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12 Best States to Retire in 2021

February 19, 2021 · Personal finance
A couple biking through a historic South Carolina neighborhood.
A retired couple cycles down a sunlit brick street lined with historic homes and mossy oak trees.

Colorado

Colorado is a great place to spend your golden years, due to the huge tax benefits, the beautiful scenery and the variety of outdoor recreational opportunities. The Centennial State offers large deductions on all retirement income and has one of the lowest property taxes in the country.

The state had also ranked high in terms of quality of life, wellness and healthcare. In fact, it ranked 8th in the nation for good health by the United Health Foundation. Although the number of seniors in this state is relatively lower than in other states, retirees can still find a lot of affordable and vibrant places to retire, from quiet small towns to thriving metropolitan areas.

Some of the biggest benefits of retiring in Colorado include:

  • Premium healthcare
  • Mild climate, four seasons
  • Numerous outdoor attractions like the Rocky Mountain National Park and Garden of the Gods Nature Center
  • Colorado is one of the most dog-friendly states in the country with numerous dog parks and stores that welcome dogs
  • Perfect combination between big-city amenities and small-town living
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