When I read the Bankrate article I was surprised to see that Florida was ranked 39th on the Top Ten List of Retirement States. Now, I thought that the gorgeous year round weather, the proximity to the ocean and river and the great tax breaks would lure people to the Sunshine State.
But, Bankrate.com indicated that their list was compiled based on various criteria including: cost of living, access to health care, crime rate and tax burden. They also took weather into consideration. Bankrate acknowledged that ‘Arizona and Florida are lovely places to visit when it’s cold everywhere else’, but they indicated that ‘retirees must consider more than sunshine before making a move.’
South Dakota was rated the Best State to Retire.