22 April 2022 14:55

What are the top 10 places to retire in the United States?

The 10 Best Places to Retire in 2021-2022:

  • Sarasota, Florida.
  • Naples, Florida.
  • Daytona Beach, Florida.
  • Melbourne, Florida.
  • Lancaster, Pennsylvania.
  • Tampa, Florida.
  • Fort Myers, Florida.
  • Port St. Lucie, Florida.

What is the number 1 retirement state?

Best & Worst States to Retire

Overall Rank State Total Score
1 Florida 59.41
2 Virginia 59.32
3 Colorado 59.27
4 Delaware 56.34

What is the cheapest and best state to retire in?

1. Mississippi. The Magnolia State may be a viable choice as you plan your retirement and look for a place to settle down. It has mild winters and costs less than the national average to live here.

Where is the safest and cheapest place to retire?

The Cheapest Countries Where You Can Retire Well

  • Portugal. Cost of Living Index: 47.94. …
  • Malaysia. Cost of Living Index: 37.02. …
  • Spain. Cost of Living Index: 53.88. …
  • Costa Rica. Cost of Living Index: 47.01. …
  • Panama. Cost of Living Index: 51.43. …
  • Czech Republic. Cost of Living Index: 48.24. …
  • Peru. Cost of Living Index: 32.53. …
  • Slovenia.

Where is the cheapest and safest place to retire in the US?

Cities in the southeast and in the south such as San Antonio, Texas and Tampa, Florida made the list, while Laredo, Texas and Cheyenne, Montana took the top two spots. Here are the 17 most affordable cities for retirees, along with data on each state’s tax rates via WalletHub and median senior day care costs from AARP.

What is the safest state to retire in?

The 10 best states in the U.S. to spend your retirement in 2022

  1. Florida. Affordability rank: 4. …
  2. Virginia. Affordability rank: 9. …
  3. Colorado. Affordability rank: 11. …
  4. Delaware. Affordability rank: 6. …
  5. Minnesota. Affordability rank: 36. …
  6. North Dakota. Affordability rank: 25. …
  7. Montana. Affordability rank: 14. …
  8. Utah. Affordability rank: 19.

What are the worst states for retirement?

Worst States To Retire 2022

  • Hawaii ($99,170)
  • California ($71,809)
  • New York ($69,847)
  • Massachusetts ($69,279)
  • Oregon ($68,712)
  • Maryland ($67,214)
  • Alaska ($66,956)
  • Connecticut ($66,543)

Which state is best for seniors?

The Best & Worst States for Older Adults

State Relative tax burden % of 65+ with Medicare coverage
Alaska 5.2% 94.9%
Arizona 8.3% 96.5%
Arkansas 9.0% 97.2%
California 9.3% 94.3%

Is Georgia or Florida better for retirement?

Georgia was named the best state to retire in 2021 by a Bankrate study, because it has a lot of the same qualities as Florida but at a more affordable price, according to Jeff Ostrowski, an analyst at Bankrate.com. The study ranked states using five categories: affordability, wellness, crime, weather and culture.

Where can I retire on $2000 a month in the United States?

  1. Bismarck, North Dakota. This article originally appeared on GOBankingRates.com: 28 US Cities Where You Can Retire on $2,000 a Month.
  2. Gallatin, Tennessee. Nagel Photography / Shutterstock.com.
  3. New Bern, North Carolina. …
  4. Belleville, Michigan. …
  5. Moline, Illinois. …
  6. Parma, Ohio. …
  7. North Royalton, Ohio. …
  8. Anderson, South Carolina. …
  9. Where can I retire on 4000 a month?

    Below, we round up the top five places to retire for $4,000 a month or less.

    • If You Want Your Money to Go a Long Way: El Paso, Texas. …
    • If You Enjoy an Outdoorsy Lifestyle: Albuquerque, New Mexico. …
    • If You Want to Be Near the Beach: Sarasota, Florida. …
    • If You Crave Quality Arts and Culture: Colorado Springs, Colorado.

    What state pays the most in Social Security?

    Which states offer the highest SSI payments?

    • New Jersey: $1,689 per month.
    • Connecticut: $1,685 per month.
    • Delaware: $1,659 per month.
    • New Hampshire: $1,644 per month.
    • Maryland: $1,624 per month.

    What is the cheapest state to live in for seniors?

    Arkansas

    Arkansas is one of the most affordable places to live because it has the third-least expensive healthcare and transportation costs, which can help make your retirement savings last longer.

    Where is the cheapest warmest place to retire?

    The 10 Sunniest, and Most Affordable, Cities for Retirees

    • Ely, Nevada. 73% chance of sunshine / 47.00% less expensive than national median new home price. …
    • Amarillo, Texas. 73% chance of sunshine / -34.73% less than national median new home price. …
    • Lubbock, Texas. …
    • El Paso, Texas. …
    • Yuma, Ariz. …
    • Phoenix, Ariz. …
    • Tucson, Ariz.

    Where can I live on 1500 a month in the US?

    Best Cities to Retire on a Budget of $1,500 a Month

    • Grand Forks, N.D.
    • Lynchburg, Va. …
    • Lawton, Okla. …
    • Cedar Rapids, Iowa. …
    • Lorain, Ohio. Total Monthly Expenditures: $1,442. …
    • Lubbock, Texas. Total Monthly Expenditures: $1,456. …
    • Davenport, Iowa. Total Monthly Expenditures: $1,472. …
    • Casper, Wyo. Total Monthly Expenditures: $1,473. …

    Where can I retire on 3000 a month in the US?

    5 Awesome Places to Retire on $3,000 a Month or Less

    • If You Want to Be Near the Beach: Gulfport, Fla.
    • If You Desire Access to Arts and Culture: Duluth, Ga.
    • If You Want to Be Close to a Transportation Hub: Alton, Ill.
    • If You Crave the Outdoors: Coeur d’Alene, Ind.
    • If You Want to Live Someplace Totally Foreign: Malta.

    What is a good monthly retirement income?

    In general, single people depend more heavily on Social Security checks than do married people. In 2021, the average monthly retirement income from Social Security was $1,543. In 2022, the average monthly retirement income from Social Security is expected to be $1,657.

    Where can I retire on $6000 a month?

    5 Spectacular Places to Retire on $6,000 a Month

    • For Warm Weather and Plenty of Recreational Activities: Reno, Nevada. Population: 255,601. …
    • For White Sand Beaches: Cape Coral, Florida. …
    • For Intellectual Stimulation: Ann Arbor, Michigan. …
    • For Golf Lovers: Augusta, Georgia. …
    • For Fans of Live Music: Nashville, Tennessee.

    Where can I retire on 5000 a month?