Georgia, Wyoming and Nevada beat Florida and Texas as the 3 best states for reti

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Moving to a state with no income taxes may seem like a no-br

Georgia, Wyoming and Nevada beat Florida and Texas as the 3 best states for reti
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Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.

Moving to a state with no income taxes may seem like a no-brainer for many retirees. Texas and Florida are probably the classic examples of places that have built up a reputation for being "cheap" retirement destinations.

But a lack of income tax isn't the full story. Every state has to fund itself somehow, and the ones that skip income tax usually make it up through property and sales taxes. Think of it as a hidden cost trap that could reshape your retirement.

Texas, for instance, has the seventh-highest property tax rate in the country, according to the Tax Foundation (1), which could diminish its appeal for retirees who depend on property investments and rental income.

If you're planning to move for your retirement, you may want to consider the total tax burden of any state. With that in mind, here are the top three best and worst states to retire in 2026.

To find the best states for retirees, SmartAsset (2) analyzed all forms of taxation, from property taxes to sales and inheritance taxes, and found that states like Georgia, Wyoming and Nevada topped the list.

These states w

Fuente original: Yahoo Finance (https://finance.yahoo.com/real-estate/articles/georgia-wyoming-nevada-beat-florida-124000634.html)

Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.