Welcome to the most tax-friendly city in the US. Anchorage, a real gem of the north. Numerous parks, recreational facilities, wildlife refuges, and the famous Anchorage museum makes the capital of Alaska one of the most popular destinations for recent and future retirees. With a population of nearly 400,000, Anchorage has all the advantages of an active city, all while allowing you to reap the benefits of living in such a breathtaking natural environment. About 11.8% of the entire population is age 65+.
But that has its advantages. Anchorage is respected for its abundant cultural life, having some of the best cultural festivities in the entire country. The average income for 65+ households is $63k, which is a direct result of the state distributing the money from oil to every permanent resident equally. In 2017, that number was $1.100, which is not something you come across that often. Also, there are 43 healthcare centers per 1.000 seniors, compared to only 19 in the country as a whole.
If you love history and you want to retire in a place that has its own “spirit,” then Annapolis should at the top of your list of choices. This picturesque town in Maryland has become a hotspot for retirees from all around the country. The population over 65+ takes up 15.5% of the entire population, which is just enough for socializing, as well as keeping the city vibrant. With over 400 miles of shoreline to go around, Annapolis is a dream destination for all those who love sailing, wishing, and sunbathing.
If you’re a veteran with good connections to the military, Annapolis would be a great solution because it’s already home to many military retirees. This is due to the US Naval Academy being close by. The 340-acre Quiet Water Park and 200 acres of other parklands, theaters, and museums add to the beauty of the city. You will find the mix of historical buildings, forests, and other attractions a deal-sealer. You have to think ahead and save up.
One of the best retirement destinations in the entire country is, of course, Portland. The biggest city in Maine offers a variety of different activities to choose from. The numerous museums in the city cover a diverse range of topics, including natural history, and ancient history. The cost of living is just 13.7% above the national average, making Maine a state one of the cheapest retirement choices.
The downtown is one of the most bustling and diverse neighborhoods on the entire East Coast. It’s a center of alternative arts. If you get tired of the city streets, you can enjoy the great natural wonders of the Pine Tree States. During the summer, beaches are a few minutes away from any point in town, as well as hiking spots and ski ranges in the winter. Portland is a full package, not to mention the fantastic lobster restaurants they have there. It’s rightly known as the ‘foodie’s paradise.’
Although the entire state of Massachusetts is considered an expensive place to live, Pittsfield is an oasis of affordability in the unreasonably priced area. With the cost of living only 9.9% above the national median cost, you can enjoy all the benefits of living off of your retirement fund. With existential needs met, you can relax and bask in the serene nature that gets more beautiful as each season passes. Another advantage is that Boston is not that far away, so you can venture into the city if you wish.
The Berkshires are an especially attractive place in autumn, with many bird-watching and camping opportunities waiting to be discovered. If you’re a fan of fishing, there are many creeks in the vicinity, where you can explore and catch many different kinds of fish. For music fans, the summer is an excellent opportunity to catch the Boston Symphony Orchestra, which has the nearby Tanglewood Music Center as their summer home. Hiking is also significant in the area.
This entry on our list is for those who still feel youthful within and only see retirement as a more free time to face challenges. What better challenge to meet than enjoying retirement in the seclusion of wild and unforgiving mountain ranges? In southern Montana, Bozeman sits right on top of Yellowstone and Grand Teton national parks, which are wonders of nature that take years to understand fully. The city of Bozeman is almost 100k inhabitants, which is ideal for both activity and peace.
With a metro population of around 108,000, Bozeman is uncrowded and you can enjoy the peace the way you want. Mountain biking, backcountry exploration, and skiing are all activities that you get to experience almost year-round in this fantastic town in Montana. Due to a large number of students attending Montana State University, everything is affordable, and you can purchase suitable property for a relatively low price. Entertainment, dining, and culture are a big part of the town’s charm, as well.
An hour south of Omaha, the capital of Nebraska is one of the best places you can choose as your post-career home. The 300.000+ inhabitants live in a very tidy town filled with parks and small oases of nature and relaxation. Excellent restaurants are all over the place, as well as bars, and a multitude of museums and theaters. It is considered the cultural capital of the Midwest, with a history that genuinely inspires everyone. Automotive culture is also big here, with the Museum of American Speed being located in the downtown district.
However, the best part about retiring in Nebraska is that the entire state has the cost of living 22% lower than the average number in the country. This is due to a lot of nature and a low population density. If you’re big on organic foods, you will find that Lincoln is surrounded by organic farms that produce high-quality products at low prices. Green energy is utilized heavily in the city, with fossil fuels being abandoned more with each day. One of the big highlights is the Pinnacle Bank Arena, which has put Lincoln on top and it is famously called the ‘music city.’
This small city is almost next to Las Vegas, but it has all its charm, without the chaos that Vegas involves. It’s a medium-sized city with around 248,000 people residing in the area. The city prides itself on a high standard of living, including modern housing, art galleries, restaurants, and state of the art technology in most facilities. Add to this the fact that the cost of living is just 6.7% above the national average, and there is no need to worry about living frugally.
If you’re an outdoors person, you will find Reno even more attractive. You have the Sierra Nevada, filled with amazing hiking trails and ski slopes. Lake Tahoe is one of the most popular destinations in the entire country, so you will have much to see and do in the area. Beautiful lakes where you can enjoy kite and windsurfing, a number of museums, and music venues add to the beauty of the place. Of course, throughout the area, you can find casinos and nightclubs that have entertained thousands before.
Welcome to one of the top 5 most educated cities in the US. What many seniors worry about during their moving process is the level of taxation in another state. If you choose to give Manchester a try, you will be residing in the second most tax-friendly states in the country, next only to Anchorage, Alaska. Manchester country also has very low taxes and is a popular destination because of this. With only 111.000 inhabitants, it’s balancing on the fine line between overpopulation and desolation. There is a lot of things too, in every facet of education and entertainment.
Outdoor recreation seems to be the symbol of this city, as you’ll find lots of open gyms, running tracks, and bike lanes. Skiing and snowboarding are also options, mostly because of the vast number of mountains surrounding the area. The city library that has served people since the 1850s, a number of cultural landmarks, and museums alone should put Manchester amongst your top candidates for a retirement residence.
Tennessee by itself is one of the best places for retirement, but its capital Nashville, the home of country music, possesses many advantages for everyone who chooses to take up residence here. You can accomplish a lot with just a small amount of money, because of a combination of low taxes and a high average income. Its housing market is hot and a booming economy with a lot of medical tourists, students, and other tourists that the music festivals attract will ensure you earn a good rental income as well.
On top of the 180 venues, there are many museums and art galleries. If you love the activity, movement, and lively environment, you will adore this almost two-million-person city. There are plenty of recreation spots both around town and outside of it, so taking trips should be high on your priority list. Additionally, Tennessee has 12.1% of its population is 65+, so you will undoubtedly have company around your age. You will enjoy a very high standard of living and extraordinary circumstances for developing your projects and interests.