that are very cost effective.  The problem is that most people don’t want to move out of the country.  They feel it would be too far from family.  Also the cost of moving overseas can stretch way beyond the budget of most retirees.  No need to worry.  There are places to retire that are cost effective right her in the United States.

Florida is the premiere of retirement states.  It is by far not just among the best places to retire to but is the best place to retire to.  Its reputation is well earned.  The housing costs in Florida are not too expensive and the tax rates are low.  To add to its retirement cocktail, Florida does not collect state income tax.  In Florida, you are also not paying taxes on the money that you withdraw from retirement accounts.

The weather in Florida is also inviting.  There is plenty of sunshine and warm weather.

When considering the best places to retire to, Tennessee is the second most desired retirement state.  It is very retiree friendly.  Just like Florida it does not charge income or social security taxes.  The average house in Tennessee cost in the mid-$200,000.  Unlike most of Florida you get your basic four seasons in Tennessee.  The scenery in Tennessee is beautiful.  There are mountains, lakefronts, rivers and even a little city life.

When considering the best places to retire to, Wyoming is third on the list of retiree friendly states.  It also does not have income or social security taxes.  To add to its ability to be pocket friendly, the state sales tax is only 4%.  Wyoming is the “least-populated state in the U.S.”  You can really stretch out and enjoy the quiet and relaxing atmosphere of Wyoming.

The three retiree friendly states that are mentioned in this article are exceptional choices to retire to.  They are friendly to the pocket and offer other attributes that are appreciated during retirement.  Don’t just take my word for it.  Go online and do a little research for yourself.  You will find that Florida, Tennessee and Wyoming are the most retirement friendly states in the U.S.


(This article was written via ‘The Top Three Placesto Retire in the U.S.’ by Dr. David Elfrig)

If you learned anything new from this post then please leave a comment.


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