10 Best States for Retirement

5Tennessee

If you are always conscious about your budget for retirement, then head for Tennessee. It is estimated that the state offers below-average living expenses in nearly all categories, from housing and grocery to healthcare. Since most senior citizens are concerned with illnesses, the availability of many healthcare services and facilities can be a plus as well. More importantly, there are no income taxes for the elderly in Tennessee. This means your budget will not stretch further. With a better pocket and health support, your retirement will be full of fun. [7]

North Dakota

North Dakota has one of the lowest population densities in the country. This means you will have a lot of open spaces to live and explore in your retirement. While you have to pay the retirement taxes, living expenses are affordable. More importantly, North Dakota has a great health care system, which is probably the most important thing for the elderly. Low crime rates are also a bonus point as you will have a peaceful life without worrying about your security. Despite a small population, people in the state also have great access to recreational and entertainment activities, from cycling and walking trails to vibrant arts scenes.  [8]

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