Illinois: Freeport
Good old Illinois, despite it not being considered to be the best town to retire in, it still occupies a very high place in the grand scheme of things and, depending on what is important to you, may even come before what the experts consider to be the best. Freeport is appealing to many retirees because the state doesn’t tax any of their income, but also because the home price is quite affordable at around $106,000.
Moreover, the crime rate is small (20.94) and a lot of people find it easy to live here comfortably despite not having had a lot in their retirement savings fund! After all, they make up 23% of the population of this town!
I’d MUCH prefer any of the numerous tropical expat destinations! The would not only be less expensive (possibly significantly less), but nicer weather than any of these places.
Pennnsylvania can eat you up with school taxes. Being a commonwealth, the whole state is broken up into townships. So much waste and duplication of services it more than makes up for not taxing social security or retirement income. The school tax is the killer. The state has more tax collectors than the entire country combined.
I retired in Brazil. Free health care which includes unlimited doctor´s visits, hospitalizations, transplants, free hearing aids and cataracts surgery, affordable medicine and many is free.
save places to live with high security, great climate and extremely nice people. You can live well on your Social Security income.
Nowhere is it mentioned about culture, health care, cost of food or gas. Based on your study, I’d rather live in my 40ft Class A motor home.
Move away from Pennsylvania..They tax you for everything and their taxes are outrageous….