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Don’t Have Any Savings? Here Are The 8 Best Places to Retire

June 30, 2022 · Saving & Spending
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Best for low savings West Virginia: Bluefield

When taking everything into account, despite not having the cheapest prices when it comes to houses (almost $95,000), Bluefield is still considered the best when it comes to people having little to nothing in their savings accounts. This also comes as a shock since the state does tax both social security and retirement income!

Yet, everything else is so much more affordable, from how much people spend on average annually, to how much less expensive healthcare is in this state compared to others. Moreover, the city is considered to be really safe, with only 16.77 violent crimes for every 1,000 people! It’s up to you if you want to give West Virginia a chance, but we think it’s a sound bet!

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33 comments on “Don’t Have Any Savings? Here Are The 8 Best Places to Retire”

  1. Tom says:
    November 25, 2022 at 2:50 am

    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.

    Reply
  2. Karl says:
    April 12, 2023 at 11:25 pm

    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.

    Reply
  3. Alexander says:
    April 1, 2024 at 5:27 pm

    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.

    Reply
  4. c says:
    April 2, 2024 at 11:43 am

    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.

    Reply
  5. Ed says:
    April 2, 2024 at 1:06 pm

    Move away from Pennsylvania..They tax you for everything and their taxes are outrageous….

    Reply
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