Surpassing the Sunshine State, Delaware has grabbed the title of Kiplinger’s No. 1 retiree destination.
“Delaware’s population includes a great number of residents who are 65 [plus], and the retired set can enjoy a life unburdened by heavy taxes,” Kiplinger says in a statement. “One of Kiplinger’s 10 most tax-friendly states for retirees, Delaware levies no sales tax and modest income taxes, from which Social Security benefits are exempt.”
Kiplinger rated all 50 states and the District of Columbia based on factors including being affordable and economically healthy, as well as having low crime rates. States with large but relatively prosperous populations of residents age 65 and up and the tax situation for retirees in each state were also considered.
Affordable and economically healthy states span the nation, and offer a range of options for seniors to live out their golden years, Kiplinger research shows.
Florida ranks as the number two destination spot for retirees, followed by West Virginia, Pennsylvania, South Dakota, Arizona, Hawaii, Iowa, Kansas, and Wyoming.
In Wyoming, also known at The Cowboy State, retirees have ample opportunities to “connect with nature,” Kiplinger says.
“Wyoming’s unique landscape includes Yellowstone National Park, the Grand Teton mountain range and Snake River,” Kiplinger says. “Plus, you can keep a nice slice of earth all to yourself: Wyoming has the smallest population of any state in the country, with just six residents per square mile.”
Read the article here.
Written by Cassandra Dowell