Colorado – Retirement Guide

Colorado   Retirement Guide

Top Retirement Cities in Colorado:  Colorado Springs | Fort Collins 

Retiring in Colorado is a dream come true for active retirees with a penchant for the outdoors. The state is filled with 7 majestic mountain ranges, rivers and National Parks which all yield countless opportunities for outdoor adventure, including skiing, hiking, bird watching, stargazing, camping, fishing and bicycling.

While outdoor lovers may hope to retire in Colorado, there’s more to the state that attracts retirees, including a flat state income tax rate of 4.63% and no tax on pension income. The state’s vast size and geography means there are numerous small towns in which to settle, where retirees won’t have to deal with crowds or heavy traffic. While winters can be snowy, particularly in mountainous regions, it is also frequently dry and sunny in Colorado, with startlingly blue skies to offset breathtaking mountain ranges.

While a number of Colorado’s smaller town’s still maintain a charming, “Old West” appeal, a number of it’s larger cities and towns, such as Denver, can feel quite modern. The state is also home to a number of top-notch universities, many of which offer continuing education programs for seniors.

Pros: Stunning scenery and exceptional outdoor activities, low flat state income tax rate
Con: Cost of living can be high in some cities and towns

At a Glance:
Best For: Outdoors lovers
Population: 5,187,582
Cost of Living: 7% higher than national average
Median Home Cost: $ 215,900
Unemployment: 7.5%
Top State Income Tax: 4.63% flat rate

Top Retirement Cities in Colorado:  Colorado Springs | Fort Collins 

Photo by mabecerra via Flickr. All statistics were up to date as of publication. See these sources for the most current data.