Posted by: Heinz Brisske
Kiplinger conducted an analysis of the most tax-friendly states for retirees, as reported by wsbradio.com. Some of the results may surprise you.
The ten worst states in which to retire are predominantly in the northeast, though there are several from the west and the Midwest, as well.
Ultimately, I suspect, the decision on where to retire won’t be made solely on the basis of taxation, though that will be a factor to be considered by most. I can’t see retirees flocking to Alaska because it was ranked as the most tax-friendly state for retirees. On the other hand, Arizona and Florida residents can be smug in the knowledge that they both live in one of the top ten ‘tax friendly” states in the country.