Thursday, July 10, 2014

The 9 Best States for Retirement

This is from Nick Thornton at Benefits Pro:
The National Institute on Retirement Security has produced a report that attempts to answer that question, scoring states on a 1-10 scale based on its assessments of three typically important considerations for retirees facing the prospect of having saved too little:
  1. retirement income taxes and plan participation and balances among private-sector employees
  2. housing and health care costs for older households, and
  3. labor market opportunities for older workers. 

In first place:  

Tied in 2nd: Alaska, Minnesota and North Dakota. 

Tied in 5th: Iowa, South Dakota, West Virginia, Washington and New Hampshire. 

Worst Three States: California, South Carolina and Florida.  

Full story here.