Sunday, December 11, 2011

10 Best-Rated States for Retirement Low cost of living and modest taxes put Texas at the top of Money-Rates.com's list

by: Mike DeSenne | from: AARP | Updated October 2011
Many highly personal factors come into play when it's time to pick the perfect place to retire. Everything from availability of tee times to proximity to grandkids can have an impact on your decision. There's no one-size-fits-all formula. After all, one retiree's paradise can be another's hellish nightmare.
Money-Rates.com is trying to add some objectivity to what's otherwise a very individualized life choice. The finance website looked at a number of factors to come up with a list of the 10 best states for retirement.
The criteria include climate, crime rate, life expectancy and economic conditions such as cost of living, job opportunities, taxes.
An older couple pose as they enjoy the evening cowboy dance in Texas — Robb Kendrick/ Aurora Photos
The No. 1 state, Texas, outranked all other states with its outstanding scores for economic factors and climate. Kentucky and Oklahoma came in second and third, respectively, thanks to a below average crime rate and favorable economic factors.

Here are all 10 best states for retirement according to Money-Rates.com:


10. Kansas
9. Tennessee
8. South Dakota
7. Mississippi
6. Virginia
5. Louisiana
4. Iowa
3. Oklahoma
2. Kentucky
1. Texas

http://www.aarp.org/work/retirement-planning/info-09-2010/10-best-rated-states-for-retirement.html


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