Personal investors. Workplace retirement. Employers and plan sponsors. Financial professionals. First, the state makes for an attractive retirement home thanks to its low cost of living and the lack of state income taxes. But the benefits Tennessee has to offer expand far beyond its financial ones. The state is home to Great Smoky Mountains National Park, which is the most popular national park in the country , by attendance.
It also has a relatively mild climate, which retirees often appreciate. Finally, Tennessee has a rich culture. With so many beautiful communities in Tennessee, it can be difficult to narrow down which are the best for retirees. To do that, we looked at factors such as affordability, safety, amenities, and community. To gather this information, we used three primary sources: Zillow, the U. Census Bureau, and the livability rankings website AreaVibes. Tellico Village is an unincorporated planned community in Loudon County Tennessee on the western shore of the Tellico Reservoir.
Tellico Village is a planned retirement community, which is why such a large percentage of the population is over age In addition to its large senior population, Tellico Village has other amenities that could make it attractive for retirees.
It also has below-average healthcare costs. Unfortunately, the cost of living overall is quite high, including the cost of housing. Germantown is a relatively small city in Shelby County, Tennessee, and is a suburb of Memphis. Germantown has plenty of advantages for retirees. First, the city has a low crime rate and low healthcare costs compared to the national average. It also has many amenities for seniors and residents in general.
That being said, Germantown does have an overall high cost of living and housing costs that are higher than the national average. Chattanoogaa is located along the Tennessee River and near the Appalachian Mountains in the southeastern part of the state. Chattanooga has a relatively low cost of living. Both housing and healthcare costs are lower than the national average, and it has many amenities. The biggest downside of Chattanooga is that its crime rate is several times the national average.
