Best Places for Military Retirement
#3 Austin-Round Rock, TX
Population: 1,659,140
Military Installation: Fort Hood
Median Home Price: $180,600
The metro area of Austin is hot these days and it's not just the weather. Austin has the reputation as a hip and quirky place, due in part to the 50,000 students at the University of Texas, located in the heart of the city. Like other Texas metros in our top ten rankings, federal pensions aren't taxed, and Austin housing has managed to remain fairly affordable. As a larger metro area, Austin offers the retiree more arts and culture, trendy restaurants and mass transit. It has a reputation as one of the most progressive cities in the U.S., with 'green' initiatives and thoughtful urban design. One drawback for the military retiree is that access to benefits and amenities such as base exchanges, commissaries and a VA medical center are all 60 miles away.
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Military Retired Pay Overview
The military retirement system is arguably the best retirement deal around. Unlike most retirement plans, the Armed Forces offer a pension with benefits, that start the day you retire, no matter how old you are.
TRICARE for Retirees
So you are set to retire, but do you know what is going to happen with your health care? Can you really stand to lose your military health care benefits now that you're leaving and probably have a family to take care of?
Online Retirement Center
Helpful tools and advice for military retirees whether you're just getting started, approaching or living in retirement.
Who is USAA?
USAA was formed over 88 years ago by members of the U.S. military to meet the financial needs of servicemembers and their families.
At USAA, we believe that honesty, integrity, loyalty and service aren't just things you talk about — they're the way you live. That's why we work together to create complete retirement plans that include investments, life insurance, estate planning and health care solutions, to give you the freedom to do what's important to you.
We know what it means to serve. Let us serve you.
| Category | Metro Area Statistics |
|---|---|
| Population | 1,659,140 |
| Median Home Price | $180,600 |
| Unemployment Rate | 7.4% |
| Federal Pension Taxed | No |
| Military Installation | Name: Fort Hood Proximity: within 57 miles Amenities: 2 large commissaries, 2 large exchanges, 187-bed hospital, 7 clinics |
| VA Hospital Proximity | 58 miles |
| Education | Number of 4-year colleges: 9 Prominent Institution: University of Texas |
Ask June
Got money questions and looking for answers you can trust? Just Ask June! June Lantz Walbert is a CERTIFIED FINANCIAL PLANNER™ practitioner with USAA Financial Planning Services. She is also a lieutenant colonel in the U.S. Army Reserve with 19 years of service. Walbert's basic branch is Air Defense Artillery. She also is Airborne, Air Assault, and Canadian Air borne qualified.Money Matters
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