10 Places for Seniors to Retire and Pay Way Less in Taxes


2. Florida

Source: Pixabay.com

Long considered one of the premiere places to retire, Florida is a smart choice if you’re concerned about taxes. Florida doesn’t have a state income tax, which helps you save in taxes, and also features just a 6% sale tax. Income from Social Security or pensions is exempt from taxes. The weather is enjoyable and if you love warm spots, it may be the place for you. Florida has plenty to offer for retirees including golf courses, sunny beaches and more. The one trade-off is the chance of inclement weather in the form of tropical depressions or hurricanes, so be aware of this.

2 of 10