One big advantage of having a lot of money is that you can afford to live just about anywhere you want to.
For wealthy American retirees, that usually means moving to upscale neighborhoods in thriving, warm-weather cities. Here’s a look at six cities where the wealthy are moving to spend their retirement years. Home prices come from Zillow as of Dec. 31, 2025.
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Austin, Texas
- Most expensive neighborhoods: Barton Creek, Westlake Hills, Tarrytown
- Average home price, Barton Creek: $2.2 million
Texas has become a magnet for wealthy retirees partly because residents there don’t have to pay state income taxes or estate/inheritance taxes (though its property taxes are among the highest in the country, per Rocket Mortgage)…