Advertisement
retirement

3 States Where You Will Want to Retire Forever

Low living costs, fair taxes and good health care make these places retiree-friendly.

Think hard about which state you plan to live in during retirement. Some are more welcoming than others. We ranked all 50 states on retiree-friendliness. Here are the top three.

First on the list is South Dakota. Winters can be cold, but health-care costs are below average and tax policies favor retirees. Good cities to target are Sioux Falls and Rapid City.

Advertisement - Article continues below

The second-place finisher is a good choice for active retirees. Utah boasts dozens of national and state parks, plus plenty of options for boating and skiing. Check out St. George, an affordable city near the Arizona border.

Coming in third is Georgia. Mild weather and cheap living costs make the state especially appealing to retirees. Consider settling in Sandy Springs, a charming small city that’s close – but not too close – to Atlanta.

Check out seven more of the best states for retirement. Plus, take a look at the 15 states to avoid in retirement.

Advertisement
Advertisement

Most Popular

11 Dividend-Paying Stocks You Should Think Twice About
dividend stocks

11 Dividend-Paying Stocks You Should Think Twice About

Dividend-paying stocks often can be a store of safety, but 2020 has been difficult on income equities. These 11 picks look like shaky plays despite th…
September 21, 2020
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 --…
September 16, 2020
How To Buy a Roth IRA When You Make Too Much To Qualify For One
Roth IRAs

How To Buy a Roth IRA When You Make Too Much To Qualify For One

With their tax-free growth and tax-free withdrawals, Roth IRAs are a great deal — if you qualify. If you don’t, well, there’s still a way to get into …
September 23, 2020

Recommended

The Annuity With a Tax-Planning Twist
Financial Planning

The Annuity With a Tax-Planning Twist

A qualified life annuity contract helps retirees with guaranteed payments to last their entire lives.
September 21, 2020
HSA Limits and Minimums
health savings accounts

HSA Limits and Minimums

Annually adjusted contribution limits and other requirements must be met if you're covering health care costs with a Health Savings Account.
September 21, 2020
Don’t Be Paralyzed by Uncertainty
retirement planning

Don’t Be Paralyzed by Uncertainty

You definitely need a plan, because what’s ahead could be scarier than what’s behind us.
September 21, 2020
Election 2020: Joe Biden's Tax Plans
taxes

Election 2020: Joe Biden's Tax Plans

With the economy in trouble, tax policy takes on added importance in the 2020 presidential election. So, let's take a look at what Joe Biden has said …
September 18, 2020