I would like to tap into the collective knowledge of the ERE community to help me find the ideal retirement location. Everyone will have their own reasons for what kind of place they would like to retire, so I'll explain my criteria.
First, I am 40 years old, married, 2 young kids (< 3 years old). I expect to have about 60K US/year in passive income (dividends) if I were to stop working in a year or two.
I don't expect all of the following criteria to be met. Looking for a short list of places that meet as many as these goals as possible, so I can visit them over the next year or so.
* Location in USA or Canada
* Summers that are not too hot (i.e., avoid high humidity and temps > 90F), and winters that are not too cold (i.e., snow OK, but prefer sunshine and not bitterly cold)
* No state income tax
* Low property tax (<0.5% of home value)
* Low utility costs
* Able to buy new/updated one-story 2500-3000 square foot home for < 350K
* Not too big (ideally 20K - 200K population) and not a lot of sprawl
* Good place to raise a family (i.e., safe, things for kids to do, etc)
* Neighborhood that is walking or short biking distance to good public elementary and middle school
* Neighborhood that is walking or short biking distance to grocery store, pharmacy, and other amenities
* Good public high school(s)
* Good public universities in the state
* Lots of parks, trails and green spaces
* Proximity to running trails / routes
I currently live in Austin, TX. Austin fails as a retirement location for me due to the high property taxes, and the super hot summers. I think pretty much anywhere in Texas would fail for those reasons.
It seems like Colorado or Washington might be promising locations. In particular around the Vancouver WA area, and Longmont CO. Maybe some places in Utah or South Carolina?
I know CO and UT have a state income tax, but at least it's flat and not super high. Ideally I want a state with no state income tax, but like I said before, I don't expect to get everything I want in one place.