Best and Worst States for Retirement 2010: Complete List
Some of you asked about specific states that weren't on either list -- or to see the entire list. To let everyone see where their state ranked, here's MoneyRates.com's entire list, from the best state for retirement to the worst state for retirement:
1. New Hampshire
3. South Dakota
4. North Dakota
11. Rhode Island
20. New Jersey
22. West Virginia
32. New York
34. New Mexico
43. North Carolina
47. South Carolina
With that, let the arguments begin!
MoneyRates.com recognizes that there will be differing opinions on this. In fact, most of the states in the bottom ten had a top-ten ranking for at least one of our criteria, proving that there is usually something to love about every state. Also, a recent MoneyRates.com/GetRichSlowly.org poll confirmed that proximity to family often outweighs all other considerations in choosing a retirement location.
Still, the importance of the MoneyRates.com list is to help retirees make their choices with open eyes. After all, while most of the bottom states ranked well in one category or another, most had bottom-ten rankings in multiple other categories. If a state has a great climate, but also has a high tax burden or a problem with crime, those are things you should know about before retiring there.
As always, we appreciate your comments. Specifically, was there something we missed? Is there a quantifiable factor that should be figured into our calculations of best and worst states for retirees? Your suggestions will give us food for future thought.