What Is It Like to Live in Colorado

November 23, 2021

The Best States for Retirees to Live In

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You've said goodbye to your job. Your kids have moved on. You're ready to find a new place to spend your golden years. So, where do you start? Maybe you want a warm place or maybe you prefer to watch the changing seasons. Regardless of climate, you probably want a place with a low cost of living, low taxes, low crime rates and quality healthcare. According to Bankrate, these are the 10 best states for retirees.

South Dakota

South Dakota may not be the best place if you enjoy warmer weather, but if you don't mind the cold, it's a great place to live, according to the people who already live there. Taxes are low, the cost of living is reasonable and according to a poll conducted by Gallup, it's a state where the people themselves feel like they have a high quality of life.

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Idaho

Idaho has one of the lowest crime rates in the nation along with some of the best healthcare options. People who live in the state report a general sense of wellbeing, and the cost of living is lower than the country's average. Even better, the state doesn't have an estate or inheritance tax.

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Utah

Access to decent health care, nice weather and a low crime rate are some of the reasons Utah makes the list. With an abundance of national and state parks, it's the perfect place for active retirees who enjoy hobbies like biking, kayaking, hiking and bird-watching.

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Florida

Florida is one of those states many people choose for retirement, and you certainly understand why if you've ever spent any time there. The weather is beautiful throughout the year, and you will never have to shovel snow. You have access to miles and miles of lovely beaches, and the state doesn't place a heavy tax burden on seniors.

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New Hampshire

New Hampshire has earned a reputation as one of the lowest-taxed states in the nation, and that attracts many retirees each year. It also has one of the lowest crime rates in the country. And when it comes to healthcare for seniors, the state's medical facilities and doctors are usually within the top five in the United States.

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Montana

Despite the cold winters, Montana has one of the highest populations of retirees in the country. People typically come for the culture and the amazing scenery. They stay for the decent healthcare, mostly reasonable tax burden and to share in other residents' feelings of contentment and wellbeing.

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North Carolina

In North Carolina, healthcare costs are below average along with the general cost of living. Thanks to some the state's concentration of highly-rated universities, like Duke, Wake Forest and the University of North Carolina, access to healthcare is plentiful. The weather is mild throughout most of the year, and you have the mountains on one side of the state and the beach on the other.

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Wyoming `

Without a doubt, Wyoming tops the list of states that are the most tax-friendly for people over the age of 65. As a matter of fact, it's got one of the best economies in the country. It's not the place to go if you enjoy warmer weather throughout the year, but the natural scenery is gorgeous 365 years a day, even when it's covered in a little snow.

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Nebraska

Nebraska is another state with an excellent economy, and when it comes to the other qualities retirees look for, it ranks fairly well. It's cost of living and crime rate are both reasonable compared to most of the rest of the country. It also offers high-quality healthcare options, and residents typically report an overall sense of wellbeing.