5 Most Popular States to Retire to in the U.S.

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1. Maine

Percentage of retirees: 21.8%

Maine may not be entirely tax-friendly, but it is still a popular retirement destination, with 21.8% of seniors living here. The peaceful and laid-back atmosphere makes it an ideal retreat for retirees. There are charming coastal towns and villages, such as Bar Harbor, Camden, and Kennebunkport. Renowned seafood restaurants, quaint shops, and unique coastal culture can be found in the state. Plenty of outdoor opportunities, such as kayaking, bird watching, and mountain skiing, keep residents busy. The cost of living is 11% higher than the national average, and 9.2% of adults are living below the poverty level. The state also doesn’t tax social security, but other forms of retirement income can be taxed as high as 7.15%.

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