Every retirement planner NH will tell you that a majority of retirees are more interested in moving towards states with a warmer climate, in comparison to the temperatures of New Hampshire. The State of New Hampshire has still seen a steady increase in the number of retirees in its population.
New Hampshire boasts more New England temperatures, with very friendly and welcoming conditions. It is also one of the states with the lowest retirement taxes in the entire country. Another unique hallmark for the residents of New Hampshire is the explosion of colors throughout the seasons and along the mountainous terrain. Here we look at the various reasons why many retirees choose to call New Hampshire home.
1. Reduced Taxes
The State of New Hampshire presents a fiscal scenario for retirees which is almost tax-free. The state offers benefits and tax breaks for citizens acquiring military retirement benefits along with relief from property taxes for retirees. There is no income or sales tax in the exclusion of the 5% taxed interest and dividends. Despite that, there can be a $1,200 exemption for citizens over the age of 65 from this tax.
2. Low Levels Of Crime
New Hampshire had the lowest crime ranking in 2009 from all of the states in the United States. This is nothing out of the ordinary for New Hampshire because it has repeatedly ranked as one of the safest places in the country for many years in a row. New Hampshire has a population of 1.3 million people. Retirees often choose New Hampshire as their destination because it is a place where the “neighbors look after one another”.
3. The Lay Of The Land
The geography of New Hampshire is one of the main reasons why retirees choose to retire in New Hampshire. With its rambling mountains, delightfully clear bright streams, picturesque small towns and clean fresh air have something to offer everyone in the state during all different seasons. Senior writers in the area describe their surroundings as “serene”, “peaceful”, “laid-back” and “exhilarating”. Another blessing of living in New Hampshire is that it is located exceptionally close to all of the popular metropolitan destinations such as Boston, MA and Portland, OR.
4. Pleasant People
This will undoubtedly be the biggest advantage of living in New Hampshire especially for senior citizens. A majority of retirees choose to live in New Hampshire because they are readily welcomed in and respected by the local community. As most of the state is still quite rural the inhabitants maintain a bourgeois mentality and personality without hesitating to welcome newcomers into their neighborhood. This becomes an extremely appealing environment for senior citizens in society.
The WalletHub study gives New Hampshire an overall ranking of 6th place. New Hampshire ranked in position 29 for affordability, but for “quality of life” it ranks 14th. One of the most astonishing standings is New Hampshire’s standing in the “health care” category” which is at the 4th position. The reason why residents believe the state of New Hampshire is a good place to retire in is its number 1 standing in the “lowest property crime states”.