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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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Photo by grandbrothers from Shutterstock

Virginia: Martinsville

Martinsville is similar to Oil City when it comes to their retired population, having the same percentage, but if you’d like to live in a different state other than Pennsylvania, maybe Virginia will be the one to charm you. There are a few differences, the main one being that while they don’t tax the social security benefits, the state does tax your retirement income. This isn’t that much of an issue when you look at how much cheaper you could get a home for here: the average price is around $98,800.

That makes the town a bit more affordable, and if you’re looking at healthcare costs, they’re pretty even between these two cities. The one thing that may put you off may be the crime rate, which goes up to 28.4 per 1,000 people. But when your savings aren’t that plentiful, you shouldn’t discard this charming town just based on that.

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

  1. Janice Prucker says:
    August 2, 2024 at 4:40 pm

    I live in Egypt and love it-housing and food are affordable, health care is good and affordable. Also the people are very nice. If you live in Cairo, there is a large expat community although I prefer living among the locals.

    Reply
  2. Mr. Giant Brain says:
    August 1, 2024 at 5:17 pm

    In Nebraska the home of the corn single mom, tattooed, supper plus sized, rusty mini van wheelen, welfare loven whoes we are taxed to support these loosers. Yes, the corn people let the crooks & murders & rapest out of jail so we get to live in fere for the children of the corn.

    Reply
  3. Marion says:
    July 31, 2024 at 8:44 pm

    I spent 2 weeks on Negros Island and loved it! Much cooler than Manila for example and cleaner.

    Reply
  4. Mark Flint says:
    June 15, 2024 at 12:25 pm

    I could never live in a hot and humid state. I am active and not a chair rocker don’t want to live in an air conditioned box. Cold weather states with snow are the only ones I would ever concider since again I am active with fall and winter activities. Also could not live in the city, love rural living.

    Reply
  5. Lin C says:
    May 12, 2024 at 9:10 pm

    Central WA State, Moses Lake great place to live, growing but safely. 26,000 for now. People friendly, willing to help others, many of all ages, races, ethnic groups living here. No one has a superior attitude. Sales tax is all for WA State. No income tax and each time it is proposed, voters shut it down.
    5 hr drive to the Pacific Ocean beaches, 2 hrs drive east to Spokane. 300+ days of sunshine. Winter snow measured in inches, usual is 3″. Hot Summers, but 90s average. Dry climate. Most storms pass on by and no major storms.
    I have lived in Grant County, WA since 1972. Come visit, check us out this Summer.
    New houses being built and older homes, lots to choose from at low pricing.
    Check out the Moses Lake website. Moses Lake, a better place to work, play, live.

    Reply
  6. Mr. Giant Brain says:
    April 4, 2024 at 2:46 pm

    In Nebraska you get to pay 500 dollars a year to license your 6 year old GMC while in surrounding states it would be 15 to 35 or 45 dollars. Do not try to register your vehicle in other states or the people will get you unless your an illegal looking to rob you blind.

    Reply
  7. Wolfy says:
    April 2, 2024 at 4:47 pm

    I think if I had no more ties to keep me here, I’d take a chance on learning a new language. I’ve got a substantial retirement buffer and quite frankly I’m not sure how much worse it could be in another country. The flippin’ idiots that have systematically boxed millions of decent people into thinking about making this jump because of their naivete in believing the stupid, greedy, mismanagement and lies they’ve been fed, all because they’ve convinced enough of us they were elected and know what’s best. Excuse me but no, I don’t want to drink that Kool-aid any longer.

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

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

    Reply
  9. 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
  10. 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
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