Top Retirement Destinations Beyond Florida and Arizona: Colorado, Tennessee, North Carolina, and South Dakota

Are you nearing retirement age and starting to think about where you want to spend your golden years? While Florida and Arizona may seem like the obvious choices, there are other states that retirement planning experts are recommending as top destinations for retirees.

One such state is Colorado. Known for its stunning Rocky Mountains and outdoor lifestyle, Colorado offers a competitive cost of living in certain areas. Cities like Denver and Colorado Springs may be more expensive, but towns like Canon City provide a more affordable option with a median home price of around $346,000. With plenty of outdoor activities like hiking, biking, fishing, and skiing, Colorado is a great choice for active retirees looking to enjoy nature.

Tennessee has also emerged as a popular retirement destination in recent years. With its natural beauty, range of living options, and tax perks, Tennessee offers a low cost of living and a good balance of urban and rural amenities. Major cities like Nashville and Memphis provide cultural attractions and healthcare facilities, while small towns in eastern Tennessee offer a more peaceful setting with a down-home vibe. The Great Smoky Mountains provide ample opportunities for outdoor recreation and natural beauty.

North Carolina is another state that is quickly becoming a leading retirement destination. With its mild climate, scenic coastline, and affordable housing, North Carolina offers a high quality of life for less than popular alternatives out west and down south. From quiet Appalachian hamlets to vibrant cities, North Carolina has a retirement spot to fit every lifestyle. The state’s temperate climate means plenty of comfortable days to enjoy the abundant natural beauty and amenities.

Lastly, South Dakota may not be on most retirees’ radars, but it offers financial benefits that make it worth considering. The state doesn’t tax income, Social Security benefits, or pension income, making it a great option for retirees looking to maximize their savings. With a median home price of around $290,000 and a cost of living that is 8% lower than the national average in cities like Sioux Falls, South Dakota offers a more relaxed pace of life with plenty of outdoor activities like biking, fishing, and hiking.

So, if you’re starting to think about where you want to retire, consider these four states as top alternatives to the traditional retirement hotspots of Florida and Arizona. With their natural beauty, affordable cost of living, and range of amenities, Colorado, Tennessee, North Carolina, and South Dakota may just be the perfect places to spend your retirement years.