Since each persons retirement needs are unique, though, its best to assess your own financial situation. Santa Fe, Texas. It has a 16.70% tax burden. We analyzed over 211 places in Texas to identify the ones that offer the most to retirees. All rights reserved. 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? 10 Great Small Towns to Retire - US News & World Report In close proximity to the excitement of Houston, the, Waterfront cities are always coveted retirement destinations, so it's no surprise Corpus Christi made the list. The cost to buy is ridiculous and rent is very high. How We Determined the Best Places to Retire. The 2022 roundup spotlights 25 retirement-friendly cities across the country. The last thing any of us wants in retirement is to be unnecessarily squeezed. 6. Senior insurance needs are different. The study included data about housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. It does attract a decent tourist population, but this also means youll have plenty of restaurants and shops nearby. Featured Review: Current Resident says I live in the Barton Creek area and I have always felt very safe in this neighborhood. Last year, we consulted a University of Notre Dame Urban Adaption Assessment which focuses on issues like sea level rise and heat. Builders Digital Experience, LLC. Texas may not be the most tax-friendly state for retirees, but it does have a low cost of living. 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()});});}. The tax burden in Katy is 16.40%, placing Katy seventh on this list for that metric. #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. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Well, you might assume it would be a big city like Austin or Houston, but the reality is a little more nuanced. Her work has appeared on Money Under 30, The Motley Fool, MoneyGeek, E-commerce Insiders, and GoBankingRates. I estimate my monthly retirement income in the range of $3,750 to $4,200. 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. A warm climate and plenty of bustling towns make it popular with many retirees. Average Retirement Savings: How Do You Compare? 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. It has a 65 . 10 Best Cities to Retire in Texas in 2023 - Retirable 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. It is not far from the world famous Blue Bonnet Caf. It has 7.31 medical centers per 1,000 residents, which is on the lower end for this list, but is still a good number compared to cities in some other states. Although many of the activities are geared toward families, two senior centers ensure retirees have plenty to do. 5 Niche users give it an average review of 3.4 stars. This Gulf Coast town is one of the best cities to retire in Texas if youre looking for a beachfront community. My friends and I love to drive through that neighborhood and admire the homes that are there. Love Texas? Best Places to Retire in Texas in 2022 - Investment U Youll also find all the dining and shopping you need both downtown and in the surrounding suburbs. Retirable, Inc. ('Retirable') is an SEC registered investment advisor. If I had a choice I would have lived here from the beginning rather than move here in the 5th. Current Resident: 10/10 experience would recommend, We have a brand new community center and pool with a basketball court, sand volleyball court, tennis courts, walking path, and exercise equipment. Is it better to retire in Nevada or Texas? - 2023 Texas's largest city clocks in at #120. We just kept putting on and taking off masks, Steve shrugs. Living on a golf course or near the lake is a. Current Resident: Decordova is located in Granbury, TX. But what makes it one of the best retirement communities in Texas is its many parks and walking trails. Spindletop, the site of the largest oil discovery in Texas history, is located here, and a museum commemorates its far-reaching influence. Best known for its Riverwalk, San Antonio is among the best towns to retire in Texas for its history. the ages range from newborn to grand parents and not once will you not feel included in this neighborhood. The new spending bill makes it easier to save for retirement. December 31,2021 . This fast-growing city of nearly 90,000 is 40 miles north of Houston and abuts Lake Conroe, a 33-square-mile lake, and is close to Sam Houston National Forest. However, empty land is rapidly filling up, and its only a matter of time until the DFW megapolis fills the I-35 corridor up to the Oklahoma state line. Schedule your FREE Retirable consultation today. We love that the school ends in 8th grade and students get to explore which high school is the best fit. The 5 Best Places To Retire. 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. Featured Review: Current Resident says Hideaway is an amazing place to live. While this community of 100,000-plus has an upscale reputation (and upscale shopping in its downtown), there are some homes at lower price points. 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. We compare data on nearly 800 places, with populations above 10,000, in all 50 states. A part-time career could mean a stressful future if you don't use some of these tips to prepare for retirement. The community center is a major hub where so many of us got our start in sports - soccer, football, baseball, and vollyball. There are also 0.46 retirement communities per 1,000 residents. After growing up in Lakeway, I can not wait to bring back my own family some day to this area. Read 27 reviews. 25. 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. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. It's a great place for kids and adults and welcomes all other communities to join the fun, too. Living on a golf course or near the lake is a great choice and the security here is excellent with virtually no crime. Read 2 reviews. Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. and have not been previously reviewed, approved or endorsed by any other The Best Places to Retire in Texas - Yahoo News Port Arthur Percentage of the Population Over 65: 12.7% Median Home Value: $65,800 Most Recent Annual Number of Violent Crim es: 344 Most Recent Annual Number of Property Crimes: 1,203 Live entertainment would be a plus! Retirable can help set you up with a plan for achieving your retirement goals no matter where you decide to live. Niche ranks places to retire based on a variety of factors including cost of living, health care . Very pretty, though expensive homes, each uniquely. Current Resident: What a great place to live. Retirement in Texas comes with mild winters, low taxes and affordable housing. 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. You must be at least 18 years of age to become a Retirable Premium user. We love the community and everything it. Huntsville Independent School District, TX, Senior: TOPS is a wonderful school! (Read about why, here.). 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. Livingston is a good place to retire if youre into boating and fishing, as its very close to the Trinity River. The consent submitted will only be used for data processing originating from this website. Read 31 reviews. If you're not ready to hang up your office apparel yet, then these places might be up your alley: Chris Kolmar has been in the real estate business for almost ten years now. Other options are the University of Texas at San Antonio, less than an hours drive from either New Braunfels or Canyon Lake, and the University of Texas at Austin, less than an hour from New Braunfels. Featured Review: Parent says Good Shepherd is such a special, one-of-a-kind school! We are in close proximity to anything we might need living here and surrounded by neighbors we love. This year, we also used the new FEMA National Risk Index for Natural Hazards which calculates for every county a vulnerability measure for 18 natural hazards, including flooding, hurricanes, landslides, earthquakes and wind. Current market conditions bring both opportunity and risk. Featured Review: Nearby Resident says Alamo Heights has an excellent school district, safe neighborhoods, and easy access to all amenities life requires.. Current Resident: I live in the Barton Creek area and I have always felt very safe in this neighborhood. Deciding where to retire is no easy task. What happens to my Social Security benefit if my husband dies. 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. I am tired of both the rat race and workplace politics. Should I retire? 17 What should I know before moving to Texas? If you haven't done these things by age 50, it could be too late to do them well. HomeSnacks is reader-supported. 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. Current Resident: Lakeway is the best place to grow up/raise a family! Brownsville-Harlingen tops the list as the cheapest place to live in Texas. You can download the data here. They also wanted low taxes and reasonable living costs, mild weather and a lively cultural scene. For entertainment, you dont need to go all the way to Houston. Featured Review: Current Resident says What a great place to live. The town has 17.60 medical centers per 1,000 residents, which is the most of any city on this list. 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. 16 What is the safest city in Texas to live in? Download our new guide to help safeguard your retirement. We considered many factors when determining which cities were the the best places to retire in Texas. To be sure, the Lone Star State has plenty to offer those who have left the working world behind and are looking for somewhere to spend their retirement. Get more stories delivered right to your email. Conroe isnt a retiree haven, although it does attract plenty of snowbirds. Featured Review: Current Resident says Lakeway is the best place to grow up/raise a family! It is a diverse neighborhood and they are all good people as well.. Current Resident: Highland Park is a very friendly neighborhood, but it's also known as a bubble of its own. But look at rapidly growing Denton. These two big schools also offerauditing options. We also have road runners galore and even used to have a Road Runner Festival on Memorial weekend before Covid. Best cities to retire in Texas. It is gorgeous with its lush green gold course and three lakes to fish in. As an added bonus, the tax burden in Granbury is 15.30%, which is on the lower end of this list. That is a rare find, folks. If you like to golf, youll have plenty of choices. Plano. Why did Santa Fe take the top spot? Brownsville is another larger city that made the top 100 best US cities to retire in at #97. Texas is hot, hot, hot that time of year, and you dont want to discover you hate the weather after youve paid for a move. 6 min read. Here's a look at the most recent IRA and 401(k) tax reform laws. 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. You can't beat the schools (Hidden Forest, Bradley, Churchill) and teachers. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. Where To Retire In Texas. We love the community and everything it has to offer. Best Parent Student Loans: Parent PLUS and Private. Best Places to Retire in Texas | Stacker From beautiful beaches to great food to a comfortable climate, and even the, McAllen is a border town that serves as the retail, international trade, tourism, and manufacturing. 123 Niche users give it an average review of 4.3 stars. While New Braunfels has a hospital, you could also go to San Antonio or Austin for care. Quality healthcare and cultural attractions make it popular with retirees. Retirable can help set you up with a plan. It also has good proximity to Houston where you can enjoy all the amenities the big city offers while living in a small, quaint town. In addition to being close to Austin and the University of Texas, there are attractions like the Longhorn Cavern State Park and the Highland Lakes Air Museum nearby. If youre the student, depending on the school you pick, you may qualify for reduced or even free tuition as a senior citizen, freeing up some of your budget. A little bit in the middle of nowhere, but the view is worth it. Read 16 reviews. 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. Jim Barnash is a Certified Financial Planner with more than four decades of experience. Best Places to Retire List - Forbes The Best Places to Retire in Texas - US News & World Report Nearby Resident: Shavano Park is an established neighborhood that conveniently located near good schools, grocery stores, and retail shopping. 48 Niche users give it an average review of 3.9 stars. People are always supporting other people, other businesses. Today, Katie writes for the Texas and Arizona pages of OnlyInYourState.com and has never been more passionate about a job before. A health savings account is a beneficial tool for retirement planning. Small school nearby, and about 5,000 residents in total. Some Texas cities, though, have more to offer retirees than others. Here are the best cities to retire in Texas: Next: 10. Set to the north of Houston, Humble ranks fourth on this list for medical centers. Best Places to Live and Retire Now - AARP 3 Niche users give it an average review of 3.7 stars. 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. You play an instrument? Healthcare options are also important to seniors, so we calculated the . The Best Places To Retire In 2021 - Forbes America's second-most populous state is a haven for retirees. There's also a massive retirement community for those age 55 and older called Sun City Texas, which has over 15,000 residents.
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