Retire Early
Lifestyle
Retirement; like your parents, but way cooler

In 1991 Billy and Akaisha Kaderli retired at the age
of 38. Now, into their 4th decade of this
financially independent lifestyle, they invite you
to take advantage of their wisdom and experience. |
|
Best States
on the West Coast for Early Retirement
Jennifer
Walton

Generally speaking, preparing for your
retirement is rather important in the long run, even more when planning to
retire early. These preparations can be fairly involved, and one of the biggest
parts of these preparations is choosing a retirement location. After all,
the place you retire in can have a pretty big impact on your retirement
experience. So, choosing the right state to retire in is fairly important, and
this choice can be fairly difficult. This is because everyone has different
requirements, and there are a lot of states which are good for different
reasons. As such, you need to carefully consider every detail before committing
to anything. In order to help you out, we’ve put together a list of the best
states on the West Coast for early retirement.
Nevada
One of the biggest things to keep in mind
about retirement is that your income usually becomes fixed. As such,
saving as much money as possible tends to become a priority, especially for
early retirees. To this end, the first state on the list of the best states on
the West Coast for early retirement is Nevada. In Nevada, there are no taxes
on income or Social Security Benefits, and in addition, withdrawals from
retirement accounts and private pension income aren’t taxed at all. As such,
Nevada is one of the best places you can retire if you want to save money where
you can.
Financial independence can still be somewhat difficult to achieve if you
don’t know how to approach it. But you’ll be fine with a little bit of
preparation and research. So long as you’re careful, being financially stable in
Nevada is quite easy overall.
California
With a 900-mile coastline, it’s easy to see
why someone would want to retire in California. Being close to the beach is both
relaxing and encourages physical activity, both of which are good for staying
healthy. This is one of the reasons why California has a better life
expectancy than most of the US. However, we should mention that
California is also one of the most expensive states to retire in, which can
be a problem in some situations. However, retirees in California are exempt from
personal income tax, which does help. So, early retirement in California is an
excellent idea, so long as you’re properly prepared for it. Also, experts from
Mod Movers California note that you should
plan for your move to California as early as possible. Additionally, make sure
to work with local movers, as they’re the best way to make sure nothing goes
wrong when moving.
Arizona
Arizona makes it onto the list of the best
states on the West Coast for early retirement because of a couple of factors.
Firstly, the warm and dry weather attracts a lot of retirees, as cold
weather can be bad for health. Pretty much wherever you go in Arizona, you’ll
enjoy warm weather for most of the year. Secondly, the state is very
affordable to live in and Social Security Benefits aren’t taxed for
retirees. Also, Arizona has quite a few well-established retirement communities,
most of which include a golf course, gym, and pool. All in all, Arizona is a
great choice for both early and regular retirement, so take it into
consideration. And if you want to
retire early, before you decide to commit, make sure you know how to go
about it. There are a lot of preparations you need to do, so make sure you’re
well-informed.
Colorado
There are a few things going for Colorado
when it comes to retirement. Firstly, Colorado is considered to be one of the
most beautiful West Coast states because of the state's wonderful mountains.
In addition, Colorado has wonderful weather for most of the year and tons of
recreational opportunities. This makes it a great choice if you’re concerned
about health going into retirement. Finally, in Colorado, retirees are exempt
from property tax, and there are plenty of opportunities to earn some more
money. With all of this in mind, Colorado is an excellent choice no matter how
you look at it. So, if you’re planning to go into early retirement, start
taking actions to prepare as soon as possible. As we already mentioned, you
need to make sure you’re properly prepared for early retirement. As such,
starting your preparations as early as possible is a great idea all in all.
Idaho
Idaho is another state with
lower-than-average cost of living, which is always a bonus when considering
where to retire. Additionally, Idaho has plenty of great recreational
opportunities for those who want to stay healthy going into retirement. And
although the weather can be a little harsher than the rest of the states on this
list, it’s still not too bad. A lot of retirees choose Idaho every year because
of these facts, as the combination of recreation and lower cost of living is a
particularly good fit. However, if the active lifestyle doesn’t suit you, Idaho
has plenty of relaxation opportunities that don’t involve nature as well.
Another factor that makes Idaho a good choice is that people in Idaho are
very friendly, and most of its cities are very safe. Safety is an important
factor to consider when going into retirement, early or not, so remember to be
careful.
Best states on the West Coast
for early retirement – closing thoughts
The West Coast of the US has quite a few
excellent locations for retirement, whether you’re retiring early or not.
However, different states are good for different reasons, which means that not
every location is good for everyone. So, remember to take everything into
account and plan ahead for your retirement properly. Researching towns and
cities is always recommended before making any commitments. However, these
states are very retirement friendly, which makes the preparations much easier to
make overall. That said, you should still be careful and plan for every
possibility when preparing for early retirement. We hope that this list of the
best states on the West Coast for early retirement helps you out, and we wish
you a good day.

About the Authors



Retire
Early Lifestyle appeals to a different
kind of person – the person who prizes their
independence, values their time, and who doesn’t
want to mindlessly follow the crowd.
HOME
Book Store
Retire Early Lifestyle Blog
About Billy & Akaisha
Kaderli
Press
Contact
20 Questions
Preferred
Links
Retirement
Country Info
Retiree
Interviews
Commentary
REL
Videos
|