Selecting a place to retire requires looking at more than an area’s taxes, according to LPL Financial Inc. The examination of a location also should include such things as the education level of the state’s population and the number of physicians and dentists available.
LPL recently released a report ranking the 50 states and the District of Columbia on the basis of such things as the quality of life, including weather and the crime rate and the employment level of residents. The firm assigned grades of A to F in each of six categories: finances, health care, housing, quality of life, employment and education and wellness, and weighted each for importance.
The following states, including some that are considered retirement havens, came out on the bottom of the list. The states are listed, along with some of the factors that led to the low rankings, with the worst listed last.