10 Places To Retire and Pay Way Less In Taxes
iStock.com/SeanPavonePhoto
3. Mississippi, USA
This southern state is super inviting for retirees. You won’t be expected to pay tax on Social Security or any other retirement based incomes. You might also consider Texas, Illinois, Nevada, Pennsylvania, South Dakota, Washington, and Wyoming, as these states also have an exclusion of taxes. However, a few of these states will drive up property and sales taxes to make up for the low retirement tax. As well as this the state is known for its beautiful nature and comfortably warm weather. However, here retirees should be more careful when choosing specific location to retire in, as the state has a higher crime rate.
