Nevada
Nevada offers some great deals when it comes to taxes. For one thing, the lack of state income tax will definitely help senior citizens. Poverty rates for the older generation are pretty low. Of course, we cannot talk about this state without mentioning that it is the state that is home to Las Vegas! The cost of living is not too high at only 4 percent above the U.S. average. Winchester is great for retirees. However, the extreme temperatures courtesy of the semi-arid desert climate might not appeal to some people.
Nevada
Minnesota
But what about Minnesota? Let us see. If you are most concerned about health, you should know that the United Health Foundation called it the “healthiest in the country for seniors.” Osseo is a great place, but Rochester has Mayo Clinic. It is definitely worth considering if you have serious health issues. There are 5.5 million living in the state, and the cost of living is 4 percent higher than the U.S. average. Sadly, the annual income is below average and Social Security gets taxed as much as the Feds charge. Retirement incomes are not exempted from tax either.
Minnesota
