The Lone Star Retirement: Exploring the Best
Places to Retire in Texas

Discovering the perfect retirement location involves a blend of factors, from scenic landscapes to economic incentives. Texas, with its diverse terrain, cultural richness, and the absence of state income tax, is an enticing option for retirees seeking a fulfilling lifestyle. However, the key lies in selecting the right location within the state, considering lifestyle preferences, healthcare access, and affordability. By navigating these elements thoughtfully, retirees can unlock the full potential of their Texas retirement experience, ensuring comfort, fulfillment, and financial security.

Evaluating Texas's Top Retirement Destinations

When evaluating Texas’s top retirement destinations, several key criteria come into play. Cost of living is an important factor, as retirees often seek affordable housing, low taxes, and overall budget-friendly environments. Healthcare access is equally important, with proximity to quality medical facilities and specialized services being a priority. Recreational activities contribute to a vibrant retirement lifestyle, encompassing options such as parks, cultural events, and outdoor pursuits. Lastly, the community environment, including safety, social opportunities, and a welcoming atmosphere, plays a vital role in ensuring a fulfilling and enjoyable retirement experience.

Texas City Profiles: Comprehensive Overviews

Austin

  • Key Statistics: Population: 983,126; Median Home Price: $664,500; Average Annual Temperature: 69°F
  • Amenities: Austin, the state capital, is renowned for its vibrant music scene, numerous parks, and cultural festivals. The city boasts excellent healthcare facilities, including the renowned St. David’s Medical Center and Dell Seton Medical Center.org says “Aside from being a great city for young professionals, Austin is also ideal for retirees. There are numerous activities for senior citizens to enjoy such as boating, golfing, and hiking.”

San Antonio

  • Key Statistics: Population: 1.5 million; Median Home Price: $300,000; Average Annual Temperature: 70°F
  • Amenities: Known for its rich history and cultural landmarks like the Alamo and River Walk, San Antonio offers a warm climate and a lower cost of living compared to other major Texas cities. The city is home to top-notch medical facilities such as Methodist Hospital and University Hospital. San Antonio was ranked the No. 6 city for retirees in 2023 by real estate rental platform Zumper.

Dallas

  • Key Statistics: Population: 1.3 million; Median Home Price: $479,000; Average Annual Temperature: 65°F
  • Amenities: Dallas provides a cosmopolitan lifestyle with an abundance of shopping, dining, and entertainment options. The Dallas-Fort Worth area has a high concentration of hospitals and healthcare services, including Baylor University Medical Center.

Corpus Christi

  • Key Statistics: Population: 355,000; Median Home Price: $224,000; Average Annual Temperature: 74°F
  • Amenities: Situated on the Gulf Coast, Corpus Christi offers beautiful beaches, water sports, and a relaxed coastal lifestyle. The city features quality healthcare facilities like Christus Spohn Hospital. Coastal Bend Area Agency Director Viola Monrreal says that seniors find happiness in Corpus Christi because of things like grocery prices, lower property taxes, ease of mobility, amiable neighbors, and community services1.

Fort Worth

  • Key Statistics: Population: 978,468; Median Home Price: $355,000; Average Annual Temperature: 66°F
  • Amenities: Fort Worth is celebrated for its Western heritage and vibrant arts scene, including the Fort Worth Stockyards and Kimbell Art Museum. The city also provides excellent healthcare services, notably at Texas Health Harris Methodist Hospital.

Affordable Living in Texas's Best Retirement Cities

Retiring in Texas offers significant economic benefits, making it an attractive option for those seeking affordability without sacrificing quality of life. One major advantage is the absence of state income tax, which allows retirees to maximize their fixed incomes. Additionally, Texas boasts a relatively low cost of living compared to other popular retirement states like Florida and California. Even in larger metropolitan areas like Dallas and Austin, where median home prices are $479,000 and $664,000 respectively, the overall cost of living remains competitive due to lower property taxes and utilities.

When comparing cost-of-living indices, Texas consistently ranks lower than states such as California and New York. Groceries, transportation, and healthcare expenses in Texas are generally more affordable, contributing to the state’s appeal for budget-conscious retirees. Recent data shows that the cost of living in Dallas is about 20% lower than in Los Angeles, while Austin is nearly 15% more affordable than Miami. These economic advantages, combined with Texas’s diverse environments and rich cultural offerings, make it an ideal destination for retirees seeking a balanced and affordable lifestyle. Whether choosing dynamic urban centers or serene coastal towns, Texas provides a range of living options to suit various financial preferences, ensuring a comfortable and enjoyable retirement.

Texas Healthcare and Wellness in Retirement

Texas’s top retirement cities offer robust healthcare services and wellness programs, ensuring retirees have access to quality medical care and a healthy lifestyle. In Austin, residents benefit from renowned healthcare facilities such as St. David’s Medical Center and Dell Seton Medical Center, which provide comprehensive medical services and specialized senior care. San Antonio is home to top-notch institutions like Methodist Hospital and University Hospital, known for their advanced medical treatments and dedicated senior health programs.

In Dallas, retirees have access to world-class healthcare at Baylor University Medical Center and UT Southwestern Medical Center, both of which offer extensive senior care services and specialized medical departments. Corpus Christi provides excellent healthcare through Christus Spohn Hospital, which offers a range of senior-focused services, including wellness programs and preventive care. Fort Worth boasts the Texas Health Harris Methodist Hospital, renowned for its comprehensive healthcare services and specialized senior care facilities. These cities not only ensure high-quality medical care but also support overall wellness with various community health initiatives and recreational programs, promoting a healthy and active retirement lifestyle.

Lifestyle and Leisure Activities for Texas Retirees

Retirees in Texas’s top cities can enjoy a diverse array of lifestyle and leisure activities that cater to various interests and preferences. Outdoor enthusiasts can explore numerous natural parks and trails, such as the scenic Lady Bird Lake in Austin and the historic San Antonio Missions National Historical Park. Cultural aficionados will appreciate the vibrant arts scenes, with options like the Dallas Museum of Art and the Kimbell Art Museum in Fort Worth, as well as frequent music festivals and theater productions in Austin. Educational opportunities abound through local universities offering senior learning programs, and community centers provide classes in arts, crafts, and fitness. Additionally, social clubs and volunteer organizations offer ample opportunities for retirees to engage with their communities, ensuring a fulfilling and active retirement.

Community and Social Engagement in Texas

A supportive and active community is crucial for a fulfilling retirement, fostering social connections, and enhancing overall well-being. Texas’s top retirement cities offer numerous community centers, social clubs, and volunteer organizations that cater to seniors. For instance, Austin’s Senior Activity Center hosts a variety of classes, social events, and fitness programs. San Antonio’s District 5 Senior Center provides similar services, promoting social engagement and active living. In Dallas, the Senior Source offers volunteer opportunities and resources for retirees, while Fort Worth’s Sixty and Better Inc. focuses on health and social programs for older adults. These community hubs play a vital role in helping seniors stay connected, engaged, and active, enriching their retirement experience.

Safety and Accessibility in Texas

Safety and accessibility are important considerations for retirees choosing a new place to live. Texas’s top retirement cities generally boast favorable safety records and comprehensive public safety initiatives. For instance, Austin has a proactive community policing strategy and a relatively low crime rate for a city of its size. San Antonio also emphasizes community safety through neighborhood watch programs and a dedicated senior safety initiative.

In terms of transportation, these cities offer various options to ensure seniors can easily navigate their surroundings. Austin’s public transit system, CapMetro, includes senior discounts and ADA-compliant services, enhancing accessibility. San Antonio’s VIA Metropolitan Transit provides similar benefits, with numerous routes and paratransit services for those with mobility challenges. Dallas features DART (Dallas Area Rapid Transit), known for its extensive network and senior-friendly services. Fort Worth’s Trinity Metro offers convenient bus and rail options, along with senior discounts. Additionally, many of these cities prioritize walkability, with well-maintained sidewalks and pedestrian-friendly areas, ensuring that retirees can enjoy their communities safely and comfortably.

Community and Social Engagement in Texas

Beyond the well-known cities, Texas is home to several lesser-known towns that offer a high quality of life for retirees, characterized by unique local attractions and tight-knit community vibes.

Fredericksburg

Nestled in the heart of Texas Hill Country, Fredericksburg is renowned for its charming German heritage, picturesque vineyards, and vibrant arts scene. Retirees enjoy a peaceful lifestyle with access to excellent healthcare facilities and a plethora of outdoor activities, including hiking and wine tasting tours.

Georgetown

Located just north of Austin, Georgetown is celebrated for its historic downtown, serene parks, and the scenic San Gabriel River. This town provides a small-town atmosphere with big-city amenities, including top-rated medical services and a variety of recreational programs at the Georgetown Recreation Center.

Granbury

Situated southwest of Fort Worth, Granbury offers a quaint, lakeside retirement experience. The town’s historic square is bustling with boutique shops, restaurants, and cultural events. Granbury also boasts a strong sense of community, with numerous social clubs and volunteer organizations, as well as access to quality healthcare.

Kerrville

Kerrville, located along the Guadalupe River, is a haven for nature lovers and outdoor enthusiasts. Known for its beautiful parks, golf courses, and annual music festivals, Kerrville offers a vibrant yet relaxed retirement lifestyle. The town is also home to Peterson Regional Medical Center, ensuring residents have access to excellent healthcare.

These hidden gems provide retirees with the opportunity to enjoy a rich, fulfilling lifestyle in a more intimate and community-focused setting, making them ideal for those seeking a balance between tranquility and engagement.

Financial Planning for a Secure Retirement in Texas

As you consider your retirement destination in Texas, it’s equally important to ensure your financial future is secure. Insight Wealth Strategies, with a dedicated office in Houston, offers comprehensive financial services to support your retirement planning. Our team of experienced financial advisors in Houston can assist with retirement planning, investment management, and wealth management, helping you navigate your financial journey with confidence.

Whether you are looking to optimize your investment portfolio, plan for long-term financial security, or manage your wealth, Insight Wealth provides tailored solutions to meet your needs. Ensuring your financial stability through a well-crafted financial wellness plan will allow you to fully enjoy the diverse and enriching experiences that Texas has to offer.

Embrace Your Next Chapter: Finding the Best Place to Retire in Texas

When selecting the ideal retirement destination in Texas, it’s important to consider key factors such as cost of living, healthcare access, recreational opportunities, community environment, and safety. Each city and town offers a unique blend of amenities and lifestyle options, catering to diverse preferences and needs. From the vibrant urban centers of Austin and Dallas to the serene coastal charm of Corpus Christi and the tight-knit communities of hidden gems like Fredericksburg and Georgetown, Texas provides a wealth of retirement possibilities.

We encourage you to visit and explore these locations firsthand to get a true sense of what each has to offer. Spend time in the neighborhoods, tour the healthcare facilities, and engage with local residents to better understand the community dynamics. By experiencing these environments personally, you’ll be better equipped to make an informed decision that aligns with your retirement goals and ensures a fulfilling and enjoyable next chapter of your life.

Reviewed by,

Chad Seegers, CRPC®

Chad Seegers, CRPC®

Chad began his career with Sagemark Consulting in 2005 and then became a Select member of Sagemark’s Private Wealth Services which operated as a national resource for financial planners focusing on Advanced Strategies in the High Net Worth marketplace. Chad then began his partnership with Insight Wealth Strategies in 2013 focused on retirement planning primarily with Oil and Gas employees and executives. His primary areas of expertise are retirement, estate, and investment strategies as he serves as Investment Strategist for the financial planning team.

Insight Wealth Strategies, LLC is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where Insight Wealth Strategies, LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Insight Wealth Strategies, LLC unless a client service agreement is in place.

Insight Wealth Strategies, LLC (IWS) and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.