Delaware may have been the first state; but it's probably not the first one to come to mind when you think of retirement. Where to Retire in Ruidoso and Home Prices: There are a number of new developments suitable for 55+ residents in the area (see link at top right). You’re Still Close to the Action. The Advantages of Retiring in Delaware. Up to $ 12,500 of retirement income is tax exempt for those who are 60 and older. In our search to identify the best and worst states for retirement, we evaluated the cost of living, cost of care, percentage of the population over 65, as well as first-hand data from Retirement Living readers. Pennsylvania is one of the most lenient taxing authorities in the country, making it financially advantageous to move there for retirement. Explore the State of Delaware’s rich history, natural beauty, and tempting trails. Here Are The 5 Best Towns In Delaware To Retire In. As a hub on the eastern seaboard, Delaware is often overlooked, but it shouldn’t be. But future retirees looking for a retirement spot elsewhere in the United States might want to consider the First State. New castle and Wilmington would be those type of areas. Let’s take a look at the top four drawbacks of retiring in Delaware. Verdict on the Pros and Cons of Living in Delaware. If you want to retire to Delaware, you’ve got great instincts and an exciting future to look forward to. Men retire at an average age of 64, while for women the average retirement age is 62. (As someone that hails from an area where you get charged 13% on everything, that's amazing) Cheap booze. Delaware is an often overlooked destination, perhaps because it's overshadowed by its larger neighbors. It has state parks which have trails to walk, run, or bike. Not only does it have large parks, Newark is home to the University of Delaware. Delaware certainly offer some challenges that are worth considering, but there are also some significant benefits that are worth taking a closer look at right now. Delaware has its drawbacks for retirement despite a recent top ranking by Kiplinger. 1.

While many states have pros and cons when it comes to retirement, Kiplinger compiled the 10 most tax-friendly states and the 10 least tax-friendly states: Most tax friendly. There are towns in sussex county that are nice beachy areas if you don't mind the traffic/tourists in the summer. Right now, the average person living here is 44 years old. Niche User: Our police ... #24 Best Places to Retire in Delaware. There is no place that is 100% perfect when you start to look for a new home. Maine is often the oldest state in the country when you look at the average age of its residents. Pros and Cons of Retiring in PA. Let’s take a look at the top five benefits. The Cornhusker State is the best state to retire, according to a new Bankrate study, followed by Iowa, Missouri, South Dakota and Florida. This state guide to best places to retire in Delaware can help simplify your retirement research. In 2009 Topretirements wrote a special feature about New Mexico retirement, including pros and cons.

Tax Benefits: Southern Delaware’s Financial Advantage. Some people opt to live in cabins or small houses in the surrounding mountains. Compare The Best Retirement Options in Delaware . Here are 10 reasons why. Close to multiple metro areas. Deciding where to retire requires careful planning and some research.

Why I Love DE! There are beautiful beaches all along the coast, beaches that are rated among the 10 best in the country. Well if you like more city type of area then northern delaware would be where to go. Delaware Best Places to Retire - A Guide. Coastal living (at least in Sussex county) Quite a few beaches to discover. Pros: No taxes! Rehoboth Beach beach scene. Check out what makes these five towns in particular the perfect places to retire in Delaware. Maine tends to be closer to a retirement community than a thriving neighborhood. Share your story with us. To evaluate the cost of living, we compared the median income and the average home price for the state. Small cabins are available in the low $100's. Proximity to the beaches and cities, plenty of small towns, an abundance of recreational activities and even low tax rates overall make this an idea place to settle down once you’ve retired. ... Delaware is a great place for vacationers and for retirees. For each Delaware retirement town or active adult community profiled in "The First State" you will get detailed facts, objective insight, photo, Google Map, and more. Current Resident: Newark, Delaware is a small town thirty minutes from Philadelphia. Delaware is the perfect state for retirees! Updated 5/20 .