Making Your Money Last

7 States That Are Better Than Florida for Retirement

Because we all can't retire to the Sunshine State.

The Sunshine State is a great place to retire, but hurricanes and humidity aren’t for everyone.

In our 2016 analysis of the best states for retirement, we ranked seven higher than Florida. (Ranking factors included taxes, cost of living and health care.)

Coming in seventh is Washington. Spokane is a good choice for nature-loving retirees.

Next up is South Carolina. Hilton Head is popular, but Myrtle Beach is more affordable for retirement.

At number 5, Alabama offers many of the benefits of Florida – warm weather, beaches and golf – all at a lower price. Try Decatur.

Tennessee ranks fourth. Check out Chattanooga for its thriving arts and music scene.

Georgia takes the third spot. If being near a big city is part of your retirement plan, Sandy Springs, a suburb of Atlanta, is a nice option.

In second place is Utah. Active retirees will like St. George and its easy access to popular parks and monuments.

Top of the list: South Dakota. Living costs are low, as are taxes on retirees. Take a look at Sioux Falls and Rapid City.

Read more about the best states for retirement. Also, see our rankings of the 15 worst states for retirees to live in.

Most Popular

11 Good Reasons to Cancel Amazon Prime
Budgeting

11 Good Reasons to Cancel Amazon Prime

You probably aren't using most of the perks tucked into that $119 annual fee -- which you don't need to pay to get the free Amazon shipping you crave.
April 13, 2021
2021 Child Tax Credit Calculator
Tax Breaks

2021 Child Tax Credit Calculator

See how much money you'll get in advance under the new child tax credit rules for 2021.
April 14, 2021
Monthly Payments of the 2021 Child Tax Credit Will Begin in July
Coronavirus and Your Money

Monthly Payments of the 2021 Child Tax Credit Will Begin in July

After doubts about whether it was up to the task, the IRS says it's on schedule to start sending monthly child tax credit payments this summer.
April 13, 2021

Recommended

14 Social Security Tasks You Can Do Online
retirement

14 Social Security Tasks You Can Do Online

Why visit a government office to get your Social Security business done? You can do much of that online.
April 2, 2021
Medicare Basics: 11 Things You Need to Know
Medicare

Medicare Basics: 11 Things You Need to Know

There's Medicare Part A, Part B, Part D, medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare --…
March 17, 2021
Social Security Earnings Tests: 5 Things You Must Know
social security

Social Security Earnings Tests: 5 Things You Must Know

If you’re still working and claim Social Security early, your benefits could be reduced, at least temporarily.
April 14, 2021
What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid
retirement planning

What NOT to Do with Your TSP: 8 Thrift Savings Plan Mistakes to Avoid

Many federal workers saving for retirement in TSPs get tripped up by these common pitfalls. To help maximize your own savings, make sure you steer cle…
April 14, 2021