Connect with us

Hi, what are you looking for?

Money Management

3 Amazing Places To Retire On A Budget


 

Prime Retirement Destinations!

When choosing a place to retire on a fixed income costs matters sure, but they’re not the whole story. Safety, livability, and economic stability are all equally important for retirees. Using data on more than 200 cities across the metropolitan US, Kiplinger found the cheapest areas based on living costs, in particular for health care and housing.

They also looked at how people are being taxed, and even if you want to go back to work they selected economically healthy areas. Then, to cut it down farther, they targeted areas with below average crime rates.

Here are the top three places you will actually want to retire:

  1. Punta Gorda, Florida.
    1. No income tax.
    2. No estate tax.
    3. No inheritance tax.
    4. Does not tax Social Security or retirement.
  2. Roanoke, Virginia.
    1. Reasonable health care and housing.
    2. Lots of outdoor activities.
    3. Cost of living for retirees is below average in every category.
  3. Pittsburgh, Pennsylvania.
    1. Cultural attractions
    2. One of the SAFEST cities in the ranking.
    3. Median home value: $89,400.

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

As Russia’s invasion of Ukraine continues, many global businesses have pulled their dealings out of Russian territories due to a mix of sanctions and...

News

In the last few weeks, fears have begun to surface of another potential recession striking the United States economy. Economists have been working to...

News

It’s no secret that the highs of the COVID-19 pandemic cost movie theater chain AMC an unprecedented amount of money. As people isolated at...