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Home 2017 November 18 Best Cities for Retirement in These Income Tax-Free States

Best Cities for Retirement in These Income Tax-Free States

Why You Should Retire in Casper

You might also want to consider retiring to this mountain town if you want to maintain an active lifestyle. Casper offers plenty of outdoor recreation — boating, fishing, hiking, skiing and more. It also has a thriving arts and culture scene.

Methodology: To identify the best city for retirees in states with no income tax, GOBankingRates looked at four factors in the three largest cities in each state: 1) Percentage of the population 65 and older, based on 2010 Census Bureau data; 2) Median monthly rent on homes, sourced from Trulia on Aug. 4, 2017; 3) cost of monthly utilities, sourced from Numbeo on Aug. 1, 2017; and 4) cost of a meal at an inexpensive restaurant, sourced from Numbeo on Aug. 1, 2017.

Best Cities for Retirement in These Income Tax-Free States If you’re looking for a place where your retirement funds will go the furthest, consider moving to a state that won’t tax your income. Of course, taxes shouldn’t be one of the only factors to consider when deciding where to retire. But moving to a state with no income tax could leave you with more money to cover other costs in retirement.

Nov 18, 2017cleverfinance
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