Nephi, Utah
Located in north-central Utah, just south of the Salt Lake City area, this small town boasts affordable real estate prices and a low cost of living, especially for seniors on a limited budget. Maybe that’s why there’s such as an active retirement community there.
The small college town offers plenty of indoor and outdoor activities to suit every type of retiree. Social Security is subject to state income tax, as well as pension income and income from retirement accounts, but retirees are able to obtain certain deductions to offset the costs.
If you don’t want your pension to be taxed, here are 14 States Where Your Pension Won’t Get Taxed.
1 thought on “18 Surprisingly Affordable Retirement Destinations You’ve Never Considered Before”
Not Kahului, Hawaii!! Average home prices over 1 million. Surely you guys are not serious. Cost more than 30% to live there than anywhere else in US. Infrastructure can not handle the locals and tourist at the same time. Most beaches are crowded and traffic is the pits. Do your homework and spend some time there before you send seniors there.