Both my husband and I have now passed the big 5-0 birthday (ummm.... I'm now a year past 50), and while we're not ready to retire, we certainly talk from time to time about where we might want to be after the kids are out of school (one is a junior in high school; the other is in his junior year in college). U.S. News has compiled lists of places for those retirees, including places that will be easier on the budget. Here's the list of low-tax places to retire:
- Billings, Montana
- Cheyenne, Wyoming
- Doral, Florida
- Henderson, Nevada
- Juneau, Alaska
- Manchester, New Hampshire
- Nashville, Tennessee
- Sioux Falls, South Dakota
- Spokane, Washington
- Stafford, Texas.
For a discussion of how those places were chosen, go to Emily Brandon's article, "10 Great Low-Tax Places to Retire."
When we have discussed places to retire, my husband and I certainly have never mentioned any of these cities. Perhaps they merit a look.
For further discussion of other retirement destinations, go to the more in-depth report at U.S. News & World Report: "Best Retirement Bargains."
