What is the number 1 state for retirees?

The best states to retire in 2022. According to Bankrate's study, Florida is the best state for retirement in 2022, followed by Georgia, Michigan, Ohio and Missouri.


What are the top 5 retirement friendly states?

If you live in one of these tax-friendly states for retirees, your retirement savings could last longer.
...
  • Tennessee Taxes. State Income Tax Range: None. ...
  • Idaho Taxes. ...
  • Arizona Taxes. ...
  • District of Columbia Taxes. ...
  • South Carolina Taxes. ...
  • Nevada Taxes. ...
  • Wyoming Taxes. ...
  • Colorado Taxes.


What is the cheapest and safest state to retire in?

Michigan ranks as the most affordable state to retire in 2022, according to a recent Bankrate analysis. This is due to a low cost of living and light tax burden for residents.
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Here are the seven most affordable states to retire, according to Bankrate:
  • Michigan.
  • Tennessee.
  • Missouri.
  • Mississippi.
  • Kentucky.
  • Oklahoma.
  • Georgia.


What is the best state to retire in 2022?

The top two states to retire in according to our formula are — drumroll please — Alaska and New Hampshire! Special mentions go to Delaware, Virginia, and Washington, which were all in the top 20 on both lists.

What are the 3 states that don't tax retirement income?

Those eight – Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming – don't tax wages, salaries, dividends, interest or any sort of income. No state income tax means these states also don't tax Social Security retirement benefits, pension payments and distributions from retirement accounts.


Best States for Retirement in the US 2022 - Top 5



What is the number 1 place to retire in the world?

Here are the Global Retirement Index's top-10 retirement destinations for 2022.
  1. Panama. Not for the first time, Panama tops the list of the world's best places to retire.
  2. Costa Rica. ...
  3. Mexico. ...
  4. Portugal. ...
  5. Colombia. ...
  6. Ecuador. ...
  7. France. ...
  8. Malta. ...


What state is most senior friendly?

According to Bankrate's study, Florida is the best state for retirement in 2022, followed by Georgia, Michigan, Ohio and Missouri. Alaska, on the other hand, held last place in our ranking. The state was dragged down by back-of-the-pack scores in affordability and weather.

What is the best state to live in financially?

Here are the 10 most affordable states in the U.S. for moderately affluent households:
  • Tennessee. Average cost of living index: 89.5. ...
  • Iowa. Average cost of living index: 89. ...
  • Indiana. Average cost of living index: 88.9. ...
  • Missouri. Average cost of living index: 88.6. ...
  • West Virginia. ...
  • Georgia. ...
  • Alabama. ...
  • Kansas.


Where is the nicest place to retire in the US?

Here are U.S. News and World Report's top 10 places for retirement in 2022 to 2023.
  • Lancaster, Pa.
  • Harrisburg, Pa.
  • Pensacola, Fla.
  • Tampa, Fla.
  • York, Pa.
  • Naples, Fla.
  • Daytona Beach, Fla.
  • Ann Arbor, Mich.


What is the best state to live in with Social Security income?

Overall Cost-of-Living Index: 89

Iowa tops the list for best states to live on just a Social Security check thanks to a number of factors.

What is the #1 best state to live in?

The personal finance website has come up with a ranked list of the top 20 best states to live in for 2022. Here are the results! The top state is Massachusetts, which ranked first in the nation for education and health, fourth for safety, sixth for quality of life, and 10th for its economy.


Which state has the best life?

WalletHub has an answer. Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2022's list, touting a score of 62.65 out of 100.

What states don't tax your 401k when you retire?

There are only three states—Illinois, Mississippi and Pennsylvania—that explicitly exclude distributions from 401(k) plans, IRAs or TSPs from taxation.

What is the safest city in America to retire?

15 Safest Places To Retire in the US
  • Sarasota, Florida. Picture yourself relaxing on the beaches on the coast of Florida with no worries. ...
  • Port St. Lucie, Florida. ...
  • Fort Myers, Florida. ...
  • Melbourne, Florida. ...
  • Bella Vista, Arkansas. ...
  • Lancaster, Pennsylvania. ...
  • Lakeland, Florida. ...
  • Pensacola, Florida.


What is the cheapest state to buy a house?

1 cheapest state to buy a house in 2022: Iowa. Iowa came in at the top of the list with the lowest average median household income it takes to be able to afford a house. The largest housing markets in the Midwestern state include Des Moines, Iowa City, and Cedar Rapids.

Which state has the best healthcare?

Summary Findings:
  • Hawaii is the top state for health care in the U.S. It has the best health outcomes in the country, with low preventable death (47 per 100,000 people), diabetes mortality and obesity rates. ...
  • Iowa is the second-best state for health care. ...
  • West Virginia has the worst health care in the nation.


What is the best state to relocate to?

Best States 2021
  • #1. Washington.
  • #2. Minnesota.
  • #3. Utah.
  • #4. New Hampshire.
  • #5. Idaho.


What states are retirees moving to?

The 10 best states in the U.S. to spend your retirement in 2022
  • Florida. Affordability rank: 4. ...
  • Virginia. Affordability rank: 9. ...
  • Colorado. Affordability rank: 11. ...
  • Delaware. Affordability rank: 6. ...
  • Minnesota. Affordability rank: 36. ...
  • North Dakota. Affordability rank: 25. ...
  • Montana. Affordability rank: 14. ...
  • Utah. Affordability rank: 19.


What are the safest states to retire in?

10 Best States to Retire in 2021
  • 1. ( tie) Iowa. ...
  • (tie) West Virginia. Economy: 8 Crime/Safety: 16 Lifestyle: 6 Healthcare: 29. ...
  • (tie) Arkansas. Economy: 4 Crime/Safety: 46 Lifestyle: 8 Healthcare: 6. ...
  • (tie) Mississippi. Economy: 9 Crime/Safety: 24 Lifestyle: 10 Healthcare: 21. ...
  • (tie) Florida. ...
  • (tie) Kentucky. ...
  • Connecticut. ...
  • Missouri.


Where is the safest cheapest place to retire?

The Cheapest Countries Where You Can Retire Well
  • Portugal. Cost of Living Index: 42.18. ...
  • Malaysia. Cost of Living Index: 34.41. ...
  • Spain. Cost of Living Index: 47.51. ...
  • Costa Rica. Cost of Living Index: 43.65. ...
  • Panama. Cost of Living Index: 48.25. ...
  • Czechia (The Czech Republic) Cost of Living Index: 44.33. ...
  • Peru. ...
  • Slovenia.


What is the number 1 city to retire in the US?

Many Americans may put Florida as the No. 1 retirement spot in the country, but a new list from the U.S. News and World Report found Lancaster, Pa., is the best place to retire in the United States.

Where is the best town to retire?

Here are the top 10 place to retire for 2022-2023:
  • Lancaster, PA.
  • Harrisburg, PA.
  • Pensacola, FL.
  • Tampa, FL.
  • York, PA.
  • Naples, FL.
  • Daytona Beach, FL.
  • Ann Arbor, MI.