Retirement in New Hampshire (NH) can be an appealing option for several reasons. Here are some factors to consider:
- Natural beauty: New Hampshire is renowned for its stunning landscapes, including the majestic White Mountains, picturesque lakes, and charming coastal areas. If you appreciate outdoor activities like hiking, skiing, fishing, and boating, NH offers plenty of opportunities to stay active and enjoy nature.
- Low crime rates: NH consistently ranks as one of the safest states in the US, making it an attractive place to retire for those seeking a peaceful and secure environment.
- No state income tax: One of the most significant financial benefits of retiring in NH is that it does not levy a state income tax on wages or earned retirement income, such as pensions and Social Security benefits. This can lead to substantial savings for retirees.
- Low sales tax: New Hampshire is also one of the few states without a sales tax, which can save you money on everyday purchases.
- Access to healthcare: NH has several well-regarded healthcare facilities and hospitals, ensuring that retirees have access to quality medical care.
- Small-town charm and sense of community: Many towns in New Hampshire offer a close-knit and friendly atmosphere, fostering a strong sense of community, which can be particularly appealing for retirees looking to form new social connections.
- Cultural attractions: Despite its smaller size, New Hampshire has a rich cultural scene with museums, art galleries, music venues, and theaters, providing ample opportunities for entertainment and enrichment.
- Four-season climate: If you enjoy experiencing all four seasons, New Hampshire offers a diverse climate, from warm summers to snowy winters, allowing you to engage in various activities throughout the year.
- Proximity to major cities: Although NH is known for its rural beauty, it’s also within driving distance of major cities like Boston, Massachusetts, and Portland, Maine, offering access to urban amenities and entertainment.
- Tax-friendly for retirees: In addition to the lack of state income and sales tax, New Hampshire also offers tax breaks for seniors, such as property tax relief programs and exemptions.
Of course, the decision to retire in any state should be based on your personal preferences, lifestyle, and financial considerations. Come and visit NH and explore different areas to see if it aligns with your retirement goals and preferences.