5 States with Lowest Average Retirement Age in the US

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This article takes a look at the 5 states with the lowest average retirement age in the US. If you wish to check out our detailed analysis on retiring early, you may go to 20 States with Lowest Average Retirement Age in the US.

5. Arkansas

Average Retirement Age: 62

Average Social Security Check: $1,661

Estimated Annual Cost of Retirement: $51,237

In the state of Arkansas, people generally retire at the age of 62. The state is considered tax-friendly for retirees because Social Security isn’t taxed in Arkansas. However, withdrawals from retirement accounts are partially taxed here. The cost of living is reasonable, being 11.5% lower than the national average. Property taxes are some of the lowest in the country. However, sales taxes are high.

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