What Does It Cost to Retire in These US States?
14. Georgia
Retirement in Georgia looks mighty peachy. Not only does the state refrain from taxing Social Security benefits, but they also exempt up to $65,000 in retirement earnings for taxpayers over 65, with a head start of $35,000 a year when you turn 62. Property tax breaks for low-income seniors make reasonable rates even better. With an average cost of living at $46,771 a year, no one can blame you for keeping Georgia in mind.
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