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3 Texas cities make list of best places for retirees

As a person gets older, their needs, desires and situation can shift significantly. So, retirees may be looking for very different things when it comes to what community they live in than was the case when they were younger. This sometimes leads individuals to move to a new state when they retire.

A recent list indicates that retirees may find some parts of Texas to be attractive retirement destinations. The list is of the 25 best cities in the U.S. for retirees as compiled by Forbes. The factors that were considered in coming up with this list include both finance-related factors (like cost of living and taxes) and non-monetary factors (like climate and air quality).

Three cities from Texas made the list: Abilene, Grand Prairie and San Marcos. Texas was one of only three states to have multiple cities on the list. Only one state topped Texas when it came to number of cities of the list: Florida (it had four cities that made the list).

What do you see as some of the most retiree-friendly things about Texas? How common do you think it is for retirees to pick Texas as a retirement destination? 

Retirees moving to a new state is one of the things that could lead to them having property in multiple states upon their death. As we discussed in a previous post, when a deceased's estate contains property from multiple states, it can create some special probate issues.

In addition to having some potential future probate affects, a move to a new state for retirement can carry with it a wide number of changes for a retiree and their overall situation. Thus, in the wake of a move to Texas, one thing a retiree may want to discuss with a skilled estate planning attorney are whether any estate planning updates might be needed given the changes related to the move.

Source: Forbes, "Map: The 25 Best Places To Retire In 2016," William P. Barrett," April 1, 2016

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