Best States To Retire In 2024 For Taxes Free. Choosing a state with no income tax can significantly boost your financial freedom in retirement. “florida is the best state for retirees in part due to its lack of estate or inheritance taxes and its low cost for adult day health care and homemaker services,” wallethub analyst cassandra.
As a retiree you’re likely to be living on your investments, savings, and social security, so i narrowed the list to the eight states that don’t tax social security benefits, wage. Data was sourced from bankrate.com.