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Moving to a state with no income taxes may seem like a no-brainer for many retirees.
Texas and Florida are probably the classic examples of places that have built up a reputation for being "cheap" retirement destinations.
But a lack of income tax isn't the full story.
Every state has to fund itself somehow, and the ones that skip income tax usually make it up through property and sales taxes.
Think of it as a hidden cost trap that could reshape your retirement.
Texas, for instance, has the seventh-highest property tax rate in the country, according to the Tax Foundation (1), which could diminish its appeal for retirees who depend on property investments and rental income.
If you're planning to move for your retirement, you may want to consider thetotaltax burden of any state.
With that in mind, here are the top three best and worst states to retire in 2026.
To find the best states for retirees, SmartAsset (2) analyzed all forms of taxation, from property taxes to sales and inheritance taxes, and found that states like Georgia, Wyoming and Nevada topped the list.
These states were labeled "Very Tax Friendly" for retirees.
While they might fly under the radar to many retirees, the lower total tax burden coupled with lower cost of living make them ideal destinations for anyone looking to move for retirement in 2026.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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