New Jersey Makes List Of The 10 Worst States To Retire In
TopRetirements.com has compiled a list of the 10 worst states in which to retire, based on five factors: fiscal health, property taxes, income taxes, cost of living and climate. This year’s Worst 10 List features three new arrivals – Vermont, Minnesota and Maine – meaning three other states escaped retirement infamy: Ohio, Nevada and California. After crunching the numbers, seven of the 10 states to retire in were in the Northeast:
- 10
Wisconsin
Taxes - a familiar theme - brings Wisconsin into the Top 10.
Flickr user accrosFlickr user accros - 9
Maine
Cold winters and cold cost of living brings Maine into the mix.
Boston Public Library, FlickrBoston Public Library, Flickr - 7
Minnesota
Harsh winters and harsh taxes would make for a not-so-pleasant retirement.
Brandon Bartoszek, FlickrBrandon Bartoszek, Flickr - 6
New Jersey
Taxes, taxes, taxes. If you are currently living here, you know.
Flickr user riptheskullFlickr user riptheskull - 5
Massachusetts
The high cost of living would make a retirement here difficult.
Norman B. Leventhal Map Center at the BPL, FlickrNorman B. Leventhal Map Center at the BPL, Flickr - 4
Vermont
Property taxes and cold winters bring Vermont into the Top 5.
Norman B. Leventhal Map Center at the BPL, FlickrNorman B. Leventhal Map Center at the BPL, Flickr - 3
Rhode Island
Taxes and pension troubles keep Rhode Island in the Top 3.
Will Hart, FlickrWill Hart, Flickr - 1
Connecticut
Taxes and cost of living bring Connecticut to the top of this list.
David Blaikie, FlickrDavid Blaikie, Flickr