What are the best states for retirees?
Tax-friendly retiree states include: Florida (no income tax, no estate tax), Tennessee (no income tax), Wyoming (no income tax), Nevada (no income tax). Mississippi, Alabama, and Georgia exempt most retirement income. Avoid: California, New York, New Jersey for high overall tax burden.
More context
Tax-friendly retiree states include: Florida (no income tax, no estate tax), Tennessee (no income tax), Wyoming (no income tax), Nevada (no income tax). Mississippi, Alabama, and Georgia exempt most retirement income. Avoid: California, New York, New Jersey for high overall tax burden. The exact answer depends on your specific situation — the numbers above are a strong starting point, but the right next step is to plug in your actual figures.
For a deeper analysis, use one of the related tools below — they take your specific income, debt, location, and goals as inputs and produce a tailored answer.