These 10 states offer a low monthly cost of living, making them a prime choice for retirement. If you're aiming to save and stretch your dollar further, consider these places.

Towns like Lexington, Kentucky; Venice, Florida; Cañon City, Colorado; Mesa, Arizona; and Richland, Washington, appeal to retirees looking for a combination of outdoor activities and affordability.

Property taxes. All homeowners pay them, but no one enjoys writing the check. That annoyance might change soon, however. Retirees in seven lucky states could see new property tax relief take effect in ...