Kiplinger

9 Things You Must Know About Retiring to Arizona

Much like Florida, Arizona's population swells in the winter months -- a 2002 study by the Arizona State University reported a boost of nearly 300,000 retirees who temporarily settled in Arizona for the winter. In Lake Havasu City, for instance, the year-round population of 57,000 nearly doubled to 100,000.

Many other retirees have settled in Arizona year-round. The nation's first active adult retirement community sprouted in Youngtown, Ariz., in 1954, and today 17% of the state's 7.2 million residents are 65 and older.

Is Arizona calling to you, too, as you plot your retirement? Here are nine things you should know before deciding to retire in Arizona.

You'll Find Plenty of Company

Getty Images

Between 2010 and mid-2018, Arizona's population grew by 12.2%. (By comparison, New York state's population grew only 0.8%.) In 2018, Arizona ranked number five (behind Vermont, Oregon, Idaho and Nevada) among states with the most inbound movers, according to United Van Lines. Retirement was the reason for the relocation cited by 37% of the

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger5 min read
4 Steps for Managing Income Withdrawals in Retirement
If you’re like most Americans nearing retirement, you’re worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they’ve saved enough to retire comfortably. At a time when the stock market is down, inf
Kiplinger4 min read
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th
Kiplinger4 min readAmerican Government
Where the Midterm Election Races Stand Today
With the congressional midterm elections only weeks away, here’s how we think things will shake out. In early spring, Republicans appeared well on their way to steamroll through the midterms and win back control of the House and Senate. Democrats wer

Related Books & Audiobooks