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:
Taxes – a familiar theme – brings Wisconsin into the Top 10.
Cold winters and cold cost of living brings Maine into the mix.
Property taxes are the main issue here.
Harsh winters and harsh taxes would make for a not-so-pleasant retirement.
Taxes, taxes, taxes. If you are currently living here, you know.
The high cost of living would make a retirement here difficult.
Property taxes and cold winters bring Vermont into the Top 5.
Taxes and pension troubles keep Rhode Island in the Top 3.
Illinois has been hit hard by the down economy.
Taxes and cost of living bring Connecticut to the top of this list.