Money Matters: Best, worst states to retire

May 24, 2013 01:30

Each year, comes out with its list of the best and worst states for retirees, based on such factors as hospital beds, doctors, crimes, temperatures, taxes and cost of living. Because quality of life was taken into account along with financial considerations, northern states didn't fare as well.

Where does your state rank in the listings this year? To help your viewers/listeners/readers understand the rankings, take a closer look at medical facilities, crime and the cost of living in your local area. Much of the data from the U.S. Census and the Federal Reserve can be broken down by metropolitan area, giving you more specific data for your market. Local stock brokers and financial planners often have similar information at their fingertips.