If you’re thinking of settling down somewhere nice, then you are looking for a place where you you can enjoy a sweet escape after years of work.
One thing’s for sure, you will need to be in states that offer you the opportunity to really enjoy retirement or lead a less hectic life. In this sense, it pays to know which of these states have the features to be your best destination.
In order to make the most of your retirement, the following five states offer the best conditions. With low crime rates and healthy social and natural surroundings, these states are your destination for a peaceful and tranquil life.
First on our list is the essential paradise we all know and love: Hawaii.
It’s maybe too cliche to say it, but Hawaii remains to the top destination for a lot of retirees, and for a variety of reasons. Although the cost of living has gone up in recent years, the state still outranks all others in terms of the temperate weather and for the improved well-being the warmth brings.
If you plan to settle in Hawaii, make sure to do extensive research on the towns or cities where you want to buy your home. You may also want to check on the hidden costs of living in the state. But just as long as you have retirement funds, you won’t have to worry about spending.
If you have been living in the Midwest or the East Coast for a very long time, you might as well go down south and settle under the warm Texan sun.
Texas, like Hawaii, also ranks high in terms of its climate and weather. And unlike its fellow southern state Florida, Texas has a low cost of living, making it ideal for people who want to lead a simple and frugal life. That being said, try to look outside urban centers such as Dallas and Houston, and search instead in adjacent counties or even other places outside metropolitan areas.
Sure enough, you can find gorgeous real estate in Montgomery, TX which offers closer proximity to the Texan wilderness. Still, a great deal of research has to be done so you can find the right deals in the highly volatile Texas real estate market.
In contrast to Texas, Florida offers a higher cost of living, mostly because of the local real estate markets in cities like Orlando and Miami. These have seen high market performance even as they continue to reel from the financial crisis of 2008..
Nonetheless, Florida remains a great destination for the ultimate sweet escape. With a lively east Coast culture, sun kissed beaches, and a great wealth of premier communities, it’s no wonder that Florida remains to be on top of the list in many retirees.
Another big factor would be the low taxes it entails. While the cost of living could be a downer to some, at least a lot of people won’t have to pay state taxes for the first time.
Still, a good rule of thumb is to make sure you study your plans earlier. That way, you can be sure to save enough that you can really enjoy your ultimate sweet escape!