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13 places everyone will be flocking to for retirement in the 2020s

Business Insider Logo By Liz Knueven of Business Insider | Slide 1 of 14: 
  The states that are pulling in the most retirees
  are changing, and the top 13 that have grown in the past 10 years
  don't even include Florida.
  
  Data from the 
    US Department of Health and Human Services and the
    Administration on Aging shows that retirees are have been
    moving to Alaska, Nevada, and Colorado in droves between 2007
    and 2017, If the trend continues, they'll keep moving there in
    the 2020s. 
  
  These states all have two things retirees want, which one
  expert says will be even more critical in the future: affordable
  healthcare and low taxes.
  
  
    Read
    more personal finance coverage. 
  

  American retirees aren't all flocking to Florida anymore -
  instead, they're heading to places like Colorado, Nevada, and
  Alaska. 

  Retirement planner Jeannette Bajalia says that
  healthcare costs and taxes are going to be on retirees' minds as
  they plan moves in 2020 and beyond. "Healthcare costs are
  escalating both for routine medical costs as well as for
  long-term care," Bajalia told Business Insider. In deciding where
  to live, she said, "People will be looking for ease of access to,
  and affordability of, medical care." 

  Another big factor for people retiring in the new decade will be
  
  taxes. "I think most people will be relocating to more
  tax-friendly states where their money can spread, and instead of
  paying taxes, they can stay active longer and fund their
  lifestyles more effectively," Bajalia said.

  Below, find 13 states that will likely become hot destinations
  for retirees over the next decade. These states had the largest
  growth in senior populations between 2007 and 2017, according to
  the 
  Administration on Aging's data, pulled from the American
  Community Survey, and include traditional sun belt favorites like
  South Carolina, Georgia, and Arizona, but also tax havens like
  New Hampshire and Washington. While the data doesn't distinguish
  between residents aging into the senior population and newcomers
  relocating to the state, a significantly larger senior population
  is bound to make the area more welcoming to those who might want
  to move.

  On this list, five of the 13 states 
  don't tax income. And, many other states on this list have
  little to no income tax.  Plus, according to data from the
  
  Kaiser Family Foundation, many of these states have fairly
  affordable healthcare costs.

American retirees aren't all flocking to Florida anymore - instead, they're heading to places like Colorado, Nevada, and Alaska.

Retirement planner Jeannette Bajalia says that healthcare costs and taxes are going to be on retirees' minds as they plan moves in 2020 and beyond. "Healthcare costs are escalating both for routine medical costs as well as for long-term care," Bajalia told Business Insider. In deciding where to live, she said, "People will be looking for ease of access to, and affordability of, medical care."

Another big factor for people retiring in the new decade will be taxes. "I think most people will be relocating to more tax-friendly states where their money can spread, and instead of paying taxes, they can stay active longer and fund their lifestyles more effectively," Bajalia said.

Below, find 13 states that will likely become hot destinations for retirees over the next decade. These states had the largest growth in senior populations between 2007 and 2017, according to the Administration on Aging's data, pulled from the American Community Survey, and include traditional sun belt favorites like South Carolina, Georgia, and Arizona, but also tax havens like New Hampshire and Washington. While the data doesn't distinguish between residents aging into the senior population and newcomers relocating to the state, a significantly larger senior population is bound to make the area more welcoming to those who might want to move.

On this list, five of the 13 states don't tax income. And, many other states on this list have little to no income tax. Plus, according to data from the Kaiser Family Foundation, many of these states have fairly affordable healthcare costs.

© Adrian Weinbrecht/Getty Images

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