10 worst states for retirees

A temperate climate, low taxes and reasonable housing costs can help make your golden years more enjoyable. These states aren't exactly rolling out the welcome mat.

 of 11

VIDEO ON MSN MONEY

195Comments
Feb 8, 2012 11:28AM
avatar
What is the point about arguing over the best place to live in the US or creating these stupid lists?  The best place for anyone is where they are happy, have friends and maybe family, and enjoy their lives.  Just because a state or region holds no appeal to you, doesn't mean it's inferior.  It's just different, and there are a lot of people who love it there.  We should be happy that so much diversity and choice exists within our great country.  I relocated to MA years ago and love it here.  I don't want to live in TX.  But I don't think MA is better than TX.  It's just the right place for me.
Feb 8, 2012 8:42AM
avatar

 I do see a  trend. I continuously see wealthy, big, corrupt  politicians screwing the people and wasting money. The difference between democrats and republicans, republicans will use a credit card to run up debt while democrats just take your money up front and use cash.  How the hell anyone can support any party right now is amazing. They ALL have run this country into the ground. They ALL lie, cheat and steal. ALL OF THEM! They have one goal. MAKE MONEY! Name the last president that made a profit (for the country and not big business) in the past 50 years. So I am  seeing a trend here. And it appears to be all downhill.

Feb 8, 2012 11:35AM
avatar
Every single one is a "blue" state. Imagine that.
Feb 8, 2012 9:04AM
avatar
Ten worst are all liberal, hmmmm, I thought liberals were kind and fair.  Maybe it's only fair for people that make no attempt to do anything for themselves. Retirees are usually people that worked all their life and now are expected to hand their money over for the dead beats that didn't. That's hope and change we can all believe in.  
Feb 8, 2012 11:16AM
avatar
I live in Illinois and will the rest of my life. The great thing about living here is having our Governors making our license plates. Just kidding. I'm not going to get into the politics of good or bad states for retirement, but I will say we have one from each party making our plates here. I do believe every bad thing that has to do with taxpayers and government is of the making of politicians who say they are serving the people, are only serving themselves. Until they retire on the same programs as us and are insured the same as us will I have much faith in the bull---- that flies from their mouth regardless the party affiliation. I get a kick out the fact their trying to pass a bill that limits insider information about investing. They shouldn't pass a bill, they should be prosecuted like they  would any average tax paying American outside of politics. I pray for America! As far as Illinois goes I enjoy the changing seasons, flat land that grows crops that help feed the people here and around the world. God bless us all.
Feb 8, 2012 11:36AM
avatar
Notice there are no Southern States listed. Please don't move down here, LOL
Feb 8, 2012 12:50PM
avatar
Those states are all left wing liberal governed.
Illinois is Obama's Democrat base.

Feb 8, 2012 8:46AM
avatar
I am so ready to get out of New England, and now you know the reason why....Taxes, Taxes Taxes!!! On a disability and widow pension, life is horrible. Own my own home, way too big, but I won't give it away, due to the "market", so here I sit and suffer through each day. Keep looking for my "dream man" -- hehehe -- he hasn't shown up yet. I sure would stick around if that happened, but I am seriously thinking of just renting the property and moving on...Nice, huh, been here my entire life and it has come down to this. Wherever it is, I will not be taking the snow shovel, can't do that either -- had a heart attack!!!  There are NO breaks for people in my situation, shame on the State of RI!!!!
Feb 8, 2012 11:49AM
avatar
The Civil War has nothing to do with it. I'm not a "South is Going to Rise Again" type of person. If the South would have won the war that would have been terrible for this country. My comment mainly relates to taxes and unions. If you look at the common thread in all of the top 10 staes listed, most are overtaxed and most all have a very large union footprint. Just my opinion.
Feb 8, 2012 5:44AM
avatar
I live in a Connecticut small town next to Waterbury and my ranch built in 1971 is worth $200,000 with 3/4 acre.  My 2011 annual propety tax was $4,700.00 and increasing again.     The state is now giving less financial help to the towns and taxes are going up more to make up the shortfall.   Yes the governor has not cut back government expenses and our roads are now a mess with potholes and our winter is mild this year.   All of the salt, sand and snow plowing savings will be squandered instead of putting it down on  debt.   Typical Democrat union lovers, spend, spend and spend and pay more for less.   The unions run Connecticut not the people...    If I knew what I know now, I should of worked for the state and retired at 50 with more money than I was earning by padding overtime the last few years and also get free healthcare for life...    Why is it that the federal government wants to cut Social Security but you don't hear about state or federal pension cuts??   Pensions are sustainable?   I don't think so.....
Feb 8, 2012 9:15AM
avatar
The worst state to retire in is the state of Confusion....
Feb 8, 2012 12:11PM
avatar
My wife and I have lived in Illinois our entire lives. That will be changing soon. We are looking for a house in Indiana which has been more responsibly run and not spent itself into a hole that it cannot recover from like Illinois has. As we approach retirement we have concluded that the high tax burden that we face and the likelihood that it will get even more burdensome is unavoidable. So we are leaving the state of our birth and where our families and friends live to seek a more hospitable community.
Feb 8, 2012 7:46AM
avatar

I can't believe New York is low on this list. I was born and raised on Long Island. We own a small 3 bedroom ranch / 1 bath. On a piece of property less than a 1/3 acre and our yearly taxes are $6000. I love looking back at properties I've owned before and caught a glimpse of one on a canal in Massapequa. Hah, it's over 12,000 a yr. now! This also a small 3 bedroom house /2 1/2 bath. That's worth 12,000. a year? No wonder people are in trouble!

We will all go broke if we retire here in New York. It's going to be the LAND OF THE VERY RICH or THE VERY POOR.  In order to stay here the people will have to live like the GOLDEN GIRLS. Band together and live family style. 5yrs. 11months for me to decide.

Feb 8, 2012 8:38AM
avatar

Connecticut is not a bad state to retire in.  It's a bad state to try to survive in- period.  Any age, any financial situation, especially small business owners and lower- middle class homeowners.  I actually wrote a letter to Gov. Rell  a couple years ago, explaining that I, too, would be exodusing this state, and the numerous reasons why-not that I thought she'd care, but I wanted her to know how the government was chasing away native born residents.  Except I'm still trying to sell my home that is taxed so ridiculously high no one will touch it with a 10 foot pole. I love Connecticut for it's natural beauty, hate it for it's government.

Feb 8, 2012 5:36AM
avatar
why should we have to pay a portion of your property taxes ?  if you want to live here then pay your own. I shouldn't have to pay mine as well as a portion of yours.  So yes, it is expensive
Feb 28, 2012 2:59PM
avatar
It is all political. Compare a list of all democratic led, liberal, unionized states with the top ten fiscally broke, highest taxed, states.... See the correlation?
Feb 8, 2012 7:13AM
avatar

 There is a common thread in all these states....Greed and Corruption!

Then again that seems to be the norm for most states.

Feb 8, 2012 11:58AM
avatar
Just have to say that 8/10 states are pro-democratic, which ties into states that have the highest gas prices and have highest cost of living.

What exactly do we like about liberal politics again?

Feb 8, 2012 12:32PM
avatar

Wow, all blue states.  Shocking.  Tax and spend, spend, tax and spend, spend, tax and spend, spend....

Feb 8, 2012 6:37AM
avatar
All liberal states. Obviously that doesn't work for the "people".....  When are we gonna figure that out. They say they are for the people but they always seem to screw it up. HUGE taxes for their HUGE government programs that are nothing more than intrusive, bloated examples of government incompetence, and waste. What do you call a guy on welfare? RETIRED. The rest of us work and work and work to save and NOT work. They get paid to do that by our tax dollars.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.