Thinking to Relocate When You Retire? - Some People Think Indiana - Why?

You probably have thought about retirement and maybe even moving once you retire. While Florida is still in the top spot, several states are getting people's attention. Indiana is one of those states.

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Thinking to Relocate When You Retire? - Some People Think Indiana - Why?
3 Min Read June 15th, 2022

When you are sitting with friends drinking coffee, the conversation often leads to retirement. One of the most debated topics is will you move when you retire.

A 2021 Transamerica study showed that four in ten retirees have moved since retiring. Most people end up in states like Florida, where low taxes and warm weather are featured.

However, there are other great locations to consider. The question is what you are looking for and how close to friends and family you wish to be? Indiana is coming up on a lot of people's radars these days. There are several reasons for that, including affordable housing and lower taxes.

Retirement requires careful planning to ensure you and your spouse can spend your 'golden years' without stress and anxiety. It's hard to calculate when you should retire, as the price of living changes yearly and varies by location. However, retirement planning is still essential in determining when and where you will retire. Many people are considering moving to the Hoosier State as a potentially great place to consider retiring.

It's Good for Finances

You can't escape taxes, but you can live in a location where the taxes are lower. Lower taxes generally means a better standard of living. The high tax states can be hard on your budget.

Indiana is a tax-friendly state and has an overall lower cost of living. Property taxes are also lower than average, and income from Social Security is exempt when you file your state income taxes.  

Housing costs are one of the attractions for Indiana. SoFi says the average housing costs in Indiana run from $661 to $1,148 per month. The state is primarily rural and small to medium towns and cities. The state does larger metro areas like Indianapolis, with over 800,000 in the city, plus more in the metro area. The next biggest area is Fort Wayne, with about 253,000 people, followed by Evansville and South Bend.

Many Accessible Attractions

Many people face mobility problems as they get older. Thankfully, many attractions in Indiana accommodate those with mobility challenges. Still, get your disabled parking placard for access to accessible parking.

State parks have ADA wheelchair-accessible trails. Most museums and other attractions can accommodate people with walking and mobility problems. 

Whether you want to be at the beach (along Lake Michigan like the Indiana Dunes State Park, or enjoy the natural beauty of waterfalls at Clifty Falls State Park and McCormick's State Park, there are many outdoor options to appreciate.

Like football? The Indianapolis Colts offer the excitement of the NFL. Big-time college football is available in South Bend at the University of Notre Dame. Watch the Big Ten in Bloomington at the University of Indiana or in West Lafayette, where the Purdue Boilermakers play.

NBA basketball is available in Indianapolis, where the Pacers play. College and high school basketball is huge in the Hoosier State (remember the movie Hoosiers)? Major college basketball programs in Indiana include these schools:

  • University of Indiana

  • Purdue University

  • University of Notre Dame

  • Indiana State

  • University of Evansville

  • Ball State

  • Butler University

  • Valparaiso University 

There are three minor league baseball teams in the state, Indianapolis, South Bend and Fort Wayne. See the stars before they are stars as you enjoy a beer and a hot dog.

There are many other things to do in Indiana - Things To Do | Visit Indiana

Indiana Is Friendly

Another reason Indiana is so famous for retirees is that it is a friendly state. People are genuinely nice to each other, which you can see in the state's low crime rate. People feel safer as a result of the low crime. This rate is even lower when you consider that most of the crime in the state happens in Indianapolis. It's a fun and wonderful city to live in, but if you are moving to Indiana as a retiree, you may want to consider some of the smaller towns.

Weather Variety

Everyone talks about the weather, and everyone's tastes are different. The state has what most people would agree as five comfortable months with high temperatures ranging from 70-85°. 

Indiana has distinct seasonal weather patterns for everyone to enjoy. Distinct seasons mean you can enjoy warm summers, watch the leaves turn in the fall, enjoy the coats and snow in the winter, and see the flowers bloom in the spring. There's a little something for everyone, so even if you hate the snow or hotter summers, you'll only need to wait a couple of months for your ideal weather season.


With a major city, several medium-size towns, and major college towns, there are many options for quality health care in Indiana. Many top hospitals, clinics, rehabilitation facilities, assisted living, home health care, and nursing homes are available statewide. 

Indiana is a Long-Term Care Partnership state, and the state has reciprocity with other states' long-term-care partnership programs. If you have a Partnership Long-Term Care Insurance policy, the additional dollar-for-dollar asset protection will follow you to Indiana. 

Start thinking about retirement, your finances, possible relocation, and long-term health care planning before retiring. 

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About the Author

Mallory Knee is a freelance writer for multiple online publications where she can showcase her affinity for all things beauty and fashion. She particularly enjoys writing for communities of passionate women who come together for a shared interest and empower one another in the process. In her free time, you can find Mallory trying a fun new dinner recipe, practicing calligraphy, or hanging out with her family.

LTC News Contributor Mallory Knee

Mallory Knee

Contributor since September 25th, 2020

Editor's Note

You can do all the planning you want, but your retirement plans can go up in smoke if you have not considered the variables. Changes in the economy and market fluctuations can have an impact. Your health decline and need for long-term health care can substantially change your financial position. Timing is critical.

You don't know when you will need care, nor will you know when economic changes will occur. You need guarantees. The guaranteed tax-free benefits from a Long-Term Care Insurance policy will be there when you need them.

You can limit the exposure your finances will have to long-term health care expenses, access the care services you want, including care at home, and give loved ones the time to be family instead of caregivers.

Many people will put this off, thinking they have plenty of time. Don't delay. Your current health allows you the ability to plan since LTC Insurance is medically underwritten. Don't think because you are healthy, you don't need to plan. Because you are healthy today, you have the ability to plan.

People need long-term health care due to declining health, mobility problems, dementia, and the frailty of aging. Living a long time can mean you will need care - and you don't have to have an illness to need long-term care. You could be old and feeble but otherwise healthy.

The time most people obtain coverage is in their 50s. Learn how easy and affordable Long-Term Care Insurance can be, plus there are several types of plans you can consider.

Seek Professional Help Planning for Long-Term Care

Experts recommend seeking the help of a qualified and experienced Long-Term Care Insurance specialist to help you find the right coverage. A specialist will match your age, health, and family history with the right coverage at the right price. 

Long-term care is a very specialized area, and few insurance agents and financial advisors have the expertise. Find a specialist who represents the top companies as premiums can vary over 100% between insurance companies. Leading specialists will often have over 500 clients with Long-Term Care Insurance.

A specialist will save you money, and you will have peace of mind knowing they are making the appropriate recommendations - Work With a Specialist | LTC News.

Planning Tools and Resources Available on LTC NEWS

Planning for the future is never easy, but long-term health care planning can be very complicated and comes with many emotions. Getting the right tools and resources will make the process much easier.

One of the goals is to reduce the stress and anxiety usually placed on your family at the time of crisis. LTC NEWS can be beneficial in providing you with important information for you to consider.

LTC NEWS has put in place several resources, including:

You might have questions and LTC NEWS provides the answers for many of the most asked questions here - Frequently Asked Questions | LTC News. Find all the resources available on LTC NEWS - Resources for Long-Term Care Planning | LTC News.

Does Mom or Dad Need Help Now?

If your family is already in crisis and you need to find help and the right care services for mom or dad, LTC NEWS can help. We have put together several comprehensive guides to help you in your process.

Start by reading our four guides -  

If your loved one is lucky enough to own a Long-Term Care Insurance policy, be sure they use it. Sometimes families wait, thinking they can save the benefits for a rainy day. Waiting on using available Long-Term Care Insurance benefits is not a wise idea. 

Get Assistance in Filing a Long-Term Care Insurance Claim

Many insurance companies have issued Long-Term Care Insurance policies over the years. Filing a claim can sometimes be complicated unless you know what to do or get expert help and assistance. 

Don't allow the claim process to stop you from using the benefits available in an LTC policy. Quality care obtained early will help provide a better quality of life and reduce the risk of a deep decline and facility care. 

If you need help in starting the process of a Long-Term Care Insurance claim, LTC NEWS can help. LTC NEWS provides free assistance with no obligation to help you or a loved one complete the claims process with a Long-Term Care Insurance policy. We have teamed up with Amada Senior Care, who will do all the work - free with no obligation. 

Get help finding quality caregivers or long-term care facilities and get recommendations for a proper care plan, whether a person has a policy. - Filing a Long-Term Care Insurance Claim | LTC News

Advantages of Reverse Mortgages 

Today's reverse mortgages for those aged 62 and older could be an ideal resource to fund a Long-Term Care Insurance policy OR even provide money to pay for care if you, or a loved one, already needs help and assistance. You might be eligible at younger ages as well. 

Some people have much of their savings invested in their homes. With today's reverse mortgages, you can find ways to fund care solutions, care itself, and even help with cash flow during your retirement. 

Learn more by asking questions to an expert. Mike Banner, LTC NEWS columnist and host of the TV Show "62 Who Knew" will answer your questions regarding caregiving, aging, health, retirement planning, long-term care, and reverse mortgages. 

- Just "Ask Mike." - Reverse Mortgages | LTC News.

Share Your Knowledge - Be A Guest Contributor for LTC NEWS

LTC NEWS is open to contributors to share their stories with the world. 

You can write a story or ongoing column for LTC NEWS. You can write about many topics, including aging, caregiving, health, lifestyle, retirement planning, and long-term care, to name a few.

Be sure to write for our core target audience of adults aged 40 and older. Our audience is worldwide; however, our primary target is the United States, Canada, the United Kingdom, Australia, and other English-speaking nations. 

Improve your website or blog's SEO and gain exposure and traffic at the same time by being a contributor to LTC NEWS. 

You can even promote yourself, your business, and your website or blog. However, it must have editorial content exclusive to LTC NEWS and not just an advertisement. It can include links to other sites, and you can share the article link once published on your website or social media.

Email your story idea or article: - LTC News Contributors | LTC News

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Use LTC NEWS to drive traffic to your website and help you attract people interested in your products and services. Plus, you can improve your website's SEO so more consumers can find you when they search for your products and services.

There are various marketing options available with LTC NEWS. Traditional advertising, sponsored content articles, strategic alliances, and more are available. 

Learn more about how LTC NEWS can help you market your business, drive traffic, and improve SEO - Advertise With Us | LTC News.

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LTC NEWS offers a 'helpful links' page so readers looking for additional information can find them easily. You can get a dofollow link to your website on LTC NEWS in exchange for a dofollow link on your site.

Let's work together and help consumers who search for us on the web - Site Request | LTC News.

You can also affordably purchase a dofollow link to your website or blog on LTC NEWS. Just contact the advertising department.

Sharing News with LTC NEWS 

Include LTC NEWS in your press release distribution. If your group, organization, business, political committee, etc., have news to share, send it to LTC NEWS. Email -  

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