Retiring in Nevada: a complete guide

1 min readLast updated June 11, 2024by Kate Morgan

Explore the pros and cons of retiring in Nevada and learn more about the best places to live, retirement taxes, and other important factors to consider.


  • According to data from the U.S. Census Bureau, in 2022, over 16% of Nevada's population was over the age of 65.

  • Nevada has pros such as tax-friendly policies and affordable cost of living.

  • Reno is one of the best places for retirees to live in Nevada, with Carson City, Henderson, and Mesquite also in the mix.

  • A financial advisor can help you plan and realize your dream retirement.

Is Nevada a good place to retire?

With its stunning natural landscapes, thriving cities, and tax-friendly policies, Nevada offers a unique retirement experience that attracts many retirees every year.

Want to retire in Nevada?

A financial advisor can help you plan and realize your dream retirement.

According to data from the U.S. Census Bureau, in 2022, Nevada had a population of approximately 3.1 million people, with over 16% of the population being over the age of 65, making it one of the top states with a large retirement population.

Retiring in Nevada offers a unique and diverse environment for retirees looking to enjoy outdoor activities, cultural experiences, and a tax-friendly lifestyle.

However, extreme temperatures, natural disasters, and limited healthcare options could be potential concerns for retirees considering the state as a retirement destination.

Where are the best places to retire in Nevada?

Some cities and towns are particularly attractive to people retiring in Nevada.

Here are the best places for retirees to live in the Silver State:

  1. Reno: Located in the northern part of the state, Reno is a popular retirement destination for its outdoor recreation opportunities, including hiking, skiing, and boating. The city also offers a low cost of living.

  2. Carson City: The state capital, Carson City, offers a small-town atmosphere with a range of cultural and recreational activities. The city is also home to several senior centers and affordable housing options.

  3. Henderson: Located just outside of Las Vegas, Henderson offers a more relaxed and peaceful retirement experience. The city has numerous golf courses, parks, and walking trails, as well as a range of cultural attractions and shopping options.

  4. Mesquite: Situated in the southeastern part of the state, Mesquite offers a warm climate and a range of outdoor activities, including golfing, hiking, and fishing. The city also has a low cost of living.

  5. Las Vegas: Although known primarily for its vibrant nightlife and casinos, Las Vegas also offers a range of retirement options. The city has numerous senior living communities, as well as cultural and recreational activities, including museums, theaters, and golf courses.

What are the pros and cons of retiring in Nevada?

It’s important to consider the pros and cons of retiring in Nevada before making a final decision.

Let’s look at the benefits of retiring in Nevada and at some of the reasons why some retirees choose to live in other states.

The main pros of a Nevada retirement include:

  • Tax-friendly policies: Nevada has no state income tax, which could be a significant advantage for retirees who rely on fixed income. Additionally, the state's property tax rates are among the lowest in the nation. Check the complete tax guide in Nevada here.

  • Affordable cost of living: Nevada's cost of living is lower than that of other popular retirement destinations, such as California. Housing and healthcare costs are generally more affordable, which could be a significant advantage for retirees on a fixed income.

  • Unique environment: Nevada is known for its stunning natural landscapes, from the Mojave Desert to the Sierra Nevada Mountains, making it an attractive destination for retirees who enjoy outdoor activities like hiking, golfing, and skiing.

  • Cultural scene: Nevada offers a vibrant cultural scene with many museums, galleries, and performing arts venues. The state hosts several festivals and events throughout the year, including the Las Vegas Film Festival, the Reno Rodeo, and the Great Reno Balloon Race.

The main cons of retiring in Nevada include:

  • Extreme temperatures: Nevada's climate varies greatly depending on the region, but many areas experience extremely hot summers and cold winters. This could be a concern for retirees who are sensitive to extreme temperatures.

  • Natural disasters: Nevada is also prone to natural disasters such as wildfires, floods, and droughts, which could be a concern for retirees living in certain areas.

  • Limited public transportation: Nebraska is largely a rural state, and public transportation options are limited, making it challenging for retirees who don't drive or prefer to use public transport.

  • Limited healthcare options: While healthcare is more affordable in Nebraska compared to other states, the availability of healthcare options, particularly in rural areas, could be a concern for retirees who require specialized medical attention.

How much are Nevada retirement taxes?

Nevada has a reputation as tax-friendly, and this certainly is one of the big advantages of a Nevada retirement.

There’s no state income tax, although Nevadans still must pay federal income tax.

Whether you earn a salary, win a jackpot in a casino, or receive distributions from a 401(k), IRA, or other retirement savings plan, you don’t need to pay a cent in income tax to the state.

You won’t be taxed on Social Security, and some medical equipment is exempt from sales tax.

What age can you retire in Nevada?

Like many states, Nevada has no specific retirement age that is mandated by law. This means that individuals are free to enjoy the benefits of retiring in Nevada whenever they choose if they can support themselves financially.

However, there are some age-related benefits and considerations for retirees in Nevada:

  • Social Security benefits: The earliest age at which you can begin receiving Social Security benefits is 62, but if you delay taking benefits, your monthly payments will increase. Full retirement age (FRA) is between 66 and 67, depending on your birth year. Delaying benefits until after FRA can result in even higher monthly payments.

  • Medicare eligibility: Medicare eligibility begins at age 65, regardless of retirement status. However, if you choose to retire before age 65, you will need to find alternative healthcare coverage until you become eligible for Medicare.

  • Age discrimination: It is illegal for employers to discriminate against employees or job applicants based on age.

  • Retirement savings: Regardless of retirement age, individuals need to start saving for retirement as early as possible. Many financial experts recommend saving at least 15% of your income for retirement. You could check out the average retirement savings in the US.

Get expert retirement advice

If you’re still unsure about where to retire, it’s wise to seek expert advice.

Unbiased can match you with a fiduciary financial advisor who can help you realize your dream retirement.

Simply answer a few questions, and we will find an advisor best suited to meet your needs. Get started here.

Content writer

Kate Morgan

Kate has written for leading publications and blue chip companies over the last 20 years.

Want to retire in Nevada?

A financial advisor can help you plan and realize your dream retirement.