The 5 Best States to Retire (& the 5 Worst)

If you are looking to retire, you may be wondering which state is the best place to do so. There are many factors to consider when making this decision, including cost of living, climate, taxes, and health care. In this article, we will discuss the top 5 states for US retirement and the five states to avoid!

The best states for retirement

1. Florida

There are many reasons why Florida is the best place to retire. The weather is warm and sunny all year round, perfect for those who want to avoid cold winters. In addition, Florida has no state income tax, which can save retirees a significant amount of money.

“All 401(k) deferrals from high-tax states like California, New York, or New Jersey can be distributed without paying state income tax! Often your federal tax rate will be lower after retirement, so why not use state income tax as well,” says Kevin Lao, CFP and founder of Imagine Financial Security, LLC, based in Jacksonville, Florida.

Florida has no inheritance or property taxes, making it ideal for transferring wealth of generations to their heirs.

In addition, Florida has a large senior population, so many of the activities and amenities are for seniors.

Finally, Florida is home to many world-class beaches. golf courses, and other vacation spots, making it the perfect place to retire. Florida is also famous for its many theme parks, which are always a hit with children and grandchildren. No wonder Florida has so much to offer retirees.

2. Arizona

Retirement is a time to enjoy the fruits of your labor and relax. For many, this means finding a place with warm weather and plenty to do. Arizona is one of the best retirement destinations in the United States, offering sunny skies and plenty of entertainment. The state has diverse landscapes, from the red cliffs of Sedona to the mountains of Flagstaff.

There are also many opportunities for outdoor recreation, from hiking and cycling to golf and horseback riding. Arizona also has a thriving cultural scene, with museums, theaters, and restaurants in Phoenix and Tucson.

And the best thing is the cost of living in Arizona is relatively low, making it a great place to retire on a budget, even for people aspiring Early retirement.

And finally, Arizona has some of the best hospitals in the country, which is vital for people who want to be close to quality healthcare. All of these factors make Arizona an attractive option for retirees.

3. Colorado

Colorado is one of the most beautiful states in the country with majestic mountains, pristine lakes and endless outdoor opportunities. In addition to its scenic beauty, Colorado is also home to several world-class cities, including Denver, Boulder, and Fort Collins, attracting many early retirees who wants an active lifestyle.

The state also has a relatively low cost of living, and the cities offer a wide range of amenities, including excellent healthcare, a vibrant cultural scene, and plenty of shops and restaurants.

Colorado also has a very mild climate, perfect for retirees who want to take advantage of all the state has to offer all year round.

4. Maine

Retirement is a big decision. This is an opportunity to start a new chapter in your life and it is very important to choose a place that suits all your needs. For some people, this means moving to a warmer climate. But for others, it means moving to where they can enjoy the four seasons.

Maine is the perfect place for those who love nature. It offers retirees the opportunity to enjoy the beauty of New England with its rocky coastline, picturesque villages and towering mountains. And since Maine is located in the northeast of the United States, it is easy to get to major cities such as Boston and New York from here.

Maine performed particularly well in the affordability category due to its relatively low cost of living. In addition, Maine is not taxed. Social Security income. Maine has a 5.5% sales tax rate and no local taxes.

In addition, Maine is below average. crime levelwhich makes it an attractive place to retire. These factors ensure that Maine is consistently ranked as one of the best states for retirement.

5. South Carolina

South Carolina offers retirees a unique combination of diverse attractions, mild weather, and friendly locals. From the stunning beaches of the Grand Strand to the historic city of Charleston, South Carolina has something for everyone.

The state also boasts a low cost of living and no state income tax, making it an ideal place to boost your retirement savings. With an average annual temperature of 70 degrees, you can enjoy all that South Carolina has to offer all year round.

If you are looking for a place to retire or have an active holiday, South Carolina is the perfect choice.

Worst Places to Retire

1. Alaska

Alaska is often touted as a retiree’s paradise, with its natural beauty and endless opportunities for outdoor adventure. There is no income tax in Alaska, and Social Security benefits are not taxed. However, there are several reasons why Alaska is the worst place to retire.

First, it is one of the most expensive states in the country, with the cost of living almost 30% higher than the national average. This is partly due to the state’s remoteness and lack of competition, which drives up the price of essentials such as food and fuel.

Secondly, Alaska has a limited number of medical facilities and services, which can be a problem if you have health problems.

Third, the weather in the state can be extreme, with average temperatures ranging from -20 degrees Fahrenheit in winter to 85 degrees Fahrenheit in summer. This can make it difficult to go out and enjoy your retirement.

Fourth, Alaska has a high crime rate, with violent crime nearly double the national average. Alaska ranks third in the United States in terms of crime.

Finally, Alaska’s isolation can make it difficult to connect with family and friends.

2. Hawaii

There are many factors to consider when deciding where to retire and Hawaii may seem like the perfect place for some people. However, there are several reasons Hawaii this is the worst place to retire.

First of all, while easy to find jobs that pay $100,000 or more, the cost of living in Hawaii is sky-high, and retirees on a fixed income can struggle to make ends meet. Besides, health care costs relatively high in Hawaii; There are several options for Medicare recipients.

Secondly, the weather in Hawaii is notoriously unpredictable and retirees can experience frequent hurricanes and tropical storms.

Finally, Hawaii is very isolated from the United States mainland, making it difficult to travel back and forth to visit family and friends.

3 Mississippi

Mississippi has long been ranked as one of the worst states to retire for a few good reasons.

First of all, the cost of living in Mississippi is relatively high, especially when compared to other states in the Southeast. This is partly because Mississippi has a 7% sales tax, which is higher than many other states.

Furthermore, Mississippi ranks last, or close to last, on nearly every major health indicator. The state has a high infant mortality rate and its residents have some of the worst health records in the country.

Finally, Mississippi has a high crime rate. Combine these factors with dreary weather and it’s easy to see why many retirees choose to live elsewhere.

4. West Virginia

Although there are many beautiful places in West Virginia, it is not an ideal place to retire. The state has a high crime rate and a poor economy, making it difficult to find affordable housing and quality health care.

West Virginia is home to one of highest rates of non-medical use of prescription painkillers. High levels of drug abuse can lead to increased crime and violence.

The state has many residents who live below the poverty line, making it difficult to provide basic necessities. In addition, West Virginia’s climate is often harsh, with cold winters and hot summers. For example, the state has a minimal selection of golf courses, and options for retirement communities are minimal.

As a result, retirees looking for a sunny location with low crime rates and a strong economy will be better off retiring elsewhere.

5. Louisiana

Recent data suggests that Louisiana may not be the best place to retire. The state ranks last in several important categories, including quality of life, affordability, and healthcare. Louisiana also has one of the highest crime rates in the country, which can be a major problem for retirees.

Louisiana is also prone to hurricanes and other natural disasters that disrupt retirement plans.

Louisiana is not taxed Social Security Retirement Payments or income from state pensions, and it has some of the lowest property taxes in the country. However, the state has high sales taxes. So, while Louisiana may offer some attractive features, it’s important to weigh all the factors before deciding if this state is the right place for you to retire.


There are a few states that are ideal for retirement, and there are others that should be avoided. Preference is given to states with warm climates, low crime rates, low tax rates, and strong economies.

The worst states to retire have a high cost of living, poor health, high crime rates, and harsh weather. Because no state can meet all requirements, retirees should weigh these factors carefully before deciding to retire.

This article originally appeared on amateur.

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