Monday, April 30, 2012

Just in case you missed this: #KY #TX #Retirement

Best States to Retire from MoneyRates.com

KentuckyNo. 2: Kentucky

Why it's in the top 10: Though life expectancy is low, Kentucky scored above-average in all other categories. The Bluegrass State's economic factors make it attractive to seniors with fixed incomes.

Economic factors: Kentucky tied with Iowa for the third-best score in this category. Unemployment is a bit high, but cost of living and tax burdens are among the lowest in the U.S.

Climate: Kentucky enjoys a moderate climate, which helped it to an above-average score in this category.

Life expectancy: At 75.2, this is one of America's lowest, making life expectancy Kentucky's only below-average category.

Crime: Violent and property crime rates are both below average in Kentucky.

TexasNo. 1: Texas

Why it's the best state for retirement: Despite a high property crime rate, Texas outranked all other states with its outstanding scores for economic factors and climate.

Economic factors: Texas scored very well for economics, thanks to a low cost of living and low tax burden.

Climate: The climate for such a big state varies, but overall Texas received strong scores for its generally warm climate.

Life expectancy: At 76.7 years, life expectancy for Texans is a little below median.

Crime: The only real blemish for Texas, the high crime rate--especially the nation's highest rate of property crime--might scare off some retirees.

via money-rates.com

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