Is Texas a retirement friendly state? The majority offer warmish weatherthree are in Florida, with two each in Arizona, Georgia, North Carolina, Texas and Virginia. I estimate my monthly retirement income in the range of $3,750 to $4,200. See how they fared in WalletHub's Best Cities for Veterans. The Best Places to Retire in 2022-2023 - US News & World Report It's an active town, with people always out walking, cycling, and boating and the. Whether you're seeking warmer weather, affordable housing, lower taxes or engaging leisure activities, you will be able to find it somewhere in the state of Texas. You'll get access to high-quality healthcare, recreation, and cultural attractions. Locals say Conroe still has a small-town feel, but its status as the seat of Montgomery County means it also has a bustling, historic downtown. For more information, see our Form ADV Part II and other disclosures. San Antonio has an energy that's both lively - due to the upbeat Hispanic culture - and laid-back. If charming small towns are your thing, Cameron is the place for you. The consent submitted will only be used for data processing originating from this website. 1. Finally, we calculated the percentage of the citys population thats made up of senior citizens. Texas destination makes list of 11 best cities to retire in U.S. - Chron Outside of work, you can likely find her curled up on the sofa with a hot cup of coffee, watching a crime TV show or scary movie. Very pretty, though expensive homes, each uniquely designed. (The name is a hint that the town was founded by German immigrants.). The cost to buy is ridiculous and rent is very high. Subscribe to our daily newsletter to get investing advice, rankings and stock market news. Its one of the best retirement communities in Texas, though, due to its healthcare industry. Killeen, Texas, is located in east-central Texas and has a population of about 156,000, according to the latest U.S. census. For the second year, we also considered climate change and disaster risk. This community was the safest I have felt in years. Retirees may be able to visit or volunteer at the Texas State Aquarium, USS Lexington or South Texas Botanical Gardens and Nature Center. NewHomeSource.com is a trademark of Builders Digital Experience, LLC and all other marks are either trademarks or registered trademarks of their respective owners. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. The Texas certified retirement community program is run by the Texas Department of Agriculture. (You can audit classes at no cost, too, without a limit on credit hours.). Brownsville is bordered by Matamoros, Mexico. 3 Niche users give it an average review of 4.7 stars. Whats our next move? One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. 7 Niche users give it an average review of 4.7 stars. It offers countless opportunities to explore the outdoors while also enjoying the young city life. This is a gated community located on the outside of Granbury. As the Nagels understood only too well, powerful hurricanes and increased flooding on the low-lying East and Gulf Coasts are a growing threat to the finances and wellbeing of retirees who have clustered in those areas. Want to see how your favorite Texan city stacked up? Have a question? With Lone Star College . What makes it so appealing? Our oldest child's best friends went to 5 different high schools, each of which best suited their interests and strengths. The 10 Best Places To Retire In Texas Based On Three Factors 5 Niche users give it an average review of 4.2 stars. Philadelphia may not seem like the most obvious place to settle down into retirement the big, old, noisy East Coast city is as famous for its grumpy sports fans as for its history. Plus, we consider factors that promote an active retirement. We went through two hurricanes in a year, explains Steve, 60, who is now winding up a career at oil refinery and chemical plants in the U.S. and abroad. Residents can enjoy a thrilling day at Six Flags Fiesta Texas, or simply take a leisurely stroll along, Brownsville boasts a fascinating blend of Texas and Mexican culture due to its location right near the border. This is a gated community located on the outside of Granbury. The last thing any of us wants in retirement is to be unnecessarily squeezed. Download our new guide to help safeguard your retirement. While New Braunfels has a hospital, you could also go to San Antonio or Austin for care. The place, in this case Santa Fe, with the lowest average rank was crowned the best of the best, a place for you to start your second careers. The quality of life is high, medical care excellent, and Hispanic culture is strong and celebrated. You'll make lots of friends too - 20.1% of residents here are 65 or older. A warm climate and plenty of bustling towns make it popular with many retirees. 28 Niche users give it an average review of 4 stars. Where is the cheapest place to retire Texas? - 2023 Read:There is more to picking a place to retire than low taxes avoid these 5 expensive mistakes, Also:Health care will cost this much in retirement but probably even more. This Gulf Coast town is one of the best cities to retire in Texas if youre looking for a beachfront community. You still find Texas horse country and small towns to the north and west. My family moved into hideaway for the security and multiple opportunities it has to be engaged in the community such as the beach and clubhouse. OnlyInYourState may earn compensation through affiliate links in this article. I will be buying a house and selling the one in Maine. Please, 2022 Places with the Lowest Cost of Living. Corpus Christi Population: 429,120 Share of population age 60+: 20% Median monthly mortgage cost:. It has the lowest occurrence of hail, lightning, tornados, and floods. From the elementary school being in the neighborhood to all the events that our kids get to attend. Get Forbes daily top headlines delivered straight to your inboxfor news on the worlds most important entrepreneurs and superstars, expert career advice and success secrets. Texas State has 38,000 students and will let you earn up to six credits per semester for free if you are at least 65 years old. The Bible classes and the chapels are designed for us to grow and learn more about God. Listmakers were selected based on an assortment of data and amenitiesfrom affordability and action to walkability . Healthcare options are also important to seniors, so we calculated the . Read 123 reviews. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Join the line of people heading to the Lone Star State about 1,500 every day in 2018. Although you will find a relatively low cost of living in some areas, its important to note that both sales taxes and property taxes are higher than many states. Photo credit: iStock.com/Davel5957, iStock.com/JasonDoiy, iStock.com/Stgur Mr Karlsson /Heimsmyndir. Brownsville-Harlingen tops the list as the cheapest place to live in Texas. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. But youll get a break on Social Security tax in many states that do have a state income tax, so the benefits wont be that notable. Not to mention, the schools are fantastic! What's the average retirement income for 2022? Best Places to Retire in Texas in 2022 - Investment U It's a very niche community that celebrates fun events, but it does have a reputation of a rich neighborhood, and diversity is welcomed, just rare. Some cities are more historic in nature, while many others are more geared toward families and suburban life. Population: 288,061. It is so close to all facilities, grocery stores, doctors, hospitals and all the sports available in the Texas Hill Country. Another interesting tidbit is that it is home to the. Your email address will not be published. Just a word of caution: Maine to Texas is quite a temperature switch, so consider investigating your possibilities during the summer. From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. Builders Digital Experience, LLC. At the end of the day we answered that burning question that brought you here -- what are the best of the best when it comes to retirement cities in Texas? Active adults will also love the parks and gyms throughout the city. This left us with 226 places from across the state. Our 2021 roster contains 25 spots in 18 states across all four continental time zones, representing a wide range of size, climate, culture and politics (though those play no role in our decision-making, we do note the 2020 Presidential vote in our full profiles). Although many of the activities are geared toward families, two senior centers ensure retirees have plenty to do. Discover the schools, companies, and neighborhoods that are right for you. For flexibility and a sense of purpose, consider these jobs for people over 50. Best cities to retire in Texas. History lovers often choose Fredericksburg for a Texas retirement. Sources for our data include zillow.com, trulia.com, bestplaces.net, the National Association of Realtors, the U.S. Bureau of Labor Statistics, websites of individual state tax agencies and the latest Milken Institute report on Best Performing Cities. After growing up in Lakeway, I can not wait to bring back my own family some day to this area. Featured Review: Current Resident says Woodway is a beautiful, oak tree-filled town on the outskirts of Waco, TX. This suburb does a great job about catering to. Current Resident: It's a great place to live. The 10 Best Small Towns To Live In Texas For 2022 Spring Valley Village Rollingwood Hollywood Park Southside Place Bunker Hill Village Taylor Lake Village Castle Hills Piney Point Village Olmos Park The Hills What's the best small town in Texas? What happens to my Social Security benefit if my husband dies. Nearby Resident: Shavano Park is an established neighborhood that conveniently located near good schools, grocery stores, and retail shopping. The town is close to Houston and Sugar Land, both of which offer plenty of options for recreation and entertainment. We and our partners use cookies to Store and/or access information on a device. While driving through the neighborhood you are filled with so much joy. Things to do (Museums, Colleges, and Libraries in town), Distance to the closest international airport. Annuities provide steady income in retirement, but some financial planners prefer alternatives. Some of the equity will be used for college. It's that time of your life when you deserve an indefinite vacation -- retirement. 25. Heres what you need to know about moving to Puerto Rico for retirement. Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. I hope we get to have that again one day. Corpus Christi Population: 429,120 Share of population age 60+: 20% Median monthly mortgage cost: $1,527 Median monthly rent: $1,048 The. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Brownsville 7. But Philadelphians know their city as a green, welcoming, community-minded place. Katy, located just a half hour west of Houston, leads this list and is also in the top 20 places to retire across the U.S. While the overall tax burden is low, sales and property taxes are on the higher side. You can find out more about him on LinkedIn or his website. They have made every senior feel very special and have been there for them all. The Best Places To Retire In 2021 - Forbes A financial advisor can help, and SmartAssets, A workplace retirement savings account like a 401(k) can help you save for retirement. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. Many of the towns we've featured here have topped one list or another depending on who is putting together the rankings. Time to drop the disability coverage and review your other plans. Fredericksburg is the peach capital of Texas and boasts abundant agritourism. So there you have it, the best place to retire in Texas goes to Santa Fe. Whatever you are passionate about, whether that be in the area of athletics or the arts, they have an activity/class available for you to master and expand your God-given talent. Where to look? if(window.innerWidth<700){ezoicSiteSpeed(jQuery(document),String(/documentReady/).substring(1).slice(0,-1),String(/jQuery-document-dot-ready/).substring(1).slice(0,-1),function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display","none");$("#skip_expand").on("click",function(){$("#toc ul").toggle()});$("#toc h3").on("click",function(){$("#toc ul").toggle()});});}. This translates to easy access to all of the charms of a college town, including sports and culture. Looking to retire deep in the heart of Texas? Texas retirement guide | Texas Best Places to Retire | Top Retirements Visit a quote page and your recently viewed tickers will be displayed here. This is not an offer to buy or sell any security or interest. But Covid-19 also led to a jump in the number leaving the workforce3.2 million retired in 2020, more than double the number the year before. Population: 12,782Rank Last Year: 6 (Up 5)Median Rent: $897Distance to Closest Airport: 16 milesMore on Santa Fe: Real Estate|Data|Photos, Population: 14,480Rank Last Year: 4 (Up 2)Median Rent: $1,051Distance to Closest Airport: 21 milesMore on Lockhart: Real Estate|Data|Photos, Population: 10,864Rank Last Year: 1 (Down 2)Median Rent: $1,064Distance to Closest Airport: 30 milesMore on Fredericksburg: Real Estate|Data|Photos, Population: 30,754Rank Last Year: 3 (Down 1)Median Rent: $1,497Distance to Closest Airport: 7 milesMore on Southlake: Real Estate|Data|Photos, Population: 16,154Rank Last Year: 16 (Up 11)Median Rent: $939Distance to Closest Airport: 30 milesMore on Taylor: Real Estate|Data|Photos, Population: 11,654Rank Last Year: 7 (Up 1)Median Rent: $719Distance to Closest Airport: 79 milesMore on Port Lavaca: Real Estate|Data|Photos, Population: 19,408Rank Last Year: 11 (Up 4)Median Rent: $1,039Distance to Closest Airport: 34 milesMore on Angleton: Real Estate|Data|Photos, Population: 24,071Rank Last Year: 8 (No Change)Median Rent: $948Distance to Closest Airport: 52 milesMore on Kerrville: Real Estate|Data|Photos, Population: 15,997Rank Last Year: 10 (Up 1)Median Rent: $833Distance to Closest Airport: 86 milesMore on Gatesville: Real Estate|Data|Photos, Population: 18,001Rank Last Year: 30 (Up 20)Median Rent: $797Distance to Closest Airport: 2 milesMore on Alice: Real Estate|Data|Photos. Why did Santa Fe take the top spot? There are 4.34 medical centers per 1,000 residents, the second-lowest number on this list. Steve and Kathleen Nagel had two special requirements as they searched for a retirement locale last fall: plentiful medical specialists (Kathy, 64, has health issues) and no risk of hurricanes, a perpetual threat to their old home in Lake Charles, 30 miles off the Gulf of Mexico. One notable and welcome change this year: With the pandemic seemingly coming under control, weve restored to the list some college towns omitted last year for fear the pandemic would deprive them of the low-cost cultural and educational opportunities that make them so appealing. Texas A&M is 65 miles away in College Station. Download our guide to help safeguard your retirement from economic shifts. Best Cities for Veterans to live includes 12 in Texas Wichita Falls 10. This suburb does a great job about catering to all ages. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . and have not been previously reviewed, approved or endorsed by any other 4 Niche users give it an average review of 3.8 stars. Though that ties it with Woodway and Webster for the highest tax burden on this list, this rate is not terribly high comparatively speaking. It is also a beautiful place to live.. 4 Niche users give it an average review of 4.3 stars. Are you surprised to see any of these cities on the list? The city also has 1.53 recreation centers and 0.57 residential communities per 1,000 residents, placing it fourth on this list in both categories. The doctor data comes from countyhealthrankings.org while air ratings are from the U.S. Environmental Protection Agency. Americans are living longer than ever, and that creates some challenges for retirees. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. Katy. A dozen Texas cities were in the ranking including: Austin, Fort Worth, San Antonio, Laredo, Plano, Arlington, Dallas, El Paso, Lubbock, Garland, Houston and Corpus Christi. #2 Best Places to Retire in Texas Shenandoah Suburb of Houston, TX 4 reviews A minus Overall Niche Grade A+ Public Schools A+ Good for Retirees Population 3,350 View nearby homes #3 Best Places to Retire in Texas Hollywood Park Suburb of San Antonio, TX 12 reviews Current Resident: This is such a family friendly neighborhood. Very safe, friendly with abundant hiking trails and scenery and great access to 2 championship Jack Nicholas Courses, World of tennis, Lake Travis around the corner and Hill Country Galleria minutes away. I came in as a freshman and all the teachers, administrators, and students welcomed me with open arms. To get a sense of the housing market, heres whats on the market now. Check out how much you can expect to have saved by retirement with our free, If you dont think Texas is for you, you can check out the best places to retire in other states. The couple investigated Nashville, Austin, Tex., and Asheville, N.C. As part of their online research they came across a Facebook group touting the eastern Tennessee city of Knoxville. This community was the safest I have felt in years. Texas is home to dozens of active adult communitiesincluding many that stand out for single retirees.If you are looking for Texas homes for sale away from crowded cities and also happen to be single, read on. Scenic and far from hurricane paths, Knoxville is home to the University of Tennessee and its medical school, which translates into lots of doctors, restaurants and entertainment. Other notable cities include Fredericksburg and Southlake, a city that got 10/10 on our snackability scale. Hideaway is filled with old residents but the new and young ones keep it live and well. Ask our Retirement expert. Featured Review: Current Resident says LIved here than 5 years and is a gem. A walking and biking trail, the 19-mile A-train Rail Trail connects Denton to similarly sized Lake Lewisville. Best City To Retire Texas - CultureMap Austin Our family feels truly blessed to have found a school home that cares about our children and our family. Typically, Texass lack of an income tax makes up for those tax hikes. Here are the best cities to retire in Texas: Population: 429,120Share of population age 60+: 20%Median monthly mortgage cost: $1,527Median monthly rent: $1,048. Since each persons retirement needs are unique, though, its best to assess your own financial situation. We eliminate from consideration cities with beyond-the-pale crime rates as well as places that are well below the national average when it comes to physicians per capita or air quality. America's second-most populous state is a haven for retirees. Georgetown's population has increased 10.5% over the past year to . Seniors account for 29.70% of Granburys population, the second-highest percentage on this list. Granbury is located just an hour from Dallas, where you can enjoy all that the city has to offer in terms of culture. Youll also find all the dining and shopping you need both downtown and in the surrounding suburbs. I will be moving from Maine within the next five years and would like a location that has freshwater and some national or state parks. Retirable can help set you up with a plan for achieving your retirement goals no matter where you decide to live. Increased spending increases the risk of depleting your savings and performance is not guaranteed. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). In November they closed on a one-story on the outskirts of Knoxville, where they are now living happily.