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!
3 thoughts on “Don’t Have Any Savings? Here Are The 8 Best Places to Retire”
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.
Exactly Tom,
Check out the Philippines…you WILL love it.
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.