1. Florida
Florida is one of the most tax-friendly states, with no income tax and no tax on retirement income like Social Security benefits or pensions—which is great for seniors who want to enjoy their retirement savings to their fullest potential.
Although the cost of living in the Sunshine State is 3.1% higher than the national average, there are no inheritance or estate taxes, which is another plus. But that’s not all. The average healthcare costs in Florida are below the national average.
The state has a thriving senior community, and there are plenty of recreational options for retirees, including stunning natural attractions like freshwater springs, fantastic beaches, and, of course, some of the best US golf courses. According to experts, the top three best spots to retire in the Sunshine State are Highland Beach, Indian River Shores, and Pelican Bay.
However, it’s always best to consider the weather when planning to relocate. While Florida does experience mild temperatures during the winters compared to other parts of the country, it also offers hot, humid summers as well as hurricanes, tropical storms, and tornadoes.
In Pennsylvania one always looks to the East but forgets the lovely town of Erie! Maybe I should just keep quiet as it the best little secret around…
I hope nobody comes to Oregon based on the information in this article. Contrary to what is stated, Oregon’s legislators seem to spend a lot of time thinking up new things to tax. There’s even an “art tax” on income in the Portland metro area, to support Portland “art”.