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8 Best States to Retire With Under $1 Million Saved

January 13, 2023 · Enjoying Retirement
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Photo by Damon Shaw From Shutterstock

8. Arkansas

Arkansas is a treasure of natural beauty with its mountains, caverns, and woods. The state has a multitude of laid-back neighborhoods with plenty of fun things to do and delicious food. You can also visit the renowned Hot Springs National Park, which is famous for its 47 natural hot springs. In addition, neither the state of Arkansas nor the federal government levies taxes on Social Security, military pensions, or railroad retirement payments. There are no inheritance or estate taxes, and the state does not levy real estate taxes.

Furthermore, besides all these perks, Arkansas also has an abundance of retirement communities with very laid-back people that are always happy to help you. So, what do you think about moving here?

I hope this article might help you in making a decision regarding your retirement years, and if it was useful, don’t forget to drop us a comment to tell us which  destination is at the top of your list!

Check out: 8 Unique and Affordable Places to Retire.

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