Retirement is something just about every working person looks forward to and plans for. Sometimes retirement plans also include a move to another state for a change of scenery, or maybe even a different climate. Other times, the move is a financial one, allowing the retiree to have more financial freedom and a smaller space. The following are five states that are excellent options for retirees to consider for their future residence.
Arizona
Arizona is a wonderful option for retirees looking for a warm, dry climate, which is often a good for people with certain health conditions that are exacerbated by cold weather. The state not only offers a low tax rate, but also offers retirees a vast array of outdoor activities they might enjoy. Whether it is hiking, sightseeing, golf, or watching professional sports, Arizona has all of these and more. Housing is reasonable in relation to the rest of the country, and many retirees live here as “snowbirds” several winter months out of the year, while maintaining a permanent residence in their home state.
Colorado
Believe it or not, Colorado has some of the best weather in the country. While it does snow in certain areas, there are also over 300 days of sunshine every year. Not only is this good for the mind, but is also good for the spirit. According to Gallup polls, residents of Colorado have a very high overall satisfaction rating. For those who enjoy winter sports, this state ranks as a prime winter sport location with skiing, snowshoeing, and hiking trails abounding all over the beautiful Rocky Mountains.
Nevada
The state of Nevada offers one of the lowest tax rates in the country, and also boasts no state income tax. This makes retiring here a good option, even if the retiree never works again. Las Vegas is the entertainment capital of the world, so retirees will never be at a loss for something to do. World-class dining, entertaining shows, and bustling casinos abound in this 24-hour city. Additionally, the weather is a dry, warm climate that agrees with most people.
Montana
Not everyone who retires is looking to move somewhere warm, which is why Montana has one of the highest percentages of people over the age of 65. It is also in the top three states offering the lowest tax rates. Living in Montana can be very reasonable, and it is still very possible to find a piece of land where you can live miles from your closest neighbor.
Florida
The east coast has its own retirement gem in the state of Florida. For retirees looking for beautiful temperatures year round, Florida is a fantastic option. Along with amazing weather, Florida is also a very affordable place to live. Real estate is always booming with everything from small condos to Adobe Homes in Florida for sale. It has the highest percentage of people over 65 in the country, so finding friends, activities, and medical care directed toward those of retirement age is not a difficult undertaking.
There are many viable options for those retirees looking for a change of scenery in the years following retirement. Regardless of whether you are looking for warm, dry climates such as those in Arizona or Nevada, a piece of solitude in Colorado or Montana, or the year-round sunshine available in Florida, options abound for everyone!