The search to find the right place to retire is long and time-consuming. And with so many options available to choose from, the burden of making the right choice can be huge. A wrong decision can not only make it expensive but also hard to undo.
Here is a list of the seven best places to retire in the US to help you make the right choice.
Table of Contents
1. Asheville, North Carolina
Asheville in North Carolina has picturesque locations and homegrown microbreweries. The climate of Asheville is pleasant year-round. The winters are mild, while summers are warm.
Outdoor activities are aplenty in Asheville. You can enjoy hiking, mountain biking, kayaking, and more. The city also has a vibrant art and cultural scene; there are many studios and art galleries.
Asheville’s cost of living is 6 percent above the national average. The median home value is around $344,136.
2. Fort Myers, Florida
Beaches, a low cost of living, and downtown activities have made Fort Myers in Florida one of the best places to retire in the US. The climate of Fort Myers is warm and temperate. It has about 265 sunny days in a year.
Both Boston Red Sox and Minnesota Twins call Fort Myers their spring home. There are many things to do for you in the city, including camping and attending art and culture events.
Fort Myers’s cost of living is 4 percent lower than the national average. The median home cost is $208,700.
Florida is a tax-friendly state for retirees. It does not tax Social Security and pension income.
3. Lancaster, Pennsylvania
Pennsylvania’s Lancaster is known for its large Amish community. Both country life and urban living coexist in harmony here. Summers in Lancaster are warm and pleasant, while winters are cold.
You can spend your time at restaurants and art galleries. And, in spring and summer, attend festivals and events in Downtown Lancaster.
Lancaster’s cost of living is 8 percent below the national average. The median home cost is $134,400.
Pennsylvania is a tax-friendly state for retirees, making Lancasterone one of the best places to retire in the US. The state doesn’t tax Social Security income. In addition, retirement income and pensions are also not taxable.
4. Sarasota, Florida
Florida’s Sarasota has 35 miles of beaches. It is home to the world-famous Ringling Museum of Art, art galleries, and performing arts companies. Summers in Sarasota are hot and humid, while winters are warm and dry.
The city offers plenty of opportunities for recreational activities. You can relax on beaches, go kayaking, or walk around St. Armand’s Circle.
Sarasota’s cost of living is 2 percent higher than the national average. The median home cost is $264,500. Florida does not tax retirement plan income.
5. Ann Arbor, Michigan
Ann Arbor is an academic medical center and offers the best health care system in the state. Summers in Ann Arbor are warm, hot, and humid, while winters can be cold and snowy.
Summers allow you to paddle through the Huron River, while in winters, you can do cross-country skiing and snowshoeing. Ann Arbor also has several bookstores.
Ann Arbor’s cost of living is 12 percent higher national average. The median home price is $427,200.
Michigan is tax-friendly toward retirees. Social Security income is not taxed, and retirement accounts are partially taxed.
6. Mesquite, Nevada
Mesquite is located 81 miles from Las Vegas. It is best known for golf courses, the Virgin Valley Heritage Museum, casinos, and a growing retirement community. Summers in Mesquite are scorching hot, while winters are mild.
You can gamble, shop, enjoy fine dining and go on off-track adventures in Mesquite.
Mesquite’s cost of living is equal to the national average. The median home price is $256,600.
Nevada is a tax-friendly state. It does not have a personal income tax, so there are no taxes on retirement or investment income.
7. Myrtle Beach, South Carolina
South Carolina’s Myrtle Beach has 60 miles of coastline. It is home to the most ranked golf courses in the US. Summers in Myrtle Beach are long, hot, and humid, while winters are short and wild.
In Myrtle Beach, you can go on boat cruises, go fishing at piers, explore state parks and have fun at the boardwalk.
The cost of living is one percent lower than the national average. The median home price is $149,800.
South Carolina is a tax-friendly state, making Myrtle Beach one of the best places to retire in the US.
