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