Arkansas Times | The Retirement Guide 2026

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The Retirement Guide

Retirement in Arkansas isn’t about slowing down — it’s about designing the life you want next.

From filling prescriptions at a trusted hometown pharmacy to navigating Medicare with guidance you can actually understand — including fraud-prevention resources — the support systems in this state are built to help retirees live well with confidence. In this year’s Arkansas Times Retirement Guide, we highlight the services, strategies, and local experts that make Arkansas one of the most livable — and affordable — places to enjoy your next chapter.

“And in the end it’s not the years in your life that count. It’s the life in your years.”
—Abraham Lincoln

Patrol (AR SMP) is here to empower and families, and caregivers to prevent, errors and abuse through outreach, SMP is a grant-funded project of the Living (ACL), U.S. Department of Health

AREAS:

Arkansas is ranked as ONE OF THE BEST states for retirees due to its affordability. The average retirement age is 62. The average life expectancy is 75.40 years, resulting in an average retirement period of 13.4 years. DID YOU KNOW?

FRAUD!

1-866-726-2916

insurance.arkansas.gov/SMP

LOCAL SOURCES

Senior Medicare Patrols (SMPs) empower and assist Medicare beneficiaries, their families, and caregivers to prevent, detect, and report health care fraud, errors, and abuse through outreach, counseling, and education. This program was developed to help you understand more about health care fraud. 1-866-726-2916, AID.Insurance.SMP@arkansas.gov

of the Administration for Community Living (ACL), U.S. Department of Health and Human Services (HHS). The contents are those of the nor endorsement by, ACL/HHS, or the U.S. government.

Alzheimer’s Arkansas is an independent, nonprofit organization. We offer free educational and respite programs, personalized support, printed resources, support groups (in person and online), and financial assistance to family caregivers across the state of Arkansas. Our focus is to support the journey our caregivers face each and every day as they care for loved ones with dementia or chronic illness.

Step into Rhea Drug, a true Little Rock icon that has served the Hillcrest community since 1922. This historic pharmacy isn’t just a place to fill prescriptions; it’s a living piece of neighborhood history. For over a century, Rhea Drug has been a trusted cornerstone, adapting through the decades while maintaining its dedication to personal service. Can’t get out to get your prescriptions? No problem. We have FREE delivery service available every day. Just call today to get started. 2801 Kavanaugh Blvd., Little Rock, 501-663-4131

Sources: Population estimates: U.S. Census Bureau Vintage 2024 Population Estimates, as reported by the Arkansas Economic Development Institute (AEDI), provided the data for the senior population percentage and median age in 2024.

AR SENIOR MEDICARE PATROL

The Arkansas Senior Medicare Patrol (AR SMP) is here to empower and assist Medicare beneficiaries, their families, and caregivers to prevent, detect, and report healthcare fraud, errors and abuse through outreach, counseling, and education. The AR SMP is a grant-funded project of the Administration for Community Living (ACL), U.S. Department of Health and Human Services (HHS).

THEIR WORK IS IN THREE MAIN AREAS:

1. Conduct Outreach and Education

2. Engage Volunteers

3. Receive Beneficiary Complaints

The AR SMP project is 100% funded by Grant #90MPPG0088 of the Administration for Community Living (ACL), U.S. Department of Health and Human Services (HHS). The contents are those of the author(s) and dot not necessarily represent the official view of, nor endorsement by, ACL/HHS, or the U.S. government. 1-866-726-2916 insurance.arkansas.gov/SMP

*You can call from 8 a.m. to 8 p.m., seven days a week.

Money Matters

Review your income sources — Social Security, pensions, savings, investments. (SSA.gov)

Make a monthly budget for housing, food, healthcare, and leisure. (AARP Retirement Planning)

Decide when to start taking Social Security benefits, as timing affects monthly payments. (SSA.gov)

Pay down high-interest debt and maintain an emergency fund. (AARP Retirement Planning)

Health & Coverage

Enroll in Medicare on time and explore supplemental plans. (Medicare.gov)

Review prescription needs and establish a relationship with a trusted pharmacy. (AARP Health)

Learn about fraud prevention programs, like Senior Medicare Patrol. (SMP Resource)

Legal & Life Planning

Update your will, beneficiaries, and power of attorney. (Nolo Legal Guides)

Consider your living situation — stay put, downsize, or relocate. (AARP Livable Communities)

Plan how you’ll spend your time — volunteering, hobbies, travel, or part-time work. (National Institute on Retirement Security)

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