10 Affordable Retirement Cities
AARP did a search to find the “perfect retirement destinations” and looked at financial data for 350 cities across the United States. The research also included cultural data. Just because a city is deemed an retirement destination, there needs to be more than the affordability factor – like things to do and why would I move there. The factors considered were: property and sales tax rates, median housing price, and cost of living based on tax rates on pensions and Social Security. These are the 10 retirement destination that looked good from both a financial standpoint and livable.
|City||Median House Price||Sales Tax||State Tax on S.S.||State Tax on Pension|
To learn more about these retirement areas follow this link: Top 10 Retirement Destinations
Source:AARP Magazine September/October Issue
Filed under: General RE Tips
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