Updated 5/20 .

Let’s take a look at the top five benefits.

(As someone that hails from an area where you get charged 13% on everything, that's amazing) Cheap booze. Small cabins are available in the low $100's. As a hub on the eastern seaboard, Delaware is often overlooked, but it shouldn’t be. Delaware Best Places to Retire - A Guide. Rehoboth Beach beach scene. You’re Still Close to the Action.

Delaware certainly offer some challenges that are worth considering, but there are also some significant benefits that are worth taking a closer look at right now. 1.

If you want to retire to Delaware, you’ve got great instincts and an exciting future to look forward to.

The Cornhusker State is the best state to retire, according to a new Bankrate study, followed by Iowa, Missouri, South Dakota and Florida.

Let’s take a look at the top four drawbacks of retiring in Delaware. Deciding where to retire requires careful planning and some research. Proximity to the beaches and cities, plenty of small towns, an abundance of recreational activities and even low tax rates overall make this an idea place to settle down once you’ve retired. Up to $ 12,500 of retirement income is tax exempt for those who are 60 and older. This state guide to best places to retire in Delaware can help simplify your retirement research.

Close to multiple metro areas. Not only does it have large parks, Newark is home to the University of Delaware. Current Resident: Newark, Delaware is a small town thirty minutes from Philadelphia.

Explore the State of Delaware’s rich history, natural beauty, and tempting trails. Tax Benefits: Southern Delaware’s Financial Advantage.

Here are 10 reasons why.

In 2009 Topretirements wrote a special feature about New Mexico retirement, including pros and cons.

Pros and Cons of Retiring in PA.

Coastal living (at least in Sussex county) Quite a few beaches to discover. Here Are The 5 Best Towns In Delaware To Retire In.

Maine tends to be closer to a retirement community than a thriving neighborhood. To evaluate the cost of living, we compared the median income and the average home price for the state.

Delaware may have been the first state; but it's probably not the first one to come to mind when you think of retirement. Pros: No taxes! Where to Retire in Ruidoso and Home Prices: There are a number of new developments suitable for 55+ residents in the area (see link at top right). Verdict on the Pros and Cons of Living in Delaware. For each Delaware retirement town or active adult community profiled in "The First State" you will get detailed facts, objective insight, photo, Google Map, and more.

Why I Love DE! New castle and Wilmington would be those type of areas. Pennsylvania is one of the most lenient taxing authorities in the country, making it financially advantageous to move there for retirement. Maine is often the oldest state in the country when you look at the average age of its residents. There are towns in sussex county that are nice beachy areas if you don't mind the traffic/tourists in the summer.

While many states have pros and cons when it comes to retirement, Kiplinger compiled the 10 most tax-friendly states and the 10 least tax-friendly states: Most tax friendly. Compare The Best Retirement Options in Delaware .

Right now, the average person living here is 44 years old.