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Idaho Rises as Millennial Haven Amid Retirement Trends
As baby boomers retire, states like Florida emerge as highly attractive retirement destinations due to their tax advantages and vibrant lifestyles, with WalletHub ranking several Florida cities among the best places to retire. Conversely, California dominates the list of the worst retirement locations, with many cities like Bakersfield and San Bernardino rated poorly. Idaho, while not ranked favorably for retirement, is gaining high-earning millennials and offers a lower cost of living, appealing to those who prioritize financial prudence. The interplay between affordability in Idaho and the tax benefits in Florida makes retirement choices a personal decision, influenced by individual lifestyle preferences. Both states present unique strengths, with Florida offering social engagement and Idaho providing tranquility in nature. Overall, retirees are considering various factors, from tax breaks to healthcare access, in their decision-making process.
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