Best countries to retire on social security
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Best place to retire in u.s.
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Choosing the best place to retire
Key takeaways
Where you plan to live in retirement is as important as when you plan to retire.
You should start planning for your retirement location up to 10 years before you retire.
Financial factors to consider include cost of living, taxes, housing and insurance costs.
Many people put a lot of thought and planning into when they will retire, whether it’s at a certain age or on a particular date.
But it’s just as important to think about where you will live after you retire.
Determining where to live in retirement is a highly personal decision that’s different for every couple or individual. Several factors go into this decision, from lifestyle and family considerations to the tax and financial implications of living in a particular state.
Let’s take a look at choosing where to retire.
Where to retire: Make a retirement bucket list
According to Sandra Fleming, managing director with U.S. Bank Private Wealth Management, couples and individuals should start by making a “bucket list” of all the things they think the
- where do i want to live when i retire
- where can i afford to live when i retire