By james art 
If you are Buff History, cities like Jamestown and Williambsburg in Virginia are probably already on your travel list. And if you love the great outdoors, the beaches, the mountains and the lakes of Virginia may have caught your eye.
But if retirement in the Old Dominion has ever crossed your mind, it has even more important. Virginia could easily reach the top of your list if the professionals are arranged in your favor.
Image source: Getty Images.
First, let’s talk about the costs of life. While Virginia is not the cheapest place to retire, it will also not break the bank. The total cost of life is only about 3% above the national average, according to the global population review.
Housing costs that can take good part of retirement income are about 10% higher than the national average. The typical price of Virginia’s home was recently $ 400,455.
However, if you are open to more affordable areas, such as Roanoke or Lynchburg, your retirement dollars can extend much more. Initially, the average annual cost of car insurance in Virginia recently appeared at $ 2808 – $ 209 below the national average.
How about healthcare? Virginia is ranked as the 32nd Best Country in the country for adult health care from Medicareguide.com. This is not great, but it still exceeds 18 other countries.
As for taxes, Virginia is one of the 41st states who do not tax on social security. While retirement income and withdrawal of 401 (k) and IRA accounts are taxable, you can qualify for age -based deduction to reduce your tax account. And there is no property tax in Virginia.
Now time can definitely be a deal. The good news? Virginia tastes like the four seasons without the extremes of hot summer or freezing winters. But if you are looking at coastal places like Virginia Beach or Norfolk, you will want to be prepared for the hurricane season.
Before making any big decisions, consider spending a few months in Virginia to see if this is a good match for your retirement way.
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