15 Best States to Retire In
5. Virginia
Virginia’s landscape is richly varied. It includes rolling Blue Ridge Mountains in the west and a beautiful Atlantic coastline in the east. And while summers in more southern regions of the US can be tough, Virginia rewards its retirees with comfortably warm weather all year round. This hence means that you will not run out of activities to indulge in.
What’s more, Virginia has its financial perks too. While the cost of living in Virginia is a bit above average, Social Security retirement benefits are not taxed. Other types of retirement income, such as pension income and retirement account withdrawals are deductible up to $12,000 for seniors.