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Theres nothing worse for a retiree than variable and unpredictable expenses.
3 Best States for a Luxurious Retirement
3.
Florida
There is a reason that Florida is known for attracting a significant number of retirees.
A year-round warm climate attracts retirees from colder states, echoed Brady Bridges, owner ofReside Real Estate.
This Sunshine State offers outdoor activities and a healthy lifestyle.
Floridas no state income tax policy is an advantage for fixed-income retirees.
Luxury estate living is appealing in Florida due to its lower cost of living than other coastal states.
Hawaii
For so many people, retirement in the Island State is the pinnacle of luxury.
Hawaiisbeautiful beaches, mountains and rainforestsmake retirement peaceful, Bridges said.
The islands natural beauty and outdoor activities improve quality of life, he continued.
Maui, Oahu and the Big Island attract wealthy retirees seeking quiet and luxury.
The states focus on health and well-being and slower pace make it perfect for active retirees.
For that, Iowa would be the state to set your sights on.
Iowa, an atypical luxury destination, offers retirees large estates with seaside places, according to Bridges.
Iowa offers safe retirement due to itslow crime rateand friendly towns.
Outdoor activities, including fishing, hiking and golfing in the state, provide a relaxing break.
3 Worst States for a Luxurious Retirement
3.
Despite its remote location, Alaska has a comparatively high cost of living, particularly for imported items.
Also, for some retirees, the states excessive remoteness and strict culture may be an issue.
Think about the states harsh winters,limited luxury amenities, rising prices and cultural differences, advised Bridges.
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