The 10 Best States for Retirement in 2015
Wyoming tops Bankrate’s list of Best Places to Retire in 2015, thanks to its low cost of living, low crime rate and low tax burden. Even with home prices at record-high levels, the Cowboy State is still affordable when compared to the rest of the country.
Flickr/Diana Robinson
It’s not just a haven for pot heads: Colorado’s outdoor recreational opportunities make it a prime destination for today’s active retirees. Maybe that’s why the state consistently ranks among the happiest in the country.
Flickr/Mclcbooks
Retirees in the Beehive State benefit from low property and sales taxes as well as an income tax rate of just 5 percent. Provo, Utah, ranks third in the country on the Milken Institute’s annual list of the Best Places for Successful Aging, thanks to its residents’ healthy and engaged lifestyles and safe environment.
Flickr/Benjamin
Idaho offers much of the same outdoor recreation as Colorado with an even lower cost of living.
Virginia may be for lovers, but it’s also increasingly for retirees. The mid-Atlantic state offers four seasons, but they’re milder than Northeast locales. Residents can easily access beaches, mountains and plenty of golf.
Flickr/Skynoir
Retirees may be interested in the low cost of living and low crime rates in the
Retirees can consume more in Montana: There’s no sales tax in this state. The state is also a great destination for those ready to leave the rat race: Its population density is among the lowest in the nation.
Flickr/Trey Ratcliff
Proving you don’t need warm weather to be happy, South Dakota ranks third on Gallup’s list of the happiest states, thanks to strong scores on social and community factors. The state also ranks best in terms of retirement income, including retirement account balances, tax rates for pensions and retirement plan participation rates.
Flickr/CarmeliaTWU
With its warm climate and recreational opportunities, Arizona perennially ranks at the top of retirement lists. It’s also a great place for anyone who wants to work in retirement. Three of its cities made the top 10 on WalletHub’s recent list of the best cities for job seekers.
Flickr/AlHikes_AZ
The extremely low cost of living in the Cornhusker State is a huge draw for retirees. It also offers a slew of outdoor recreational opportunities, especially for those looking for a peaceful place to hunt or fish.
Flickr/Diana Robinson