Best States to Retire, According to Experts

10/03/2023

Delaware

Delaware offers the cultural opportunities of big cities nearby — Philadelphia, New York, Washington, D.C., and, of course, its own Wilmington — as well as beautiful coastline and beaches. It’s considered the most tax-friendly state, with no sales tax, no state inheritance tax, no tax on social security income, and an exclusion for part of retirement income.

10/03/2023

Georgia

Affordability is just one of the factors making Georgia a great place to retire. Mild weather, beaches, cultural opportunities in cities like Savannah and Atlanta, and geographical diversity are also advantages. Social security benefits are not taxed, and taxpayers over 65 can exclude up to $65,000 of their retirement income from state taxes.

10/03/2023

08/03/2023

Maine

Maine topped The Motley Fool's list of best U.S. states to retire, with high marks for quality of life, safety, and health care cost and quality. The state has the highest percentage of residents over age 65, so retirees can find like-minded neighbors who enjoy the outdoors, natural beauty, and reliable health care. Naturally, winters here are cold, and heating bills add to living expenses.

06/03/2023

Berlin

Berlin has a number of modes of transportation from the high tech to the two-wheeled. Bicycling is made easy in Berlin thanks to its well-constructed bike lanes. These lanes are not quite the Autobahn, but they get riders where they need to go on their own steam. There are also hundreds of miles of on-road and off-road bicycle paths. If using a bicycle is too taxing, there are always bicycle rickshaws where one can sit comfortably while someone else pedals the contraption. Soon, cyclists will also be able to make use of so-called bicycle sharing systems as well.

04/03/2023

West Virginia

This state offers natural beauty as well as a range of affordable homes, senior care facilities, and an excellent health care system. With about 21 percent of its population over the age of 65 (the third highest in the nation), retirees will find plenty of other residents with similar interests, plus services directed toward seniors. And retirees who enjoy the changing of the seasons will appreciate the West Virginia climate.