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The Best (and Worst) States in the US to Retire in 2024 (FIRE Faster?)

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Manage episode 448608708 series 1900058
Kandungan disediakan oleh BiggerPockets. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh BiggerPockets atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Should you move to reach FIRE? And if so, where to? In this episode, we’re pulling back the curtain and revealing the best places to retire in the US in 2024. Living in one of these states could help fast-track financial freedom, and moving there for retirement could help your nest egg go further and improve your quality of life!

Welcome back to the BiggerPockets Money podcast! Alex Gailey, a lead data reporter at Bankrate, has ranked all fifty states for retirement based on five weighted “buckets” made up of dozens of crucial data points. Today, she joins the show to share her findings with us. Whether you’re looking to put down roots in a low-cost-of-living area or find a location that delivers your ideal retirement lifestyle, this list of states is a useful launching point for one of the most important life decisions you’ll ever make!

In this episode, you’ll learn how changing your address could accelerate your financial independence timeline and allow you to retire early. Alex will break down the five factors people value most in retirement—affordability, well-being, cost and quality of healthcare, weather, and crime. Stay tuned to find out which states came out on top and which states you might want to avoid. The results even surprised us!

In This Episode We Cover

Breaking down Alex’s list of best (and worst) states to retire in the US

How to accelerate your FI timeline simply by changing your address

The top five “buckets” that make up an ideal retirement destination

The most crucial factors to consider when choosing where to retire

How to take advantage of unique opportunities in high-cost-of-living areas

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: Mindy@biggerpockets.com

Email Scott: Scott@biggerpockets.com

BiggerPockets Money Facebook Group

Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate

Best and Worst States for Retirement

Alex’s Twitter/X

Buy Scott’s Book “Set for Life”

Find an Investor-Friendly Agent in Your Area

How to Get PAID to Live in an Affordable City & Fast-Track Financial Freedom

(00:00) Intro

(01:26) Alex’s Criteria

(05:05) Best and Worst Places to Retire

(11:38) Biggest Surprises

(22:32) Retiring in an Expensive Area

(29:10) Connect with Alex!

(29:43) Accelerate Your FI Timeline!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-578

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

589 episod

Artwork
iconKongsi
 
Manage episode 448608708 series 1900058
Kandungan disediakan oleh BiggerPockets. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh BiggerPockets atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Should you move to reach FIRE? And if so, where to? In this episode, we’re pulling back the curtain and revealing the best places to retire in the US in 2024. Living in one of these states could help fast-track financial freedom, and moving there for retirement could help your nest egg go further and improve your quality of life!

Welcome back to the BiggerPockets Money podcast! Alex Gailey, a lead data reporter at Bankrate, has ranked all fifty states for retirement based on five weighted “buckets” made up of dozens of crucial data points. Today, she joins the show to share her findings with us. Whether you’re looking to put down roots in a low-cost-of-living area or find a location that delivers your ideal retirement lifestyle, this list of states is a useful launching point for one of the most important life decisions you’ll ever make!

In this episode, you’ll learn how changing your address could accelerate your financial independence timeline and allow you to retire early. Alex will break down the five factors people value most in retirement—affordability, well-being, cost and quality of healthcare, weather, and crime. Stay tuned to find out which states came out on top and which states you might want to avoid. The results even surprised us!

In This Episode We Cover

Breaking down Alex’s list of best (and worst) states to retire in the US

How to accelerate your FI timeline simply by changing your address

The top five “buckets” that make up an ideal retirement destination

The most crucial factors to consider when choosing where to retire

How to take advantage of unique opportunities in high-cost-of-living areas

And So Much More!

Links from the Show

Mindy on BiggerPockets

Scott on BiggerPockets

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Join BiggerPockets for FREE

Email Mindy: Mindy@biggerpockets.com

Email Scott: Scott@biggerpockets.com

BiggerPockets Money Facebook Group

Support Today’s Show Sponsor, Connect Invest, the Alternative Way to Earn Passive Income Through Real Estate

Best and Worst States for Retirement

Alex’s Twitter/X

Buy Scott’s Book “Set for Life”

Find an Investor-Friendly Agent in Your Area

How to Get PAID to Live in an Affordable City & Fast-Track Financial Freedom

(00:00) Intro

(01:26) Alex’s Criteria

(05:05) Best and Worst Places to Retire

(11:38) Biggest Surprises

(22:32) Retiring in an Expensive Area

(29:10) Connect with Alex!

(29:43) Accelerate Your FI Timeline!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-578

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

589 episod

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