Bankrate has come out with its list of the ten best and ten worst states to retire in, and the news is not good in New Jersey: We're sixth from the bottom. Supposedly, the only worse places to retire are Louisiana, West Virginia, Alaska, New York and, at the very bottom of the barrel, Arkansas, with its high crime rate, low health care rating, and poor happiness scores among senior citizens.
What's wrong with New Jersey? Bankrate cites the state's high cost of living and high taxes, as well as a low score for "emotional health." Despite the state's reputation for crime, we actually received high marks for safety.
The best states to retire in, according to Bankrate, are Virginia at No. 5, followed by Idaho, Utah, and Colorado. Coming in at No. 1 is a surprise choice: Wyoming, cited for its low taxes, low crime rate, and beautiful natural scenery.
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