When it comes to finding an ideal retirement destination, Arkansas stands out as a hidden gem. With its serene landscapes, affordable cost of living, excellent healthcare facilities, and abundance of recreational activities, Arkansas offers a comfortable and cost-effective haven for seniors. From the breathtaking natural beauty of its mountains, lakes, and rivers to the vibrant cultural and historical heritage, the state provides a fulfilling and enriching lifestyle for retirees. Whether it's exploring outdoor adventures, embracing a vibrant community spirit, or enjoying the peace and tranquility of retirement-friendly communities, Arkansas has everything to make the golden years truly golden. To learn more about why Arkansas is a great place for you or your senior loved one to retire, read more below or reach out to the Sunbound team for more information.

Serene Landscapes and Outdoor Activities

One of the greatest draws of Arkansas is its breathtaking natural landscapes, which offer a myriad of outdoor activities for retirees seeking to reconnect with nature. From the majestic Ozark Mountains to the peaceful lakes and winding rivers, Arkansas boasts an abundance of scenic beauty. The state is home to numerous national and state parks, providing ample opportunities for hiking, birdwatching, fishing, and camping. For those who enjoy golfing, Arkansas features an array of beautifully designed golf courses set against picturesque backdrops. The mild climate of Arkansas makes it possible to engage in outdoor activities throughout the year, allowing retirees to maintain an active and healthy lifestyle.

Affordable Cost of Living

Arkansas prides itself on its affordable cost of living, making it an appealing choice for retirees looking to stretch their retirement savings. Housing options in Arkansas are diverse and cater to various budgets, ranging from cozy apartments to spacious homes. The state's low property taxes and utility costs further contribute to the overall affordability. In fact, Arkansas has some of the lowest property taxes in the entire country which can result in big savings for retirees. Accessible and reasonably priced healthcare services also add to the affordability of living in Arkansas, ensuring that retirees can maintain their health and well-being without straining their finances.

Low retirement taxes

Along with having a very affordable cost of living, Arkansas has great taxes for retirees meaning that retiring to Arkansas can really help save seniors money and make the most of their retirement savings. First and foremost, Arkansas does not tax income from Social Security meaning that Social Security income is totally exempt from Arkansas state taxes. In addition, Arkansas allows seniors aged 59.5 and above to deduct up to $6,000 from their state income taxes for other forms of retirement income including savings accounts like IRAs or pensions. This deduction applies to the combined total of all of an Arkansas senior’s pensions and retirement accounts. 

Not only does Arkansas have incredibly low property taxes to begin with, but it also has a homestead tax credit that can help reduce retirees taxes even further. This tax credit is worth $375 per year and can be applied to an Arkansas resident’s primary residence, including Arkansas seniors who live in a nursing or retirement home but also own a home. 

Excellent Healthcare Facilities

One of the most critical considerations for retirees is access to quality healthcare. Arkansas excels in this area, with an extensive network of healthcare facilities and renowned medical centers. The state is home to several hospitals and clinics that offer specialized care, ensuring that retirees have access to top-notch medical services. Additionally, Arkansas has a thriving community of healthcare professionals, including doctors, nurses, and specialists, who are dedicated to providing comprehensive and personalized care. Moreover, the state's commitment to expanding healthcare services and resources ensures that retirees have access to the latest advancements in medical technology.

Accessible and Diverse Recreation Opportunities

Arkansas offers a plethora of recreational activities that cater to a wide range of interests, ensuring that retirees can stay active and engaged. The state is home to over 600,000 acres of lakes and 9,700 miles of streams and rivers, making it an excellent destination for fishing enthusiasts. With popular fishing spots such as the White River, Bull Shoals Lake, and Lake Ouachita, retirees can enjoy peaceful days spent casting their lines and enjoying the serenity of the water. For nature lovers, Arkansas provides numerous nature trails and scenic drives, including the famous Pig Trail Scenic Byway and the Buffalo National River, offering breathtaking views and opportunities for wildlife observation. Furthermore, Arkansas boasts more than 50 state parks, which offer a wide range of recreational activities such as hiking, picnicking, boating, and wildlife viewing. Retirees can immerse themselves in the state's natural beauty and embrace an active and healthy lifestyle.

Rich Cultural and Historical Heritage

Arkansas is steeped in a rich cultural and historical heritage that provides a wealth of opportunities for retirees to explore and learn. The state is home to several historic sites and landmarks, including the iconic Little Rock Central High School, a pivotal site during the Civil Rights Movement. Retirees can delve into the state's history by visiting places like the Clinton Presidential Library and the Historic Arkansas Museum, which offer engaging exhibits and educational programs. Arkansas also celebrates its cultural diversity through various festivals and events that showcase its traditions, arts, and cuisines. From the Hot Springs Documentary Film Festival to the International Greek Food Festival in Little Rock, retirees can immerse themselves in the vibrant cultural tapestry of the state. The abundance of cultural and historical attractions in Arkansas ensures that retirees can continue to expand their knowledge and engage in lifelong learning experiences.

Abundance of Retirement-Friendly Communities

Arkansas is known for its numerous retirement-friendly communities that cater specifically to the needs and preferences of elderly residents. These communities offer a range of housing options, from active adult communities to assisted living facilities, ensuring that retirees can find a living arrangement that suits their lifestyle and level of assistance required. Many retirement communities in Arkansas provide amenities such as fitness centers, walking trails, social clubs, and organized activities tailored to the interests of older adults. These communities foster a sense of belonging and provide opportunities for socializing and building new friendships. Additionally, retirement communities often offer on-site healthcare services and support, providing peace of mind for retirees and their families. The availability of retirement-friendly communities in Arkansas ensures that elderly parents can find a comfortable and supportive environment to enjoy their retirement years.

Retiring to Arkansas

While it might not be the first place you think of as a retirement destination, Arkansas is a highly desirable retirement destination for elderly parents seeking a fulfilling and enriching lifestyle. With its serene landscapes, affordable cost of living, excellent healthcare facilities, vibrant culture, and comprehensive support systems, Arkansas offers the perfect balance between natural beauty, community engagement, and comfortable retirement living. Retirees can indulge in a wide range of outdoor activities, explore the state's rich cultural heritage, and bask in the warm and welcoming community spirit. As our senior parents transition into this new chapter of life, Arkansas provides the ideal backdrop for them to create cherished memories, forge new friendships, and embrace the joys of retirement.

To learn more about how Sunbound can help make senior living more affordable for you or your loved one, send us an email at info@sunboundhomes.com or request more information on Sunbound. Sunbound is the best way to pay for senior living and is on a mission to make senior living affordable for everyone.