Total Outbound moves: 41.9%
Florida is one of the most tax-friendly states in America. Maybe this, along with its sunny skies, is the reason the Sunshine State has the highest share of seniors in the United States. The state benefits are also very financially secure.
The weather in Florida is unpredictable. The heat and humidity can be unpleasant or even unsafe for retirees with health conditions. There is also the danger of hurricanes and powerful lightning storms. When there isn’t a hurricane warning, the weather is pretty sweet.
Texas
Total Outbound moves: 44.4%
The cost of living is 10 percent below the U.S. average, and the average income for residents is reasonably decent. Texas also doesn't tax income heavily, leaving more dollars in your wallet. Austin and Dallas are great cities with plenty of things to do.
Texas is an excellent financial option, except for its healthcare. Unfortunately, the poverty rates in Texas are high.
Tennessee
Total Outbound moves: 43.9%
Tennessee is a tax-friendly state. There is no state income tax, which may mean a little more bang for your buck. Everyday living in metropolitan areas are quite affordable, including the price of healthcare.
The weather in summer can be intolerable, with July temperatures reaching 92 degrees Fahrenheit. If you throw in some humidity, the summer months may seem like they are never going to end.
Alabama
Total Outbound moves: 44.5%
The Heart of Dixie is the place to be for an affordable lifestyle. The average spending of couples on healthcare is 4.4 less than in other states; income tax is from 2 to 5 percent, and Social Security benefits are not taxed.
According to Kiplinger, the state sales tax is quite high and even applies to food. The weather can be unpredictable in spring and the month of November, with plenty of rain and thunderstorms. Like other southern states, Alabama gets very hot in the summer months. Keep in mind that south Alabama is warmer than the north.
Indiana
Total Outbound moves: 52.1%
The Hoosier State has one of the lowest costs of living, 15 percent lower than the U.S. average, which means residents can save a lot on essentials like food and housing. Compare that to California or Hawaii, and you'll see that your money can go a lot further there. There are a lively art scene and plenty of outdoor activities to do in spring and summer.
Despite the low cost of living, Indiana is better for residents who saved their pennies because the annual income is way below the national average (21.4 percent more economical).