Nevada may be known for nightlife and casinos, but it has so much more to offer, especially for older adults. Here’s why Nevada is such a great place to retire, especially for older adults.

Warm Weather

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One of the biggest benefits of living in Nevada is its desert climate. You’ll never have to worry about snow in the winter, and there’s also very low risk of natural disasters like hurricanes and tornadoes. While it can get extremely hot during the summer in Las Vegas, cities like Reno are much milder during this time. There’s also plenty of fun stuff to do outdoors in Nevada – places like Lake Mead and Lake Tahoe are great for boating, and those who love to hike will enjoy places like Red Rock Canyon Conservation Area. For those that do enjoy the snow, the Tahoe area also has several ski resorts to visit.

Tax Benefits

Many retirees choose to make their way to Nevada because of the state’s tax benefits. With no state income tax, estate tax, or inheritance tax, you can put more of your money into taking care of yourself and your family. You also won’t have to worry about taxes on your Social Security benefits or withdrawals from your retirement accounts. Additionally, you’ll get more bang for your buck here than you would in other states. The cost of property is slightly higher than the national average, but it’s still lower than many large metro areas. Additionally, homes are very spread out here, which means there’s plenty of space to enjoy.

Entertainment

There’s more than just casinos and nightlife to keep you entertained in Nevada. The state has some of the best golf courses in the United States. In addition to great nightlife, the Las Vegas area also offers live shows, great food, and excellent shopping. Smaller cities like Reno, Carson City, and Elko all offer their own fun activities as well, without the hustle and bustle of the big city. For older adults who like an active lifestyle, Nevada offers plenty to do.

Medicare in Nevada

Older adults should always make sure that they have a healthcare provider they can trust. Medicare plans are available in Nevada for most adults over the age of 65, as well as disabled adults. Original Medicare covers roughly 80 percent of your medical expenses – Part A covers hospital expenses, and Part B covers outpatient services.

You can expand your Medicare coverage with a Medigap plan, which covers many additional services and copays. You can also opt for a Part D plan if you would like prescription drug coverage. Alternatively, you could opt for a Medicare Advantage plan, which is available in every single county in Nevada. These are plans by private insurers that often have additional services.

Nevada’s excellent weather and relaxed tax laws make it a great place for older adults to live. If you’d like to learn more about your 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.