Maryland
Perhaps Maryland is the best place for you to retire. The state has a population of 6 million people, and Chevy Chase Village is popular among retirees. Seniors have the second-highest average household income in the country, at $70,874. This may be sufficient to compensate for the cost of living, which is 17% higher than the national average. There are also plenty of things to do in and around the state, such as visiting Baltimore or Washington, D.C. Individuals make more money than most places in the United States, but keep in mind that they are heavily taxed. Individual retirement account distributions are taxed, but Social Security is not. Inheritance and estate taxes are also levied.
Maryland
Colorado
Let’s see if Colorado is the right place for you to retire. It is home to 5.4 million people and has a cost of living that is 17% higher than the national average. Colorado Springs is the most beautiful city in the area. The state came in fourth place in the United Health Foundation’s senior health rankings. Do you think residents of the Centennial State will live to be over a century old? Keep in mind that the real estate market in Denver and other cities are extremely competitive. You’ll have to adjust to the state’s high elevation as well, but the weather is generally pleasant.
Colorado
