Is Virginia a Good State for Retirement?

by | May 2, 2022 | Retirement Planning | 0 comments

18.9% of new residents moving and living in Virginia are retirees. What makes Virginia’s life so appealing?

If you’re retirement planning for the future and considering where you want to spend your golden years, Virginia should be at the top of your list.

Why? There are a host of good reasons to consider the State of Virginia as your retirement home. Read on to learn more.

Bustling Economy

Virginia boasts of its bustling economy. Why does that matter for a senior in retirement planning?

It means the state is strong and will remain strong. It’s a place people want to live and work. If you hope to have a part-time retirement gig, there are plenty of opportunities.

As you plan your retirement finances, Virginia does have a higher than average cost of living. Yet, it is less expensive than nearby Maryland and Washington DC.


While many seniors pack up their belongings and head to warm weather states, Virginia is a state where you can appreciate all four seasons.

You’ll appreciate the beautiful fall and spring weather in the state. Winter is cold and can be snowy, but again often less harsh than states in the Midwest or Northeast.


One exciting feature of Virginia is the geographic diversity it offers its residents. From an ocean coast with expansive beaches to mountain views.

In the winter months, residents can enjoy winter sports like snow skiing in the mountains. Those same mountains also offer great hiking and outdoor recreation in the summer months.

The Atlantic beaches will keep you happy if you hope to spend your free time lounging in the sun.

City Life

Still appreciative of the many benefits of city living, Virginia has many appealing options.

Charlottesville offers plenty of charm for residents. The city boasts culture in art museums and a charming downtown with the nearby Blue Ridge Mountains. Retirees will also benefit from the tax-friendly laws for retired citizens.

Blacksburg is a friendly college town with many tax benefits for retirees. Restaurants and a plethora of activities make this a fun place for an active retired life.

Alexandria offers life on the water and a fabulous historic vibe, with nearby Washington DC as an added benefit.

History Galore

Virginia is right up your alley if you’re a history buff. The first British colony was settled in Jamestown, Virginia, in 1607.

In Virginia, there are presidential homes open to visitors from presidents  George Washington, Thomas Jefferson, James Mondore, John Tyler, Woodrow Wilson, and William Harrison.

Be prepared to spend some of your newfound free time in Williamsburg, Virginia too. It’s also a top city to choose for retirement living. It was here that Robert E. Lee surrendered to Ulysses S. Grant on April 9, 1865.

Happy Place

Do you want to live in a place where the people are happy? Virginia ranks 11th overall in the US for happiness factors.

Virginians feel good about their communities and where they live.

Consider Virginia for Your Retirement Years

If you’re looking for a diverse, friendly, and active state, then Virginia is your place to retire.

Want some help planning for your retirement years? We can help. Schedule a meeting to start setting goals for your retirement.