Countries Where It Is Most Difficult to Retire
The state in which you work may not be the state in which you want to retire. When deciding where you want to spend your golden years, consider the cost of living, taxes and crime rates, and the quality of healthcare when making your decision.
You might want to camp in a neighboring state, make more profit, and find a healthier place to call home.
According to Bankrate.com employees, these four states are the hardest for retirees:
- Arkansas: Although the cost of living is low, high crime rates, access to quality health care and high taxes make it difficult for older people.
- New York: Extremely high tax rates and cost of living are listed on the Empire State.
- Alaska: The low tax rate could not outweigh the high cost of living and high crime rates.
- West Virginia: Mountain State was listed despite its low cost of living, poor medical care, and low personal happiness.
Read the article below to find out if your state made it into the top 10.
10 Worst Conditions for Retirement | Bank rate