All posts by Retirement Community

Transitioning Into Retirement

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You’ve clocked out of your career and finally reached the stage where you’ve put the daily grind behind. But don’t assume that retired life will be a big proverbial bowl of cherries with days spent happily on the greens lowering your golf handicap or merrily sailing into technicolor sunsets on Golden Pond. Here are some tips for handling the reality of retirement.

The experts caution that’s a big mistake. Or worse, it can be a fatal one.

Consider Paul “Bear” Bryant, the University of Alabama’s former head football coach, who racked up an astonishing six national championships in 25 years. After he announced his retirement and coached his last game in a post-season bowl victory for the Crimson Tide, he was asked what he’d do for the rest of his life.

“I’ll probably croak in a week,” he famously said. In four weeks, he was dead. He was 69.

Bryant, an icon in the annals of college sports, is just one of many accomplished and successful people who didn’t live long after leaving the career and surrendering the position, title and salary that defined them, either to others or in their own estimation.
https://www.nhmagazine.com/transitioning-into-retirement/

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Where to Retire in New Hampshire

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April 20, 2020 Lynne Snierson

One view of retirement is as a layover for people on their way out of the world, but most retirees will tell you their lives have just begun. Here are the places where the best years are yet to be.

Maybe you didn’t get to spend your college years at Dartmouth, but now you can enjoy your golden years in Hanover.

Located in the beautiful Upper Connecticut River Valley of New Hampshire, Hanover made the cut for the country’s “12 Smart Places to Retire” list in the July 2019 Kiplinger’s “Retirement Report,” and Money Magazine rated the town the sixth best place to live in America in 2011. This vibrant, inclusive and intellectually stimulating Ivy League college town consistently ranks high on many of the aggregated lists of the best places for retirees.

Although a college community could be the best answer for some active seniors, especially those with a keen interest in igniting their imagination and engaging their minds through academic pursuit, others are still trying to put together the puzzle pieces when picturing which town or city would be the ideal spot for their meaningful third act.

Access to excellent medical care, outdoor and recreational activities, arts and cultural events, sporting events, volunteer opportunities, transportation plus walkability, safety, tax rates, housing costs and the overall cost of living should be carefully factored when coming up with the all-important quality of life quotient. Fortunately for natives and transplants alike, the Granite State offers many inclusive, wonderful and welcoming communities that check all the boxes.

Read more at
https://www.nhmagazine.com/where-to-retire-in-new-hampshire/

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Why Retire to NH

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https://www.kiplinger.com/article/retirement/T006-C000-S001-new-hampshire-9-best-state-to-retire-in-2018.html

The Granite State is the only state in the Northeast to break into the top 10 states for retirement.
https://www.niche.com/places-to-live/peterborough-hillsborough-nh/

 

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https://moneywise.com/a/best-states-for-retirement-in-2019

3. New Hampshire

Score: 17

Retire in the Granite State, and you’ll enjoy low taxes, great health care, gorgeous natural surroundings, peace and quiet, and plenty of ways to get the most out of life.

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How We Determined the Best Places to Retire

In making this list, SmartAsset considered a number of metrics. Taxes are important to everyone, but they take on a special importance when you are living off a fixed income or retirement savings. Thus, tax burden for retirees was one of the several factors considered. Healthcare also takes on a new import when you reach a certain age, so we considered the number of medical centers per 1,000 residents in each town. Recreation centers per 1,000 residents was also factored in, as was the number of retirement centers per 1,000 residents. Finally, we calculated the percentage of the population made up of seniors to see if other retirees favor the town. With that in mind, here are the best places to retire in New Hampshire.

https://finance.yahoo.com/news/best-places-retire-hampshire-154315244.html

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https://www.kiplinger.com 9th best state to retire
The Granite State is the only state in the Northeast to break into the top 10 states for retirement.

When you think retirement, you probably don’t think about retiring to the Northeast. In that part of the U.S., winters can be cold, the cost of living can be steep, and taxes tend to be high. And yet, after analyzing all 50 states for retirement based on the financial factors most critical to retirees, New Hampshire managed to land a spot among the top 10 best states for retirees along with perennial warm-weather favorites such as Florida, Georgia and Hawaii. Read on to learn why the Granite State makes for an enticing retirement destination in the Northeast.

New Hampshire: #9 Best State for Retirement

Population: 1.3 million

Share of population 65+: 15.9% (U.S.: 14.5%)

Cost of living: 18% above U.S. average

Average income for 65+ households: $53,204 (U.S.: $53,799)

Average health care costs for a retired couple: $424,052 (U.S.: $423,523)

Tax rating for retirees: Most Tax Friendly

The Granite State’s current tax situation gives retirees a solid advantage. Ranking among the 10 Most Tax-Friendly States for Retirees, it doesn’t tax Social Security benefits or other retirement income or levy any sales tax. That savings helps balance out the above-average living costs and below-average household incomes. Another plus: New Hampshire ranks fifth in the U.S. for senior health, according to the United Health Foundation.

Learn more about how we ranked all 50 states for retirement including our methodology and data sources.

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New Hampshire does not tax salaries or wages, but there is a 5% tax on dividends and interest. So while retirement income is not taxed at the state level, retirees with investment income may owe some taxes. Property taxes in New Hampshire are high, and there is no state sales tax.

https://smartasset.com/retirement/new-hampshire-retirement-taxes

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Retiring In NH? Here’s What It Will Cost You

Yearly retirement costs range from as low as about $36,000 in some states to as high as $56,000. Here’s what it costs in New Hampshire.

https://patch.com/new-hampshire/concord-nh/retiring-nh-heres-what-it-will-cost-you

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Best Places To Retire In New Hampshire For 2020

We analyzed over 21 places in New Hampshire to identify the ones that offer the most to retirees.

https://www.homesnacks.net/best-places-to-retire-in-new-hampshire-127146/

 

 

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New Hampshire Senior Citizens Discounts

New Hampshire residents aged 65 and older

  • are admitted free of charge at all day-use parks.
  • receive $5 off nightly camping site fees except at Hampton, Ellacoya and Cannon RV parks.
  • are admitted free of charge Monday through Friday at the Cannon Aerial Tramway and daily at the Flume Gorge.

Proper ID (N.H. driver’s license or state-issued ID) is required. (Pursuant to RSA 218:5-c.)

Please note: Senior citizens will still need to pay the parking meters at New Hampshire State Parks.

 
https://www.nhstateparks.org/planning/schedule-and-fees/passes-promotions

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