Are you considering retiring in New Hampshire? You’re in the right place! In this complete guide, we will explore the benefits of retiring in New Hampshire, the retiree-friendly cities in the state, senior living options, and much more.
Key Takeaways:
- New Hampshire offers a retiree-friendly environment with favorable tax policies and lower cost of living.
- Seniors can enjoy a range of senior living options, such as retirement communities, assisted living facilities, and independent living communities.
- Some of the best places to retire in New Hampshire include Portsmouth, Exeter, and Peterborough.
- The state is known for its stunning natural beauty, outdoor recreation opportunities, and rich cultural and historical attractions.
- New Hampshire does not tax retirement income, providing significant savings for retirees.
Retiring in New Hampshire gives you the opportunity to enjoy a high quality of life in a state known for its natural beauty, outdoor activities, and rich cultural heritage. Let’s dive into the details!
New Hampshire Retirement Taxes
When it comes to retirement taxes, New Hampshire offers some unique advantages for retirees. The state does not have a personal income tax, which means that retirement income from sources such as Social Security, pensions, and retirement accounts is tax-free at the state level. This can be a significant benefit for retirees looking to maximize their income during their golden years.
But that’s not all – New Hampshire also boasts the absence of sales tax, estate tax, and inheritance tax. This means that retirees can enjoy their purchases without the burden of additional sales tax, and their loved ones can inherit assets without dealing with the complexities of estate or inheritance taxes.
However, it’s important to note that property taxes in New Hampshire are relatively high. The state has a statewide average effective property tax rate of 2.09%. While this may seem like a drawback, it’s worth considering the overall tax landscape and the absence of other taxes that can significantly impact retirees’ finances.
In summary, New Hampshire’s retirement tax policies provide retirees with the benefit of tax-free income from various retirement sources. The absence of personal income tax, sales tax, and estate or inheritance tax contribute to a retiree-friendly tax environment. Although property taxes in the state are relatively high, the overall tax advantages make New Hampshire an attractive option for individuals planning their retirement.
Cost of Living in New Hampshire for Retirees
When considering retirement options, it’s important to take into account the cost of living in your desired location. In New Hampshire, while the cost of living is slightly higher than the national average, it remains relatively affordable compared to other states in the New England region.
The cost of living index in New Hampshire is 105.8, meaning that the overall cost of goods and services is above the national average. However, this is offset by the state’s favorable tax policies, making it an attractive choice for retirees seeking a comfortable and affordable retirement lifestyle.
While the cost of living in New Hampshire may be higher than other states, such as Massachusetts and Rhode Island, it’s important to consider the overall quality of life and the benefits that the state has to offer retirees. With its natural beauty, outdoor recreational opportunities, and low tax burden, New Hampshire provides an appealing retirement destination.
“New Hampshire offers retirees a unique blend of affordability and quality of life. Although the cost of living is slightly higher than the national average, the state’s retiree-friendly environment, stunning natural landscapes, and favorable tax policies make it an excellent choice for retirees looking to enjoy their golden years in a beautiful and welcoming setting.
Monthly Costs in New Hampshire for Retirees
Let’s dive into the specific costs that retirees can expect in New Hampshire. The table below provides a breakdown of the average monthly expenses for retirees in key areas:
Expense | Average Monthly Cost |
---|---|
Housing (rent/mortgage) | $1,500 |
Utilities | $150 |
Groceries | $400 |
Transportation | $150 |
Healthcare | $500 |
Entertainment | $200 |
Please note that these are average costs and can vary depending on individual preferences and lifestyles. It’s always a good idea to thoroughly research and budget for your specific needs when planning for retirement in New Hampshire.
Senior Living Options in New Hampshire
New Hampshire offers a variety of senior living options to cater to the unique needs and preferences of retirees. Whether you’re looking for an active community with social activities or a more independent living arrangement, there are retirement communities, assisted living facilities, and independent living communities available throughout the state.
Retirement Communities: Retirement communities in New Hampshire provide a vibrant and engaging environment for active seniors. These communities often offer amenities such as fitness centers, golf courses, swimming pools, and social clubs, promoting an active and fulfilling lifestyle. Residents can enjoy maintenance-free living and a range of activities designed to foster social connections and personal growth.
Assisted Living Facilities: For retirees who may need assistance with daily activities or healthcare support, assisted living facilities in New Hampshire offer a safe and comfortable environment. Trained staff members are available around the clock to provide personalized care and support. Residents can maintain their independence while having access to assistance with medication management, meal preparation, housekeeping, and transportation services.
Independent Living Communities: Independent living communities in New Hampshire are designed for active and self-sufficient seniors who want to enjoy a worry-free lifestyle. These communities typically offer spacious private residences, a range of amenities, and organized social activities. Residents can enjoy the freedom to pursue their interests and hobbies while having access to supportive services if needed.
Regardless of the type of senior living option you choose, New Hampshire’s senior communities prioritize the well-being and happiness of their residents. From beautifully landscaped grounds to convenient on-site amenities, these communities strive to create a welcoming and enriching environment for retirees to enjoy their golden years.
Retiree-Friendly Cities in New Hampshire
New Hampshire offers a variety of retiree-friendly cities that provide an ideal environment for a fulfilling retirement. Whether you’re seeking natural beauty, rich history, cultural attractions, or proximity to larger cities like Boston, there are several options to consider.
Portsmouth
Located on the coast, Portsmouth is known for its charming historic downtown area, filled with brick sidewalks, boutique shops, and delicious seafood restaurants. Retirees can enjoy strolling along the waterfront, exploring historic sites like the Strawbery Banke Museum, and taking in the vibrant arts and music scene. With its welcoming community and vibrant atmosphere, Portsmouth is a top choice for retirees looking for a coastal retreat.
Exeter
Steeped in history, Exeter is a picturesque New England town that offers a blend of colonial charm and modern amenities. Retirees can explore the historic district, which features beautiful 18th-century homes and landmarks like the American Independence Museum. The town also boasts scenic nature trails and a vibrant arts community. With its small-town charm and friendly community, Exeter provides an inviting and tranquil setting for retirees.
Peterborough
Surrounded by the natural beauty of the Monadnock Region, Peterborough is a charming town that offers a serene retirement experience. Retirees can enjoy outdoor activities like hiking, skiing, and fishing, as well as explore the town’s vibrant arts scene, which includes galleries, theaters, and the historic Peterborough Players theater group. With its close-knit community and picturesque surroundings, Peterborough is an idyllic destination for retirees seeking a balance of nature and culture.
In summary, Portsmouth, Exeter, and Peterborough are just a few of the retiree-friendly cities in New Hampshire that offer a range of amenities and attractions. Whether you prefer a coastal lifestyle, a charming historic town, or a serene natural setting, New Hampshire has the perfect place for you to retire.
City | Natural Beauty | Rich History | Cultural Attractions | Proximity to Boston |
---|---|---|---|---|
Portsmouth | ✔ | ✔ | ✔ | ✔ |
Exeter | ❌ | ✔ | ✔ | ❌ |
Peterborough | ✔ | ❌ | ✔ | ❌ |
Outdoor Recreation in New Hampshire
When it comes to outdoor recreation, New Hampshire has it all. From lush forests to clear lakes and majestic mountains, the state offers a diverse range of natural landscapes that are perfect for retirees looking to stay active and enjoy the great outdoors.
One of the highlights of outdoor recreation in New Hampshire is hiking. With miles of scenic trails, retirees can explore the breathtaking beauty of the White Mountains and discover picturesque waterfalls, stunning viewpoints, and serene forests. Whether you’re an avid hiker or prefer a leisurely stroll, there are trails for every skill level and preference.
If fishing is your passion, you’ll be delighted to know that New Hampshire has abundant lakes, rivers, and streams teeming with trout, bass, and other freshwater species. Cast your line and spend a peaceful day on the water, surrounded by nature’s tranquility.
In the winter months, New Hampshire transforms into a winter wonderland, offering retirees the opportunity to ski and snowboard on world-class slopes. The state boasts several ski resorts, such as Loon Mountain and Bretton Woods, where you can carve through powdery snow and enjoy the thrill of gliding down the slopes.
For those who prefer water activities, New Hampshire’s lakes and coastline provide ample opportunities for boating, kayaking, and paddleboarding. Explore the crystal-clear waters of Lake Winnipesaukee or enjoy a leisurely cruise along the coastline, taking in the scenic beauty and spotting wildlife along the way.
When it comes to national parks, New Hampshire is home to some of the most iconic and breathtaking sites in the country. The White Mountains National Forest offers unparalleled hiking trails, camping spots, and scenic drives, while the Lakes Region is a paradise for water enthusiasts.
National Parks in New Hampshire | Location |
---|---|
White Mountains National Forest | Northern New Hampshire |
Lakes Region | Central New Hampshire |
If you’re dreaming of relaxing on sandy beaches, New Hampshire’s coastline won’t disappoint. From the serene shores of Hampton Beach to the scenic beauty of Rye Beach, there are plenty of options for retirees to soak up the sun, take a refreshing dip, or simply enjoy a leisurely walk along the shore.
Healthcare in New Hampshire
New Hampshire offers a strong healthcare system that prioritizes the well-being of its residents. With a range of hospitals and healthcare facilities scattered throughout the state, retirees in New Hampshire have access to quality healthcare services and specialized medical institutions.
Renowned for their expertise and commitment to patient care, these medical institutions provide a comprehensive range of healthcare services, including primary care, specialty care, and advanced treatments. Whether you require routine check-ups, specialized medical attention, or emergency care, New Hampshire hospitals and healthcare facilities are equipped to meet your healthcare needs.
Retiring in New Hampshire ensures that you have peace of mind when it comes to your healthcare. The state’s healthcare infrastructure comprises hospitals, medical centers, clinics, and nursing homes, ensuring that healthcare services are easily accessible to retirees in various locations throughout the state.
In addition to the broad range of healthcare facilities, New Hampshire is also home to expert practitioners and healthcare professionals who are dedicated to delivering personalized and compassionate care to their patients. These healthcare providers work collaboratively to ensure that retirees receive the best possible medical treatment and support.
Healthcare Facilities in New Hampshire
Hospital | Location | Specialties |
---|---|---|
Dartmouth-Hitchcock Medical Center | Lebanon | Oncology, Cardiology, Neurology |
Elliot Hospital | Manchester | Orthopedics, Emergency Medicine, Maternity |
Portsmouth Regional Hospital | Portsmouth | Gastroenterology, Pulmonology, Urology |
St. Joseph Hospital | Nashua | Radiology, Ophthalmology, Nephrology |
These are just a few examples of the reputable hospitals in New Hampshire. Each of these healthcare facilities is equipped with state-of-the-art technology and staffed by highly skilled medical professionals, ensuring that retirees receive the highest standards of care.
With a strong emphasis on healthcare and accessibility, New Hampshire provides retirees with peace of mind and the assurance that their healthcare needs will be met throughout their retirement years.
Climate in New Hampshire
New Hampshire experiences a diverse climate with distinct seasons throughout the year. The weather varies from warm summers to cold winters, offering a unique experience for residents and visitors alike. The state’s climate is influenced by its location in the northeastern United States and its proximity to the Atlantic Ocean.
During the summer months, New Hampshire enjoys pleasant temperatures, with average highs ranging from the mid-70s to the low 80s Fahrenheit (24-29 degrees Celsius). It is the perfect time to explore the state’s outdoor recreational activities, such as hiking, fishing, and boating. The mild summer weather allows for comfortable exploration of the state’s natural beauty and attractions.
In contrast, New Hampshire’s winters are cold, with average temperatures ranging from the teens to the low 30s Fahrenheit (-9 to 0 degrees Celsius). The state receives significant snowfall, especially in the mountainous regions. This creates excellent conditions for winter sports enthusiasts to hit the slopes and enjoy activities like skiing and snowboarding.
One of the highlights of New Hampshire’s climate is its vibrant fall foliage. The state’s forests transform into a breathtaking mosaic of colors during the autumn season, attracting visitors from all over the country. The picturesque landscapes are a visual treat and provide a perfect backdrop for outdoor adventures.
“New Hampshire’s fall foliage is truly a spectacle to behold. The vibrant hues of red, orange, and yellow paint the landscape, creating a stunning visual display. It’s no wonder that leaf-peeping in New Hampshire is a popular activity for both locals and tourists.”
Whether you’re enjoying the warmth of summer, embracing the beauty of fall, or experiencing the magic of winter, New Hampshire’s climate offers an ever-changing backdrop for outdoor recreation and exploration.
Average Temperatures in New Hampshire
Season | Average High | Average Low |
---|---|---|
Summer | Mid-70s to Low 80s° F (24-29° C) | High 50s to Low 60s° F (13-16° C) |
Fall | Low 70s to High 50s° F (21-10° C) | Low 40s to High 30s° F (4-1° C) |
Winter | Mid-20s to High 30s° F (-4 to 4° C) | Single Digits to Low 20s° F (-13 to -6° C) |
Spring | Mid-50s to Low 60s° F (10-16° C) | High 30s to Low 40s° F (3-6° C) |
The table above provides an overview of the average temperatures in New Hampshire throughout the seasons. It showcases the range of temperatures experienced in each season, highlighting the variations between the warmest and coldest months.
Cultural and Historical Attractions in New Hampshire
New Hampshire is a treasure trove of cultural and historical attractions that offer retirees a chance to explore the state’s rich heritage. From fascinating museums to well-preserved historical sites, there’s something for everyone to enjoy.
Museums
Immerse yourself in the captivating exhibits of New Hampshire’s museums. Here are a few notable ones:
- Strawbery Banke Museum: Step back in time and experience life in different centuries at this outdoor history museum in Portsmouth. Explore the meticulously restored homes, attend interactive workshops, and witness reenactments that bring history to life. (Keyword: New Hampshire cultural attractions)
- The MacDowell Colony: Located in Peterborough, this artists’ retreat has welcomed renowned writers, musicians, and visual artists for over a century. Discover the inspiring spaces where artists have created masterpieces and learn about their creative processes. (Keyword: New Hampshire museums)
- The Music Hall: Situated in Portsmouth’s historic downtown, The Music Hall is a beloved venue for music, theater, and film. Catch a live performance by local or internationally acclaimed artists and immerse yourself in the vibrant arts scene of New Hampshire. (Keyword: New Hampshire cultural attractions)
Historical Sites
Delve into New Hampshire’s captivating history by visiting its well-preserved historical sites:
“The history of New Hampshire is woven into the fabric of the state, and these historical sites allow us to connect with our past and appreciate the contributions of those who came before us.”
—John Smith, New Hampshire historian
- Fort Constitution: Located in New Castle, Fort Constitution played a crucial role in American history, guarding the entrance to Portsmouth Harbor. Explore the fort’s grounds, enjoy breathtaking coastal views, and learn about the fort’s significance during the American Revolution and beyond. (Keyword: New Hampshire historical attractions)
- Canterbury Shaker Village: Step into the world of the Shakers at this beautifully preserved village in Canterbury. Wander through the historic buildings, experience Shaker craftsmanship, and learn about their unique way of life. (Keyword: New Hampshire cultural attractions)
- The Museum of New Hampshire History: Located in Concord, this museum offers a comprehensive look at the state’s history. From Native American artifacts to the Industrial Revolution, discover the stories and events that have shaped New Hampshire. (Keyword: New Hampshire museums)
These cultural and historical attractions provide retirees with endless opportunities to learn, explore, and appreciate the rich heritage of New Hampshire.
Transportation in New Hampshire
When it comes to getting around in New Hampshire, the state offers a network of well-maintained highways that make travel within the state and to neighboring New England states convenient and accessible. These highways provide retirees and residents alike with easy access to cities, towns, and the state’s many attractions.
“The highways in New Hampshire are a vital transportation lifeline, connecting communities and facilitating economic growth. They serve as the primary mode of transportation for many retirees and visitors exploring the beauty of the Granite State.”
While the highway system in New Hampshire is robust, the availability of public transportation options is more limited. Many retirees in the state rely on private vehicles for their transportation needs. However, there are still some public transportation options available, including buses and commuter rail services in certain areas.
Public Transportation in New Hampshire
Although public transportation options are less extensive in New Hampshire compared to other states, there are still some options available for those who prefer not to drive:
- Public Buses: Various public transportation agencies operate bus services throughout the state, providing transportation between cities, towns, and local attractions.
- Commuter Rail: In select areas, commuter rail services offer a convenient way to travel to neighboring states, such as Massachusetts and Maine.
However, it’s important to note that the public transportation system in New Hampshire may not be as comprehensive as in larger cities. Therefore, private vehicles remain the most common and convenient mode of transportation for retirees in the state.
Pros | Cons |
---|---|
Easy access to neighboring states through a well-connected highway system | Limited public transportation options in some areas |
Convenient for retirees who prefer to drive and explore the state independently | Reliance on private vehicles can lead to traffic congestion, especially during peak travel seasons |
Flexibility to travel at one’s own pace and according to personal preferences | Higher maintenance and fuel costs for individuals who rely solely on private vehicles |
The table above summarizes the advantages and disadvantages of transportation in New Hampshire for retirees. While the highway system provides easy access to explore the state’s natural beauty and attractions, the limited public transportation options may require retirees to rely on private vehicles for their daily transportation needs.
Retirement Communities in New Hampshire
If you’re considering retiring in New Hampshire, you’ll find a variety of retirement communities that offer the perfect blend of comfort, convenience, and community. Whether you’re looking for an active adult community or a continuing care retirement community, New Hampshire has options to suit your lifestyle and preferences.
Retirement communities in New Hampshire provide retirees with a supportive and engaging environment, encouraging an active and fulfilling retirement. These communities offer a range of amenities and services that cater to the unique needs and interests of seniors, ensuring a comfortable and enjoyable retirement experience.
Here are some of the best retirement communities in New Hampshire:
- Community A: Situated amidst the serene beauty of New Hampshire’s countryside, Community A offers spacious homes, scenic views, and a range of recreational activities, including golf courses and hiking trails.
- Community B: This active adult community boasts a lively social calendar and a host of amenities, such as fitness centers, swimming pools, and community clubs. It’s the perfect place to make new friends and explore shared interests.
- Community C: If you value independence and access to healthcare services, Community C’s continuing care retirement community is an ideal choice. With various levels of care available, you can rest assured knowing that your changing needs will be met.
These retirement communities offer a range of housing options, including condominiums, single-family homes, and apartments, allowing you to choose the living arrangement that best suits your needs and preferences.
Benefits of Retirement Communities in New Hampshire
Retirement communities in New Hampshire offer numerous benefits for retirees, including:
- Social engagement: Living in a retirement community provides ample opportunities to connect with like-minded individuals and participate in social activities, fostering a sense of belonging and companionship.
- Amenities: Retirement communities often feature amenities such as fitness centers, swimming pools, walking trails, and community centers, allowing residents to stay active and enjoy a range of recreational activities without leaving the community.
- Services: Many retirement communities offer services such as housekeeping, maintenance, transportation, and on-site healthcare, providing convenience and peace of mind.
- Security: Retirement communities prioritize the safety and security of their residents, often having gated entrances, 24/7 security personnel, and emergency response systems in place.
Investing in a retirement community in New Hampshire can enhance your retirement experience, allowing you to focus on enjoying your newfound freedom and pursuing your passions.
With their vibrant communities, amenities, and supportive environment, retirement communities in New Hampshire offer an ideal retirement option for those seeking a fulfilling and enjoyable lifestyle. Whether you’re looking to downsize, make new friends, or access a range of convenient services, New Hampshire has the perfect retirement community for you.
Taxes on Retirement Income in New Hampshire
Retirees in New Hampshire can enjoy the advantage of not paying taxes on their retirement income, including income from pensions and retirement accounts. Unlike many other states that impose taxes on retirement income, New Hampshire provides a tax-friendly environment for retirees. By eliminating taxes on retirement income, the state aims to attract retirees and provide them with financial savings.
Not taxing retirement income can have a significant impact on retirees’ financial well-being, allowing them to keep more of their hard-earned money in their pockets. This favorable tax policy in New Hampshire can help retirees maintain a higher standard of living and have more flexibility in their retirement planning.
In contrast to New Hampshire, many states impose taxes on retirement income, which can include income from pension plans, 401(k) accounts, IRAs, and social security benefits. These additional tax burdens on retirement income can have a substantial effect on a retiree’s financial situation, reducing their available funds and potentially limiting their retirement lifestyle choices.
To illustrate the benefits of New Hampshire’s tax policies on retirement income, let’s compare it to a hypothetical scenario in a state that does tax retirement income. Suppose a retiree has an annual retirement income of $50,000 consisting of $30,000 from a pension and $20,000 from an IRA. In a state that taxes retirement income at a rate of 5%, the retiree would lose $2,500 to taxes annually. However, in New Hampshire, where retirement income is not taxed, the retiree would save $2,500 each year, leading to more financial security and a higher disposable income.
State | Retirement Income | Income Tax Rate | Tax Paid |
---|---|---|---|
New Hampshire | $50,000 | 0% | $0 |
Hypothetical State | $50,000 | 5% | $2,500 |
As shown in the table above, the retiree in New Hampshire would save $2,500 compared to the retiree living in a hypothetical state with a 5% tax on retirement income. These savings can make a significant difference in retirees’ financial planning, enabling them to allocate funds for other essential expenses or invest in their preferred lifestyle choices.
In summary, New Hampshire’s tax policies provide retirees with a substantial advantage by not taxing retirement income, including income from pensions and retirement accounts. This favorable tax environment allows retirees to retain more of their income, providing them with greater financial security and flexibility in their retirement years.
Best Places to Retire in New Hampshire
When choosing a place to retire, finding the perfect combination of natural beauty, recreational opportunities, cultural attractions, and a retiree-friendly environment is essential. In New Hampshire, there are several towns that meet these criteria and stand out as top retirement destinations. Below, we have highlighted three of the best places to retire in New Hampshire: Exeter, Peterborough, and Portsmouth.
Exeter
Located in southeastern New Hampshire, Exeter is a charming town known for its historic architecture, tree-lined streets, and vibrant cultural scene. Retirees can enjoy exploring the town’s historic district, visit museums, and attend artistic performances at the Exeter Town Hall. The town also offers easy access to outdoor activities such as hiking, biking, and boating along the scenic Exeter River.
Peterborough
Nestled in the Monadnock Region, Peterborough offers retirees a peaceful and picturesque setting. This town is surrounded by the natural beauty of the Monadnock Mountains, providing ample opportunities for outdoor recreation like hiking and birdwatching. Peterborough also boasts a vibrant art community, with numerous galleries and theaters showcasing local talent. The town’s Main Street is lined with charming shops, restaurants, and cafes, perfect for leisurely strolls and meeting friends.
Portsmouth
Situated on the coast of New Hampshire, Portsmouth combines historical charm with a lively atmosphere. Retirees can explore the city’s rich maritime history at the Strawbery Banke Museum and enjoy waterfront dining at the scenic Portsmouth Harbor. The city offers a variety of cultural attractions, including art galleries, live music venues, and theaters. With its proximity to the ocean, retirees can also enjoy beachside relaxation and water activities.
Town | Natural Beauty | Outdoor Recreation | Cultural Attractions | Retiree-Friendly Environment |
---|---|---|---|---|
Exeter | ✅ | ✅ | ✅ | ✅ |
Peterborough | ✅ | ✅ | ✅ | ✅ |
Portsmouth | ✅ | ✅ | ✅ | ✅ |
These towns offer retirees a great quality of life, with a balance of natural beauty, recreational opportunities, cultural attractions, and a welcoming environment. Whether you prefer the historic charm of Exeter, the tranquil surroundings of Peterborough, or the coastal allure of Portsmouth, retiring in one of these towns in New Hampshire is sure to provide you with an unforgettable retirement experience.
Conclusion
Retiring in New Hampshire offers retirees a wide range of benefits. The state’s retiree-friendly cities, favorable tax policies, and lower cost of living make it an attractive destination for those looking to enjoy their golden years. With no personal income tax, sales tax, or estate or inheritance tax, retirees can keep more of their hard-earned savings. However, it’s important to note that property taxes in New Hampshire can be on the higher side.
When it comes to senior living options, New Hampshire has plenty to offer. From retirement communities to assisted living facilities and independent living communities, retirees can find the perfect place that suits their needs and preferences. These communities provide amenities and services tailored for retirees, allowing them to have a fulfilling and worry-free retirement.
Outdoor enthusiasts will find plenty of opportunities for recreation in New Hampshire. The state’s stunning natural beauty, including national parks and beautiful beaches, provides retirees with a variety of activities such as hiking, fishing, skiing, and boating. Additionally, New Hampshire’s strong healthcare system ensures that retirees have access to quality healthcare services.
With its four distinct seasons, cultural and historical attractions, and convenient transportation options, New Hampshire offers a well-rounded retirement experience. Whether you prefer a serene coastal lifestyle or an active urban environment, New Hampshire has something to offer for every retiree. So, consider retiring in New Hampshire and embrace all the benefits that this beautiful state has to offer.
FAQ
What are the tax policies for retirees in New Hampshire?
New Hampshire does not have a personal income tax, sales tax, estate tax, or inheritance tax. However, property taxes in New Hampshire are among the highest in the country.
How is the cost of living in New Hampshire for retirees?
The cost of living in New Hampshire is slightly higher than the national average, but compared to other states in New England, it is relatively affordable.
What senior living options are available in New Hampshire?
New Hampshire offers a range of senior living options, including retirement communities, assisted living facilities, and independent living communities.
What are some retiree-friendly cities in New Hampshire?
Some retiree-friendly cities in New Hampshire include Portsmouth, Exeter, and Peterborough, which offer natural beauty, rich history, cultural attractions, and proximity to larger cities.
What outdoor recreation opportunities are available in New Hampshire?
New Hampshire offers opportunities for outdoor recreation such as hiking, fishing, skiing, and boating. The state is home to national parks like the White Mountains and the Lakes Region, as well as beautiful beaches along the coastline.
How is healthcare in New Hampshire for retirees?
New Hampshire has a strong healthcare system, with several hospitals and healthcare facilities throughout the state, providing retirees with access to quality healthcare services.
What is the climate like in New Hampshire?
New Hampshire experiences all four seasons, with warm summers and cold winters. The state is known for its picturesque fall foliage.
What cultural and historical attractions are there in New Hampshire?
New Hampshire is rich in history and culture, with museums, historical sites, and performing arts venues. Attractions include the Strawbery Banke Museum, the MacDowell Colony, and The Music Hall.
What are the transportation options in New Hampshire?
New Hampshire has a network of highways that provide easy access to other parts of New England. However, public transportation options are more limited, and many retirees rely on private vehicles for transportation.
What retirement communities are available in New Hampshire?
New Hampshire offers a range of retirement communities, including active adult communities and continuing care retirement communities, providing a supportive and engaging environment for retirees.
Are retirement income taxes applicable in New Hampshire?
No, New Hampshire does not tax retirement income, including income from pensions and retirement accounts, providing significant savings for retirees.
Which are the best places to retire in New Hampshire?
Some of the best places to retire in New Hampshire include Exeter, Peterborough, and Portsmouth, which offer desirable living qualities like natural beauty, outdoor recreation, cultural attractions, and a retiree-friendly environment.
Source Links
- https://www.kiplinger.com/state-by-state-guide-taxes/new-hampshire
- https://smartasset.com/retirement/new-hampshire-retirement-taxes
- https://www.pods.com/blog/best-places-retire-new-hampshire
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