Best and Worst States to Retire

Well it used to be that the 2 best places to retire were Arizona and Florida.  It appears as a result of this latest real estate boom and bust that these 2 states while great for weather have started to drop in retirees eyes as attractive places to be.  Part of it is due to the run up in real estate prices that has literally made it unaffordable for many to buy and live on a fixed income.  Florida for example has seen the first shrinkage in its population in many years.  People are moving to other venues such as Tennessee, South Carolina, Georgia, North Carolina and other venues as the cost of housing is more affordable and the real estate taxes not as burdensome.  Arizona has also seen its run up in real estate that has made it more difficult to live comfortably there.  What are your thoughts?  What are the best places to retire today?  What are the worst?

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  • 1/27/2009 6:43 PM DB wrote:
    Due to problems with the economy, real estate prices in Arizona are fantastic right now for any retirees. Also, property taxes are much lower than other major metro areas. Arizona is a very affordable place to live.

    As a matter of fact, many people from Canada who refrained from buying previously due to higher real estate prices a few years ago are now buying here because of the great deals.
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    1. 2/4/2009 10:07 PM Ed Kopko wrote:
      Thanks for this.  Real estate prices throughout the U.S. are becoming more affordable.  That is a good thing for people looking to buy and move here.  Canadians are crossing the borders in Washington to purchase as well.  Arizona has lots of great features attractive to retirees.  Its unemployment is about the country average. It is rated 26th.  See Best and Worst State Unemployment List
       
      People are also finding North Carolina and Tennessee attractive based on costs and lifestyle.

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