According to these guys, Vermont is not a good place to retire.http://finance.yahoo.com/news/10-worst-states-for-retirement...There's a two-way tie for this spot. Maryland and Vermont rank among the worst places to retire on Bankrate's list for a variety of reasons.Both have relatively high costs of living and high state and local taxes. Maryland's crime rate also is worse than the national average, and Vermont's weather could be tough on a lot of retirees. Temperatures have been an average of 43.1 degrees in Vermont from 1981 to 2010, making it one of the coldest states in the country.Of course, those drawbacks may not be enough to dissuade lovers of Maryland crab cakes or Vermont's rolling blue-green hills.Count Ni'Count
Thanks for the link. I looked at the 10 worst and best places to retire. I noticed the picture for CA looked a lot like that off the beach in Montecito, a small town adjacent to Santa Barbara. We live a block from that beach. Except that it's expensive, it has everything: ideal climate, scenic beauty, small town next to amenities of a small city. excellent medial care. I wouldn't think of living in any of the 10 best states to retire.db
I think "best" has different definitions depending on your situation.If cost is not a concern your choices are quite different from when funds are limited and you are trying to stretch them. Then perhaps you have to set your priorities and decide what can be cut and what is most important.But this is all part of the retirement process. Its your retirement to enjoy. Do your research and make the right choices for you.
I'm retired in NE Ohio....because, I live here. The last thing I want to do is move out of my house. BTW, excellent hospitals, sports (hahaha)culture in Cleveland, fairly nice parks. And my kids/gks live here too.Birgit
Count such articles tend to look at broad averages - a very dangerous way to make predictions. You mention Maryland's crime rate - don't have any argument (or agreement) with the figures. But I assure you there are many places in Maryland where crime is not a concern. Regarding crime, I suspect the rate is based on # of crimes and # of people. Given Maryland has two very densely populated areas (DC and Baltimore) any characteristic in those areas will dominate the averages. Regarding temperatures - if a person is used to living in FL or VT they would find moving to the other really nasty from a weather point of view. That said, most folks spend most hours inside.GordonAtlanta
I'm retired in NE Ohio....because, I live here. The last thing I want to do is move out of my house. BTW, excellent hospitals, sports (hahaha)culture in Cleveland, fairly nice parks. And my kids/gks live here too.BirgitAshtabula? The Countess was born there.Count No'Count
Ashtabula?Who needs sunshine when you can enjoy clouds and snow all winter?Sunshine is so out of style.
These articles are misleading for reasons already stated and because a state is that is high tax for some, isn't for others. For example, people retired on mostly Social Security and pension income pay little or no income tax in states that don't tax those income sources (or have a generous cap). Some states exempt some amount of IRA withdrawals from income taxation as well.
I hadn't checked this discussion recently, so I had missed the "Hey, RV!" topic until today! We retired here from another state, and we LOVE it! We love our comfortable home, which is on a dirt road, outside a small town, and is situated on several acres, up on a ridge. There are so many trees, with mountains visible in the distance, lovely sunsets, and things like our hummingbirds who just came back yesterday, a gorgeous male scarlet tanager who showed up today (maybe passing through), and so much more. We love the peace and quiet that usually surrounds us, too, and the neighbors who live out of sight, and who are there if you want to get together with them or need them, but who mind their own business, usually, just as we do. We're on Social Security, plus some extra we pull from my self-managed IRA (I work at juggling buys and sells to pretty much sustain it), and a wee bit from a stock dividend my wife gets quarterly, but our federal and state income taxes are virtually nil. (We don't live high on the hog.)VT also has a "Homesteader Exemption" which anyone can apply for each year, too. You apply when you file your state income taxes (if you need that) or just on line, and, depending on your income, the state sends a rebate check for a pretty nice chunk of your local property taxes to your town! In our case, that amounts to about 40% of our property taxes, so that's pretty nice!Whoever said they dislike Vermont is biased, for whatever reason! To each his or her own. We're totally happy with Vermont, and always willing to answer questions!Vermonter
BankRate is nuts -- or jealous.They don't want to live here? Great! Stay where you are! ;)Vermonter
pauleckler:We think it's CHEAP here! However, we're retired, we're coupon shoppers, we do not have any costly hobbies, and we tend to live quietly. We just love it here.Vermonter
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