When thinking of great retirement destinations, Indiana might not be the first place on your list. However, for those who want to stay in the Midwest, Indiana offers plenty of unique advantages for older adults. Here’s what makes the Hoosier state such a great place to spend your later years.

Financial Stability

Indiana has a relatively low cost of living, regardless of whether you’re living in a small town or a larger city like Indianapolis. This means that older adults can find affordable properties to rent or buy. Indiana also does not tax Social Security income, and state income tax is a flat rate of 3.4% percent regardless of income. These tax exemptions can help older adults save money.

Friendly Atmosphere

One of the best things about living in the Midwest is the welcoming, friendly atmosphere. Residents are known for being very social and hospitable. The small towns in Indiana have a very tight-knit culture, so you can really get to know your neighbors.

There’s also plenty of fun things to do in Indiana. The state has a very artsy culture, with art galleries, museums, and live shows to enjoy, even in small towns. There’s also an excellent mix of restaurants to enjoy, particularly in the Indianapolis area. Those who like spending time outside will love the state’s bike trails, golf courses, and lakes in the warmer months. There are also plenty of colleges and universities for older adults that want to expand their knowledge.

Central Location

Many people choose Indiana because it is very centrally located in the United States. This makes it a great option for those who have friends and family spread out around the country, or just for those who like to travel. Major cities like Chicago, Cincinnati, Louisville, Columbus, and St. Louis are all within driving distance. It’s also a short flight to the East Coast, the Deep South, or even to Canada.

Medicare in Indiana

It’s very important for older adults to have access to medical care they can trust, and Indiana is a great place for that. There are plenty of respected hospitals and medical providers, especially in Indianapolis and in the northern part of the state, which is close to Chicago.

Most Indiana residents over the age of 65 will qualify for Medicare coverage. Original Medicare covers both inpatient hospital care (Part A) and many outpatient services (Part B). Many people also opt to extend their care with a Medigap or Medicare Advantage plan, as well as a Part D plan, which covers prescription drugs.

There’s plenty to love about living in the Hoosier state for older adults. If you’re interested in learning more about your Indiana Medicare options, contact Time For 65’s licensed partnered agents today. Fill out this form or give us a call today to learn more about how we can help.