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10 Benefits of Retiring in Texas

Older couple smiling at each other in front of beautiful property while enjoying the benefits of retiring in texas

As one of the fastest-growing states in the country, Texas offers retirees a wide range of benefits that make it an ideal destination for retirement. From the warm climate and diverse culture to the affordable cost of living and excellent healthcare facilities, there are plenty of reasons why retirement in Texas might be the right choice for you.

The benefits of retiring in Texas and making Ventana your new home can help you make the most of your retirement years. Contact us today at 214.225.6197 to learn more about our senior living options and how we can help you enjoy a vibrant, fulfilling lifestyle in the heart of Dallas.

10 Benefits of Retiring in Texas

Retirement is a major milestone in life, and finding the perfect place to spend your golden years can make all the difference. Retirement benefits in Texas include the following:

1. Tax-Free Income

Retirees living on a fixed income can stretch their dollars further by living in Texas because it’s one of the few states — along with Alaska, Florida, Nevada, South Dakota, Washington, and Wyoming —  that doesn’t tax personal income.1 That means your income from Social Security, a 401(k), IRA, pension, and your job won’t be taxed.

2. Low Cost of Living

One of the most important things that can help make your retirement savings go further is your day-to-day cost of living. According to a 2020 report by Kiplinger, seven of the 25 cheapest U.S. cities to live in are in Texas.2 Plus, sales tax is only 8.25% at its highest, and groceries and medications are exempt from sales tax.3

3. Healthcare

Texas is home to world-class hospitals and doctors, so you won’t have to worry about finding quality options to help manage any health conditions.

4. Lose the Snow Shovel

While the Dallas-Fort Worth area does experience all four seasons, the winters are usually mild. So Texas is a clear choice if you’re ready to trade in snow for plenty of fun in the sun and enjoyable temperatures.

5. Big-Time Sports

Texas is well known for college and professional football, but it also features major league baseball, basketball, hockey, and soccer teams, along with stock car racing. So no matter what sport you’re passionate about, Texas has a team.

6. Picture-Perfect Locale

Texas offers a lot of picturesque settings. The Hill Country, the Gulf Coast, the west Texas canyons – you can see it all without leaving the state. There are a variety of urban skylines and unique neighborhoods just waiting for you to discover. 

7. We’re Hiring

If you’re looking for part-time work or want to pursue a second career, Texas has a lot of job opportunities.

8. Be Fair

Held yearly since 1886 in Dallas’ historic Fair Park, the State Fair of Texas is the country’s longest-running fair, drawing hundreds of thousands of people yearly.

9. More than the Texas Two-Step

You may think of Texas as being mostly country music, but the Lone Star State has produced Willie Nelson, Stevie Ray Vaughn, ZZ Top, and Janis Joplin, to name a few. There’s still a vibrant music scene to this day. 

10. Like a Whole Other Country

“Texas, like a whole other country” is the state’s tourism slogan. At over 268,000 square miles, Texas is the largest state in the continental U.S., with myriad cultures and terrains just waiting to be explored. Texas even has its own food styles: Tex-Mex and Texas-style BBQ. 

Travel + Leisure recently voted the Dallas/Fort Worth area as one of the 11 best places to retire in the U.S. for its small-town feel with city conveniences like restaurants, shopping, museums, entertainment, and professional sports teams.4 The benefits of retirement in Texas can help individuals live a high quality of life during their golden years.

Reap Retirement Benefits in Texas at Ventana by Buckner

With so much to do, It’s easy to see why many seniors are choosing to retire in Dallas, Texas. As you start narrowing down your retirement options, consider the area’s premier high-rise senior living community: Ventana by Buckner. Our community features an engaging lifestyle with a smart, practical plan for the future.

Call 214.225.6197 or contact us through our online portal to learn more about what we offer.

Footnotes:

  1. “Texas Retirement Tax Friendliness” – Smart Asset
  2. “Cost of Living in Texas” – Best Places
  3. “The 25 Cheapest Places to Live: U.S. Cities Edition” – Kiplinger
  4. “11 Best Cities to Retire in the U.S.” – Travel + Leisure

THE LIFE YOU WANT.

BENEFITS YOU WON’T
WANT TO MISS!

Move in by December 31, 2024, and secure savings of more than $200,000!