10 worst states for retirement
By Chris Kahn • Bankrate.com
Retirement » 10 Worst States For Retirement
10 bad states for retirees
Worst states for retirees © Doug Lemke/Shutterstock.com
Beware of the beach! Watch out for historic neighborhoods, vineyards, sweeping verandas — especially if you’re about to retire. These places will steal your heart and get you thinking about a permanent move before you’ve considered all the angles.
And there are many. Bankrate analyzed a variety of data, including state taxes, local crime rates, access to medical care and cost of living. We found that some of the prettiest, most touristy states in the nation are also some of the toughest on retirees.
Here, in descending order, are 10 of the lowest-ranking states for retirement based on our criteria.
No. 10: Delaware
Delaware © Songquan Deng/Shutterstock.com
Delaware is home to excellent beaches, hiking trails and other natural beauties. It’s also a shopper’s haven since it doesn’t levy sales taxes on consumers. Yet, despite relatively low state and local taxes and a temperate climate, The First State can be tougher on retirees than many other states. Its cost of living is higher than average, according to data from the Council for Community and Economic Research, and access to medical care is below average.
Delaware’s crime rate also is among the highest in the nation, with 3,970 property and violent crimes per 100,000 people, according to the FBI’s 2011 Uniform Crime Report.
Read more: http://www.bankrate.com/finance/retirement/worst-states-for-retirement.aspx#ixzz2x1QpXZ85
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