Retirement

November 23, 2012

Looking to retire? Here are a couple of interesting lists dealing with the best and worst places to retire. I was surprised.

Here are the 10 worst states for retirement, and some of the reasons why each is on the list. With this MoneyRates.com ranking the No. 1 spot is the worst of the worst.

10. Rhode Island — high property taxes

9. Maryland — high property taxes and other costs

8. Maine — low life expectancy and harsh climate

6. New York (tie) — high property taxes and other costs

6. Ohio (tie) — low life expectancy

5. Massachusetts — high property taxes and other costs

4. Illinois — high property taxes and high unemployment

2. Alaska (tie) — high cost-of-living and harsh climate

2. Pennsylvania (tie) — low life expectancy and tough economy

1. Michigan — harsh weather and a tough economic climate

Here are the 10 best states for retirement, and some of the reasons why each is on the list. With this MoneyRates.com ranking the No. 1 spot is the best of the best.

10. Texas (tie) — warm weather and solid economy

10. California (tie) — good weather and high life expectancy

9. South Dakota — low crime rate and high life expectancy

7. New Mexico (tie) — good weather

7. Florida (tie) — good weather

6. Colorado — high life expectancy

5. Virginia — good economy

4. Arizona — good weather and high life expectancy

3. Utah  — good economy

2. Idaho — low crime rate and good economy

1. Hawaii — great weather and high life expectancy

Who could have guessed that good ole California would make the “10 Best” list?

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