Florida has the second-largest population of Americans 65+ years old in the country. And it’s not just by chance: warm weather and no state income tax are some of the benefits that draw retirees to the Sunshine State. The problem? Florida isn’t always the paradise retirees expect it to be. During my five years living…
Are you just about to retire, or have you done so recently? Congratulations! If you think there’s no better place to enjoy your golden years than in a state full of sun, sand, and fellow retirees, these are some of the top places to retire in Florida. Over the Hill The Motley Fool staff ran…
Some retirees choose to relocate to a different state, while others set sail for another country. U.S. News & World Report ranked the best countries for retirement based on various factors, including friendliness and a pleasant lifestyle. The United States didn’t make it on the list, so travel-loving Americans might find a more fulfilling retirement…
The retirement age for Americans depends on who you ask. Some say it’s 62, which is when you can start collecting Social Security benefits. Others go by the Internal Revenue Service (IRS) guidelines: 65 years old for people born before 1960 and 67 for those born after. Regardless of the age you plan on retiring,…
Retirement is a valued goal for many hardworking Americans. According to a survey by Lincoln Financial Group, 60% of retirees would go back in time and change the way they planned their retirement if they could. While retirement dreams often focus on gains, the reality may involve letting go of certain things. But, surprisingly, bidding…
As one of the largest and most economically influential generations, baby boomers’ relocation choices matter. Whether they’re retiring or starting new ventures, factors like tax benefits and affordability are driving this generation to flock to these cities in large numbers. Welcome, Boomers SmartAsset used data from the 2022 U.S. Census Bureau 1-Year American Community Survey…
The Golden State is a dream destination for many who can afford its high cost of living. But if you’re unsure which part of California to call home, we’re here to help. Each of these six vibrant cities offers its own unique atmosphere, perfect for a retiree’s lifestyle. 1: Carlsbad Carlsbad is a small city…
Climate, affordability and services are just some of the most important aspects to consider when choosing where to spend your retirement years. Financial technology company SmartAsset uncovered the cities retirees are moving to that are relatively easier on the wallet while offering an excellent quality of life. Decisions Decisions SmartAsset examined migration data from the…
It takes a lot of savings to be able to retire in today’s world. So, the thought of losing all or even part of your hard-earned cash to a scam is devastating. Unfortunately, many scammers target retirees, and they’re often successful. Fraudsters know how to find and attack people where they’re most vulnerable. Even if…
When it comes to retiring, where to spend your retirement years is as important a decision as when to leave the office. A WalletHub study shows that, unfortunately, retirees in one state have it harder than senior citizens in other states. So, before moving state borders during your golden years, you may want to scratch…
