Do you dream about laid-back beach life or something community-friendly for your retirement? Whether your ideal retirement sits on white-sand beaches or rocking on a southern porch, there are millions of ways to make your retirement your own. All you have to do is find the right home for it. The best options should accommodate senior needs, from accessible care to low costs. With that in mind, here are some things to think about and places to start in your search for the perfect U.S. city for retirement.
WHAT SHOULD I CONSIDER WHEN PICKING A CITY TO RETIRE TO?
While you should consider your wants, you also have to consider your needs. For example, you may have health concerns that will need to be addressed in the future. If so, you should look for a city with adequate, accessible health care services.
To ensure your needs are met, it's wise to create a laundry list of things you need in the place you retire, such as activity options, affordability, or warm weather. Then compare your outline to places you are considering.
WHAT ARE THE BEST CITIES TO RETIRE TO?
No two cities are alike. Just like you and your needs, each one is unique. So, finding the right one depends on what you want out of your retirement. Here are some suggestions to help you start your search.
ASHEVILLE, NORTH CAROLINA
If you look at any list of cities to retire in, you’ll notice that Asheville is a reoccurring name. It’s for a good reason, too. The city seems to have it all, between picturesque landscapes, outdoor activities in the fresh mountain air, and plenty of city sightseeing available. It has enough to entertain the artistic introvert with a lively arts district and social places like breweries for the extrovert. Plus, North Carolina does not have a tax on Social Security income that benefits retirees.
Florida is a hotspot for retirement communities. They consistently rank at the top of most “where to live” lists in the U.S. So, you can’t go wrong with researching what the state has to offer. With Clearwater, you still have all the perks of the sunshine state: white sand beaches and exciting attractions nearby. However, it’s also a little more affordable compared to other Floridian cities. According to Zillow, Clearwater’s typical home costs around $269,699 compared to the nation’s $287,148.
Florida is also one of the tax-friendliest states for retirees. The state does not have taxes on income, Social Security benefits, retirement income, and retirement account income. Additional exemptions are possible as well.
The Dallas-Fort Worth area is growing with each passing day. In this city, retirees can enjoy a combination of suburban living and the option of a big city. That means all your needs and wants are accessible to you, whether it’s entertainment or shopping. The mild winters make it ideal for seniors and, like above, it has no state income tax.
Not every retiree wants the hustle and bustle that busy cities bring. Lancaster offers a rural backdrop without putting you in the middle of nowhere. There is an attractive downtown with plenty of events and the Lancaster Central Market to keep you occupied. It also resides in a sweet spot near the east coast. If you like to visit cities occasionally, New York, Philadelphia, and Washington D.C. are just a train ride away. While there is an income tax, there is no social security tax.
Lastly, Scottsdale is well regarded for its quality of life and health care facilities. The city hosts one of the three branches of the Mayo Clinic and top-notch retirement communities. Like the others on this list, it still boasts plenty of activities emphasizing the outdoors. Similar to Pennsylvania, Arizona does not tax your Social Security benefits.
ON YOUR WAY
These are many cities that make sense for retirees. Some may suit you more than others based on their price or culture, but you are sure to find the perfect match in no time with so many out there.