Choosing The Best Retirement State
Written by GaryPierce   
Monday, 08 February 2010
The best retirement state is not one size fits all. There are many factors that go in to the decision of where to retire.
by GaryPierce


The best retirement state is not one size fits all. There are many factors that go in to the decision of where to retire.

Looking solely at taxes can be misleading. Five states have no sales tax; seven have no income tax. The only state that has none of either taxes is Alaska. Alaska may be a tough sell as a place to retire.

Due to its location, Alaska has to truck in most consumer goods. That makes the cost of consumer goods higher. Alaska therefore has a high cost of living. The fact that it has no taxes helps but it is still not among the cheapest states to retire.

High income retirees will be very interested in states that do not tax income. It is not a coincidence that Florida and Texas, have a high number of wealthy retirees. They are among the seven states that do not tax income at the state level.

For the retiree relying solely on Social Security, you should know which states tax Social Security benefits. There are currently thirty four states that do not levy taxes on Social Security.

Taxes are not the only criteria to choose a state to retire in others include:

1) Is the health care sufficient for your particular needs?

2) Is the family close...or is it far enough away?

3) Do you require certain cultural outlets?

4) Outdoor and recreational opportunities

5) Personal safety

Choosing the best retirement state involves many factors. There are two important approaches to your decision making:

1) First do not rush making this decision. You have probably worked all your life...take some time in finding your best place to retire.

2) Try before you buy...How does a area feel when you are not on vacation? Some places may be great to visit on vacation, but feel totally different when you live there. Rent a place for a few months before you look to buy.

Choosing the best retirement state should be a fun, wonderful experience and everyone is different. Get all the information, taxes and otherwise, you can on each state you are considering for retirement. Here's how...

About the Author:




From the Webmaster:

"Having the opportunity to share my hobbies and interests with so many people around the world gives me great satisfaction. As a bonus, I blog and produce websites about topics that interest me and receive ad revenue from the websites and Blogs."


You can live like this too. Get your domain name and set up a blog on your favorite place or topic. No come-ons. No "Get-Rich-Quick" promises. The results are worth the time and effort needed to build a REAL business.You can start your first or your fiftieth Blog or website to build long- term, ever-growing profits that can take you where you want to go.


For less than $10 dollars a year for a domain name and $3.95 a month for basic blog hosting you can start to earn from your hobby or interest.
To begin, Click here to sign up for a domain name and Blog hosting .


Or, Click here to learn more about starting a blog or website for profit.