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For some retirees, that means moving abroad to places like Costa Rica or Portugal.
But you dont have to leave the country to find a relatively low cost of living and positive amenities.
From recent housing data, the top three markets for retirees are Florida, Texas and Virginia.
Lets take a closer look at whatthese three states have to offer.
But thats slower than the 4.3% national gain.
For example, housing values in Miami have jumped by 8.7% in the past year.
Meanwhile, Florida offers other financial advantages, like nostate income taxand no Social Security tax.
That could help some retirees save money, especially if they plan to work part time.
Florida also does not have an estate or inheritance tax.
And you’re able to find a wide range of climates in Texas to suit your preferences.
Additionally, some areas of Texas are seeing declining home prices.
There are beachy communities, historic towns and midsize cities as well.
Statewide, home values have ticked up sharply 6% over the past year, according to Zillow.
And in Martinsville, home prices have seen a year-over-year decline, per Redfin.
So you might be able to score one at a discount, depending on where you look.
Overall, these three states have the potential to give retirees a great life.
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