Each year Kiplinger Magazine publishes their retiree guide
. Though I am 10 - 15 years away from retirement (if there will be such a thing in the future), it doesn't hurt to do a little advanced planning.
In no particular order, my criteria in selecting a place to retire includes:
- Reasonable real estate prices.
- A mild climate that includes the possible of year-round outdoor activities, such as golf and hiking.
- Top-notch medical facilities within a 100 mile radius.
- Numerous cultural activities within the community, including restaurants, nightclubs, playhouses, art-galleries, a major university nearby, and colonies of artists from all disciplines.
- Low to no state income taxes.
- Low to no state estate taxes.
- Low to no state sales taxes.
- Low real estate taxes.
I'm sure my wish list will change and expand as I grow closer to retirement, and actively begin to research and visit potential locations. Some states that appear attractive to me right now include many of the usual suspects:
- Texas (especially around Austin)
- Arizona (because I've always thought it would be cool to live in Sedona)
I'm not looking for places with high state taxes and lots of state provided services. I want to preserve my capital to use as best I see fit, whether it is for my own personal pleasure or to give to causes I believe in. I want to make sure my family is provided for so they can live free from financial worries. I want to do good for my community as an interested and concerned individual. Such are my simple-minded dreams. I'm sure there are other retirement destinations to research beyond my current thinking. What other places should I consider?
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