Is Nevada or Arizona a better place to retire?

Arizona exempts Social Security and some pensions from taxation. Nevada has no state income tax or inheritance tax, making it the ideal state for someone who has a high income in retirement or a substantial 401(k) or IRA that they will be forced to distribute at 70.5.

Is Arizona a good state to retire in?

Arizona is a great state for retirees! Its fabulous weather and scenery are perfect for active adults that want to get out and enjoy nature. You can live an exciting, and often allergy-free, life when you spend your golden years in Arizona.

Is it cheaper to live in FL or TX?

A study reveals that living in Florida is 11 percent more expensive than Texas. When compared to the national average, both Texas and Florida are a little lower than the average cost of living in the US. Data by C2ER shows that Texas is 9\% lower, and Florida is just a percent lower than the national average.

Is Social Security taxed in Arizona?

Arizona, rated by Kiplinger as one of the nation’s most tax-friendly states, does not tax your Social Security benefits (unlike these states that do).

Is Nevada cooler than Arizona?

In winter, both cities have very tolerable temperatures. The average winter low in Phoenix ranges from 44°-48°, while Las Vegas sees slightly cooler temperatures with average lows of around 38°-42°.

Which state is hotter Texas or Florida?

During every season, Florida, Louisiana and Texas are consistently among the top four of the nation’s hottest states, based on state-wide average temperatures. Florida ranks overall as the warmest state year round. The group of tropical islands ranks second to Florida as the country’s hottest state.

Do seniors get a discount on property taxes in Arizona?

If you’re over age 65 in Arizona and are on a fixed income, you may be eligible to significantly reduce your property tax bill. This program provides property-tax subsidies to seniors in the Senior Property Valuation Protection Program, typically cutting their bills in half.