Tucked in the heart of Arizona's desert landscape, Kingman offers a vibrant community that seamlessly blends rich history with modern living. Known for its strategic location on the iconic Route 66, Kingman captures the spirit of the
fabled highway while delivering a unique small-town charm. Residents enjoy a wealth of outdoor recreational opportunities, from exploring the nearby Hualapai Mountain Park's serene trails to indulging in numerous outdoor activities at the nearby Colorado River.
The city boasts a lively local arts scene, with the ArtHub gallery and a variety of community events that celebrate both local and regional artists. The Kingman Historic
Discover the Vibrant Charm of Kingman,
Hello Kingman, Arizona • Winter Issue |5
District allows residents and visitors alike to journey back in time, where heritage buildings and museums tell stories of the Old West. With a flourishing dining scene, this city satisfies an array of tastes, featuring unique local eateries like the eclectic Dambar & Steak House.
Kingman is not only a delightful stop along a historic route but a warm, welcoming place to call home. With friendly neighborhoods and a
strong sense of community, Kingman truly offers a charming backdrop for a fulfilling lifestyle. From its stunning sunsets to its community spirit, living in Kingman is an invitation to experience beauty and warmth every day.
Discover the Vibrant Charm of Kingman,
Discover the Vibrant Charm of Kingman, Arizona
Tucked in the heart of Arizona's desert landscape, Kingman offers a vibrant community that seamlessly blends rich history with modern living. Known for its strategic location on the iconic Route 66, Kingman captures the spirit of the fabled highway while delivering a unique small-town charm. Residents enjoy a wealth of outdoor recreational opportunities, from exploring the nearby Hualapai Mountain Park's serene trails to indulging in numerous outdoor activities at the nearby Colorado River.
The city boasts a lively local arts scene, with the ArtHub gallery and a variety of community events that celebrate both local and regional artists. The Kingman Historic District allows residents and visitors alike to journey back in time, where heritage buildings and museums tell stories of the Old West. With a flourishing dining scene, this city satisfies an array of tastes, featuring unique local eateries like the eclectic Dambar & Steak House.
Kingman is not only a delightful stop along a historic route but a warm, welcoming place to call home. With friendly neighborhoods and a strong sense of community, Kingman truly offers a charming backdrop for a fulfilling lifestyle. From its stunning sunsets to its community spirit, living in Kingman is an invitation to experience beauty and warmth every day.
FEATURED STORY
How Much Do I Need to Retire Comfortably in Kingman, Arizona?
by Scott Preston
When people begin retirement planning, one of the first questions they ask is how much income they will need to live comfortably. In Kingman, Arizona, the answer often depends on lifestyle choices, health, and the balance of retirement accounts. Scott Preston, a financial advisor with Preston Investments in Kingman, notes that understanding both the cost of living and how retirement income will evolve is crucial to achieving long-term stability.Experts across the United States often recommend that retirees aim to replace between 70 and 80 percent of their pre-retirement
6 | HelloKingman, Arizona • Winter Issue
Scott Preston
ABOUT THE AUTHOR Scott D. Preston, owner and agency principal, has a Bachelor of Science degree in Finance from Northern Arizona University. He is also an Investment Advisor Representative. Preston Investments has been helping people accumulate and conserve wealth since 1970.
income. For example, someone earning $80,000 a year before retirement might plan for an annual income of $56,000 to $64,000 after they stop working. That money can come from Social Security benefits, pension plans, mutual funds, or other investment accounts.The goal is to establish a steady income stream that lasts throughout your later years, even as expenses change.Kingman’s affordability helps make that goal more attainable. Housing and utilities cost less than in most parts of the country, and the overall price of goods and services remains below the national average. Because the cost of living is lower,
Hello Kingman, Arizona • Winter Issue |7
How Much Do I Need to Retire Comfortably in Kingman, Arizona?
When people begin retirement planning, one of the first questions they ask is how much income they will need to live comfortably. In Kingman, Arizona, the answer often depends on lifestyle choices, health, and the balance of retirement accounts. Scott Preston, a financial advisor with Preston Investments in Kingman, notes that understanding both the cost of living and how retirement income will evolve is crucial to achieving long-term stability.
Experts across the United States often recommend that retirees aim to replace between 70 and 80 percent of their pre-retirement income. For example, someone earning $80,000 a year before retirement might plan for an annual income of $56,000 to $64,000 after they stop working. That money can come from Social Security benefits, pension plans, mutual funds, or other investment accounts. The goal is to establish a steady income stream that lasts throughout your later years, even as expenses change.
Kingman’s affordability helps make that goal more attainable. Housing and utilities cost less than in most parts of the country, and the overall price of goods and services remains below the national average. Because the cost of living is lower, retirees in Kingman can often enjoy the same level of comfort as those in larger cities while spending less overall. That advantage can help stretch the value of savings, especially as interest rates fluctuate and inflation slowly increases prices.
Still, it is essential to consider the rising costs of healthcare. As people approach retirement and pass age 65, medical care often becomes a larger portion of the budget. Medicare helps cover some expenses, but retirees may still face out-of-pocket costs, particularly for prescription drugs or long-term care. Planning for these costs helps avoid financial stress later on. Many advisors recommend maintaining an emergency fund or a portion of retirement savings in liquid assets to cover unexpected medical expenses.
Arizona’s tax structure also favors retirees. The state does not tax Social Security benefits, and its property taxes remain among the lowest in the United States. For retirees using Roth IRAs or tax free investment income, that light tax burden further extends the life of savings. Understanding how these benefits interact with federal government rules on income and estate planning can add extra protection for the years ahead.
Preston emphasizes that a retirement plan should be reviewed regularly. Changes in interest rates, healthcare costs, or personal goals may alter the ideal balance between retirement accounts and spending. A financial advisor can help project how long savings will last and determine whether adjustments are needed. Those approaching retirement should also reduce high-interest debts, such as student loans or credit card balances, to maintain a stable monthly income.
A comfortable retirement in Kingman is not only about how much money you have saved, but also about how well your plan adapts to change. With the city’s reasonable cost of living and favorable taxes, many find that their retirement savings can go further than expected when guided by a sound financial strategy.
Because the cost ofliving islower, retirees in Kingmancan often enjoy thesame level ofcomfort as thosein larger citieswhile spending lessoverall.
retirees in Kingman can often enjoy the same level of comfort as those in larger cities while spending less overall. That advantage can help stretch the value of savings, especially as interest rates fluctuate and inflation slowly increases prices.Still, it is essential to consider the rising costs of healthcare. As people approach retirement and pass age 65, medical care often becomes a larger portion of the budget. Medicare helps cover some expenses, but retirees may...
Arizona A Route 66 Gem
Step into Kingman, Arizona, and you'll find a vibrant blend of history, natural beauty, and revitalizing charm. Visiting this delightful town means journeying along the iconic Route 66, where classic Americana comes to life with every mile. Kingman prides itself on being a gateway to history, offering travelers a nostalgic trip back in time.
Begin your exploration at the Historic Route 66 Museum, where the legacy of the Mother Road is celebrated with enthusiasm. The town's spirit shines through its vintage diners and charming antiques shops, inviting visitors to embrace a
slower pace and appreciate the simple joys of life. Kingman's local artisans and lively cultural scene further enhance this unique atmosphere, making it a must-visit destination for any road trip aficionado.
Natural wonders abound in Kingman, from the breathtaking vistas of the Cerbat Mountains to the serene landscapes of Hualapai Mountain Park. Outdoor enthusiasts will revel in the myriad of
Discover the Enchanting Allure of Kingman,
8 | HelloKingman, Arizona • Winter Issue
Hello Kingman, Arizona • Winter Issue |9
Discover the Enchanting Allure of Kingman,
hiking trails, lush picnic spots, and scenic campgrounds that offer a chance to reconnect with nature.
In Kingman, friendly faces welcome you at every turn, and the sense of community is palpable. As you explore this gem of a town, you're sure
to leave with inspiring stories and memories to cherish forever. Discover Kingman, Arizona, where the past meets the present in a tapestry of warmth and wonder.
Discover the Enchanting Allure of Kingman, Arizona: A Route 66 Gem
Step into Kingman, Arizona, and you'll find a vibrant blend of history, natural beauty, and revitalizing charm. Visiting this delightful town means journeying along the iconic Route 66, where classic Americana comes to life with every mile. Kingman prides itself on being a gateway to history, offering travelers a nostalgic trip back in time.
Begin your exploration at the Historic Route 66 Museum, where the legacy of the Mother Road is celebrated with enthusiasm. The town's spirit shines through its vintage diners and charming antiques shops, inviting visitors to embrace a slower pace and appreciate the simple joys of life. Kingman's local artisans and lively cultural scene further enhance this unique atmosphere, making it a must-visit destination for any road trip aficionado.
Natural wonders abound in Kingman, from the breathtaking vistas of the Cerbat Mountains to the serene landscapes of Hualapai Mountain Park. Outdoor enthusiasts will revel in the myriad of hiking trails, lush picnic spots, and scenic campgrounds that offer a chance to reconnect with nature.
In Kingman, friendly faces welcome you at every turn, and the sense of community is palpable. As you explore this gem of a town, you're sure to leave with inspiring stories and memories to cherish forever. Discover Kingman, Arizona, where the past meets the present in a tapestry of warmth and wonder.
