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Thursday, August 9, 2018

South Dakota, Best State to Retire

Aloha Everyone,

According to a CNBC report by Annie North published on Thursday, July 12, 2018, South Dakota ranked first place among the 10 Best States to retire. Other states on the list are:

2.  Utah
3.  Idaho
4.  New Hampshire
5.  Florida
6.  Montana
7.  North Carolina
8.  Wyoming
9.  Nebraska 
10. Mississippi

This information is based on personal finance website Bankrate's criteria took into account the following:

Cost of living (20 percent)
Taxes (20 percent)
Health care quality (15 percent)
Weather (15 percent)
Crime (10 percent)
Cultural vitality (10 percent)
Well-being (10 percent)

Five years ago, J.J. began researching the best state for us to retire. We LOVE Hawaii but the cost of living and taxes were discouraging factors. Additionally, to go to anyplace would require a plane ride or two. Being able to visit my Mother more frequently, ability to watch our granddaughter grow plus opportunities to drive to visit many of the US national parks all tilted our decision making process to somewhere on the continental USA.

Interestingly this recent report seem to agree with our choice of a retirement state.

Aloha -- Cathi