Low cost of living and modest taxes put Texas at the top of Money-Rates.coms list
By: Mike DeSenne from: AARP
Many highly personal factors come into play when its 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. Theres no one-size-fits-all formula. After all one
retirees paradise can be anothers hellish nightmare.
See also: Did your city make the top 10 cities for job seekers list?
Money-Rates.com is trying to add some objectivity to whats 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 and taxes.
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
