Illinois has some of the best cities to retire to when looking in the Midwest. These safe and affordable places offer public transportation, multiple healthcare options and programs designed specifically for retirees.
Tax breaks are one of the top reasons people choose to retire in Illinois. In fact, Social Security benefits, pension and income from most retirement plans are tax exempt. This leaves you more money in which to enjoy your golden years. Having a knowledgeable estate planning attorney will help ensure no discrepancies within policies.
Aging.com rated Alton, Champaign and Elgin as some of the best places for seniors to live and play.
Retire in Alton, Illinois
Alton is a place that has a small-town feel but with big-city conveniences within short driving distances. Alton is just 20 miles north of St. Louis, Missouri – giving everyone access to the St. Louis Lambert International airport.
Alton offers a low cost of living with excellent senior living facilities. These include retirement communities and semi- and fully- assisted living facilities.
Retire in Champaign, Illinois
The best thing about Champaign being a college town is that the University of Illinois offers a state-of-the-art medical facility. This town has a youthful vibe while still offering a medium town feel and low cost of living.
Champaign is a town that hosts art, culture and sporting events. Plus, it’s easy to get around this city. The Champaign-Urbana Mass Transit, two interstate highways and an Amtrak station make it easy to get to and from all places around Illinois.
Retire in Elgin, Illinois
Elgin is about 40 miles outside of Chicago, giving seniors all the best things of big city life. Being close, but not too close, to Chicago means there is an abundance of things to do in Elgin. The Grand Victoria Casino is a major tourist attraction. And seniors enjoy the nature preserves, parks and golf courses surrounding this community.
Seniors will find several 55+ communities as well as assisted living facilities. The Senior Services Associates offers volunteer opportunities, recreation activities and caregiver assistance.
When looking for places to retire, you must look at Illinois. Cities such as Alton, Champaign and Elgin are just a few communities to consider. Don’t forget about Illinois tax breaks and the low state income tax rate.
Once here, you will easily find experienced estate planning attorneys.
Read More:
• Can You Afford to Retire Comfortably In Illinois?
• Estate Planning and Illinois Retiree Taxes
An experienced estate planning lawyer can advise you on the best options to help you create your will, power of attorney and all documents within your estate plan. To talk to a qualified attorney, contact the Estate & Probate Legal Group at 630-864-5835.
We serve Cook, DuPage, Kane, Lake and Will counties.
