Is Nevada a good place to retire?
Picture this: it’s your first year into retirement, you’ve just woken up on a warm, sunny morning. As you sip your morning coffee on your patio, you're surrounded by the breathtaking desert landscape, admiring the crystal-clear blue skies above. This is just a glimpse of what every morning could be like when you live in a 55+ community in Las Vegas or other attractive cities around Nevada. From its vibrant communities and diverse range of activities, there’s a lot to love about the state of Nevada, especially if you are looking to retire.
Whether Nevada has been on your radar for a while or if it’s a recent addition to your list, we're here to guide you through everything you should know before settling into a 55+ community in the Silver State.
What you will learn:
Estimated reading time: 15 minutes
What are the benefits of retiring in Nevada?
Retiring in the Las Vegas region and other parts of Nevada offers various benefits to enhance your next chapter. From financial considerations to lifestyle advantages, this region provides retirees with unique opportunities to create a fulfilling and enjoyable retirement experience.
Nevada is Tax-Friendly for Retirees
One of the major advantages of retiring in the Nevada or the Las Vegas area is the relatively tax-friendly environment. Generally speaking, the state does not have a state income tax. We strongly advise potential home buyers to consult with a qualified tax professional to assess how these tax advantages may apply to their specific circumstances. Tax professionals can provide tailored advice to help you make informed decisions based on your unique financial and tax profile.
Warm Weather and Natural Beauty
Nevada's warm weather and natural beauty are a dream come true for retirees seeking a sunny and picturesque retirement destination. With little rainfall and close to 300 days of sunshine, you can enjoy outdoor activities and stunning mountain views year-round! Nevada's gorgeous desert landscape adds to its appeal, with its majestic mountain vistas and vibrant colors creating the perfect backdrop for a tranquil retirement lifestyle.
Although summers can get hot, temperatures are usually mild and warm during the rest of the year. It’s important to note that the dry desert climate is a different kind of heat than more humid climates. While some may prefer the humidity of the southern states, others find the unique qualities of the dry desert climate to be more favorable.
Entertainment & Things to Do
Nevada offers a wealth of entertainment options for retirees. Las Vegas and Reno are home to world-class casinos, beautiful shopping centers, and iconic concert venues. But the fun doesn't end there—miles of trails, national and state parks, lakes, and rivers are just a short car ride away. Outdoor enthusiasts can enjoy boating on Lake Mead, biking through Red Rock Canyon, hiking in the Valley of Fire, and skiing or snowboarding down the slopes of Mt. Rose. Golf enthusiasts will feel at home with an endless array of stunning golf resorts to explore, and, of course, we would be remiss if we didn’t mention pickleball! Nevada and the Las Vegas area have several pickleball courts and clubs, making it a popular destination for tournaments and recreational play!
Many 55+ Communities in the Las Vegas & Nevada Area
Nevada is home to many 55+ communities that offer a plethora of activities and amenities, providing ample opportunities to socialize and make friends in your community. From crystal-blue pools to signature fitness studios and miles of golf courses, these communities cater to the needs and desires of active adults. Many communities also have resort-style clubs, where residents can enjoy an active community calendar filled with lively events and gatherings.
Affordable Housing
Housing in Nevada is relatively affordable compared to the national average. This means that retirees can find more spacious homes within their budget, which is particularly appealing to those looking to downsize without sacrificing too much. Nevada’s real estate market offers a range of homes to suit various budgets, making it an ideal choice for retirees looking to maximize their retirement savings.
Award-Winning Food
Foodies will find delight in Nevada's culinary scene, offering a wide range of dining experiences. From renowned celebrity chef-owned restaurants in Las Vegas to cozy, family-owned diners in the suburbs, Nevada has something to satisfy every palate.
Las Vegas also boasts several award-winning restaurants and bars, five of which have earned nominations for the prestigious 2023 James Beard Awards, an outstanding achievement in the world of culinary excellence. Beyond the glitzy exterior of Las Vegas, you’ll find several hidden gems that hold their unique kind of recognition: a coveted feature on Guy Fieri's Diners, Drive-Ins, and Dives. Whether you’re craving a decadent beef wellington or the comforts of homestyle fries and a burger, Nevada’s got a seat for you at the table.
What Are Some Cons of Retiring in Nevada?
While there are many advantages to retiring in the Las Vegas region and other parts of Nevada, there are a few factors to consider before moving.
Tourism
Nevada's high volume of tourism, particularly in Las Vegas, can be a potential downside for some retirees seeking a quiet and laid-back environment. However, most retirement communities are strategically located in more peaceful suburbs, allowing residents to avoid the hustle and bustle of tourist areas.
In Las Vegas, peak tourism season begins in March through May, then again in September through November. During these periods, the city experiences a surge in visitors due to the pleasant weather and various events. You can also count on the holidays to be exceptionally busy, with tourists eager to experience the vibrant nightlife, world-renowned shows, and bustling casinos that the city is famous for. Be aware that with the increase in tourists, there often comes a surge in prices at restaurants, attractions, and hotels. If you’re trying to make the most of your budget and avoid the crowds, take advantage of the shoulder seasons in early spring or late fall, when the crowds are thinner, and prices are generally more reasonable.
Heat
In the summertime, Nevada experiences temperatures beyond the triple-digit mark, with temperatures in the Las Vegas area seeing record highs above 110 degrees in July and August. These extreme temperatures make it a bit harder to enjoy outdoor activities and can also hike up your electricity bill due to the increased air conditioner use.
While summertime temperatures in Nevada can be intense, there are still plenty of ways to enjoy your summer. Escape the heat with one of the countless shows or concerts on the Las Vegas Strip! If that’s not your thing, northern areas like Reno typically offer cooler temperatures than Las Vegas and surrounding areas. Summertime highs in Reno tend to stay in the low 90s, with nights cooling off to the low 60s.
Inefficient Public Transit
Nevada's public transit system is not as extensive or efficient as in other major cities, so owning a car is necessary to venture outside your neighborhood. Having the flexibility of a car will allow you to explore the diverse offerings and attractions the state offers.
Best Places to Retire in Nevada
Las Vegas Area
Contrary to the lively atmosphere of the Strip, Las Vegas provides retirees with a wide array of activities, especially in its quieter suburbs like Summerlin. This scenic area is home to numerous 55+ communities, offering a peaceful escape while still being close to the city's amenities. Summerlin's unique charm lies in its meticulously designed neighborhoods that blend stunning desert landscapes with modern amenities, creating an environment that encourages a strong sense of community and well-being.
Northern Las Vegas is another excellent choice for retirees seeking a serene and picturesque retreat. Here, you'll find quieter streets and stunning mountain views right in your backyard, providing a sense of tranquility distinct from the city center's bustling energy. This area is a haven for those who value the beauty of nature and seek a more laid-back pace of life in retirement.
Reno
With cooler weather and proximity to beautiful Lake Tahoe for skiing and outdoor activities, Reno is an excellent choice for those seeking a balance between comfort and adventure. Reno's unique charm lies in its ability to offer the benefits of Las Vegas-style entertainment and leisure without the crowds. From lively casinos to gorgeous hiking trails, Reno provides a unique atmosphere for retirees who want to savor the vibrant aspects of city life without compromising on tranquility.
Gardnerville
Gardnerville is also a popular destination for retirees, known for its small-town charm and stunning natural surroundings. The town's close-knit community and slower pace of life provide an ideal setting for those who wish to enjoy their golden years in a relaxed and welcoming environment. Surrounded by rolling hills and captivating vistas, Gardnerville invites retirees to embrace the great outdoors. From leisurely strolls through scenic landscapes to engaging in local community activities, Gardnerville provides a peaceful retirement experience for those who value life's simpler pleasures.
Are the Las Vegas and Nevada Regions Good Places to Retire?
If you're looking for a vibrant and active retirement lifestyle, Nevada's 55+ communities may be the perfect place for you! The state's unique blend of natural beauty, entertainment options, and resort-style communities make it an attractive destination for those looking to embark on their next chapter in life. Regardless of what city you choose to settle down in, Nevada has endless opportunities for engagement and fulfillment!
Why Choose Shea Homes for Your Next Chapter?
Consider Shea Homes for your next chapter of life in Las Vegas at Trilogy in Summerlin or Trilogy Sunstone in northern Las Vegas. Both communities offer their own unique blend of engaging activities and amenities designed to cater to your desires and interests. From resort-style amenities to dedicated hospitality teams, Shea Homes is committed to providing you with the perfect home to fit your needs and lifestyle.
Learn more about Shea Homes Communities in Nevada.