Choosing where to live as an older adult can be tricky, as there are so many excellent places to retire. Idaho is a state that offers numerous benefits for retirees. Here’s why you should consider the Gem State as a place to retire.
One of the most exciting things about Idaho is its nature. The capital city of Boise is set in the foothills of the Rocky Mountains. Active residents enjoy hiking in the summer and skiing in the winter. Rivers and lakes cut through the mountains as well, providing plenty of opportunities for water sports. Even if you’re not particularly active, you’ll still enjoy the scenic beauty of the state.
Many people are surprised to learn that Boise is a quickly growing cultural center. In particular, Idaho is known for its wine and beer, and there’s a growing restaurant scene in Boise as well. There is a growing performing arts scene as well, with theater, dance, and music performances as downtown’s Morrison Theatre. Boise is one of the fastest-growing cities in the US, attracting a more diverse range of people. Even Idaho’s smaller cities are growing and have their own unique mix of cultures and communities.
Living in Idaho is incredibly affordable. The cost of living is much lower than the national average, which is great for older adults who are transitioning to living on retirement savings. Not only is it much easier to find affordable property, but you’ll get more space for your money than you would in a big city.
One of the biggest financial advantages for older adults living in Idaho is that Social Security benefits are not taxed. Idaho also has a very low sales tax rate, which means that your everyday purchases will cost less money.
As with many other aspects of living in Idaho, healthcare costs are very affordable. Most adults over the age of 65 can qualify for Medicare coverage in Idaho, as can disabled residents. Original Medicare covers hospital visits through Part A and outpatient services through Part B. Medicare recipients can also choose to supplement their coverage with a Medigap plan, which offers more extensive coverage, as well as Part D, which covers prescriptions. Alternatively, you can opt for a Medicare Advantage plan. Medicare Advantage plans are provided by private insurance companies. They offer the same coverage as Original Medicare as well as additional benefits.
Idaho has so much to offer for older adults. It’s affordable and provides plenty of fun things to do, particularly for those who love the outdoors. If you’re interested in learning more about your Idaho Medicare options, contact Time for 65’s licensed partnered agents today. Fill out this form or give us a call today to see how we can help.