When a worker begins to consider where to retire, of course he or she would like to stay within the United States, because moving abroad can be a logistical challenge and a trauma when it comes to separating from loved ones, family, and friends. There are many things that must be considered and that are variables that impact what the golden years will be like when you stop working.
You should research housing, food, healthcare, and utility prices in different areas. Climate is also important, as many retirees prefer places with mild winters and moderate summers to stay active and comfortable year-round. Access to healthcare is paramount, with access to nearby and affordable hospitals or clinical medical services.
A Retiree Needs Entertainment and a Social Life
Recreational and cultural activities are essential to maintain an active and satisfying retirement, to maintain good mental health and a good spirit and mood in general. You should look for communities with a variety of entertainment options, such as parks, museums, theaters, and community centers. Safety and crime levels must also be taken into account because an older adult may be at additional risk compared to populations of other ages.
And last but not least, choosing a place to retire involves analyzing the issue of state and local taxes. Some states offer tax breaks for retirees or do not tax pension income. We have found three places that meet enough of those conditions to forget that extravagant idea of moving to Portugal, Mexico, or Italy, and staying right here, in the heart of America.
Three Formidable Places to Retire in the US in 2024
According to several comparative analyzes that we have reviewed and, in turn, compared to each other, three places stand out as paradises for retirees. We start in Tucson, Arizona, a destination that stands out for its warm climate almost all year round, with a low cost of living compared to the national average and its vibrant culture and local life. Although Arizona taxes some retirement income, the tax rate is relatively low, making it financially attractive for you to keep most of your money, according to The Home Atlas.
Tucson offers access to multiple entertainment options, from national parks to museums, in addition to a growing community of retirees who have chosen this city in the southern United States as a destination to spend their final years of life, according to Retirable.
Georgetown, Texas — A Hidden Gem for Retired Americans
With one of the largest retiree populations in the country, Georgetown, Texas, is known for its proximity to Austin, which has a multiculturalism unique in the country and a gastronomic offering that is unmatched in the great Lone Star State.
Its warm climate and abundant healthcare services are perfectly complemented by the fact that neither Texas nor Georgetown has a state or local income tax, which is a big draw for those who want to use their retirement savings there. The cost of living index is 108, which is 8% above average but is compensated by a quality of life that is one of the best in America.
Fort Myers, Florida — Retired Living Near the Ocean
According to The Home Atlas analysis, the city of Fort Myers, Florida, offers a good level of competitive affordability and with quite sensible prices to buy a home, which is also complemented by access to quality medical services and beautiful places to live a good retirement.
In front of the city passes the great and beautiful Caloosahatchee River that flows into the warm sea at the Gulf of Mexico. Within a few hours by car you can reach Tampa, Sarasota, Key West, and even cosmopolitan Miami.
These are merely informative options for you to do your own personal research (or with your partner) because it all depends on what you are looking for in terms of quality of life, entertainment and cultural options, healthcare, and climate.