When it comes to the golden years, retirement in Arizona seems to be one of the more popular choices for people everywhere. However, when it comes to choosing a place to live, retirees have a lot of questions they should ask ahead of time. When it comes to veteran retirees, there are even more questions because their needs could be much different than those of a regular retired individual. With that in mind, here is a look at what veterans should know before choosing retirement in Arizona.
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- State Ranks Lower for Retired Veterans - Arizona ranks high on almost all lists for retirement destinations, however that is not the case for retiring veterans. According to WalletHub, Arizona ranks a middle-of-the-road 18th for veterans when it comes to retirement in Arizona. So, what is it that makes Arizona not as attractive to veterans? There is a lower number of veteran-owned businesses per 1,000 people, fewer hospitals based on the total population than almost any other state, and the biggest problem is job opportunities, which means a retired veteran could struggle to find a good job to help them live off their pension.
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- Taxes - Arizona is not one of the many states that exempts military retirement pay from taxes. There are nine states with no income tax and 13 more than exempt military retirement pay. Arizona does have special cases involved for military retirees. The state allows the retiree to subtract up to $2,500 to arrive at Arizona taxable income.
- Veteran Benefit Counselor Offices - Any veteran considering retirement in Arizona should know immediately where the benefit offices are located. The main office is in downtown Phoenix. This office will help all veterans process compensation and pension applications, apply for aid and assistance when it comes to household benefits, and assist with almost any question about veteran benefits. To contact the office, the phone number is (602) 627-3261 or you can visit their website.
- Veteran Homes - Arizona has two veteran homes in the state. The first is in Phoenix, and is a 200-bed facility, with the second being a 120-bed home in Tucson. Both of these veteran homes are overseen by the Arizona Department of Veteran Services. These are top-notch facilities with varying levels of medical care, although their main goal is to get the retired veterans working at their highest levels.
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