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Other worst/most expensive states to retire in include: New Jersey, Hawaii, New Hampshire, Nevada, and Maryland. This article was originally published on Cheapism. Cheapism / DALL-E 3.
For You: 10 States With Low Taxes and 10 Low-Cost-of-Living States Retirees Should Target. Florida. Property tax rate: 0.97%. Cost of living: $40,512.
The post The 10 Best (and 10 Worst) States for Retirees appeared first on Reader's Digest. These are the top ten best and worst states for retirees to help you plan the next stage of your life.
Some cities are better suited for retirement than others.. To determine the best and worst place in each U.S. state to retire, GOBankingRates used the U.S. Census American Community Survey to find ...
That said, retirees do have quite a few job opportunities in the state if they want to work. There are around 3.6 million people in the state, with 590,000 being 65 or older.
50. California. State population of senior citizens, aged 65 and up: 6,158,902 Median household income: $91,905 Average single-family home value: $810,327 Average monthly mortgage payment: $4,745 ...
MoneyRates evaluated the country’s best states for retirees using 10 data sets across four major categories: economic factors, crime and safety, lifestyle, and health care.
“Alabama is one of the most tax-friendly states for retirees,” said Shelley. “The state has no taxes on Social Security benefits, pension income or withdrawals from retirement accounts such ...